Gross capital formation (constant LCU), per square kilometre in Montenegro
Montenegro: Gross capital formation (constant LCU), per square kilometre was 101,726 constant LCU per square kilometre in 2023. ▲ Rising
Gross capital formation (constant LCU), per square kilometre in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for gross capital formation (constant lcu), per square kilometre in Montenegro is 101,726 constant LCU per square kilometre, measured in 2023.
Compared with earlier readings it is up 6.9% on the previous year and up 115.7% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Montenegro peaked at 105,389 constant LCU per square kilometre in 2019 and was at its lowest, 42,177 constant LCU per square kilometre, in 2006.
Montenegro ranks 140th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Gross capital formation (constant LCU), per square kilometre in Montenegro, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 2006 | 42,177 constant LCU per square kilometre | — |
| 2007 | 69,735 constant LCU per square kilometre | +65.3% |
| 2008 | 91,402 constant LCU per square kilometre | +31.1% |
| 2009 | 60,799 constant LCU per square kilometre | -33.5% |
| 2010 | 51,669 constant LCU per square kilometre | -15.0% |
| 2011 | 46,478 constant LCU per square kilometre | -10.0% |
| 2012 | 46,626 constant LCU per square kilometre | +0.3% |
| 2013 | 47,158 constant LCU per square kilometre | +1.1% |
| 2014 | 49,568 constant LCU per square kilometre | +5.1% |
| 2015 | 53,473 constant LCU per square kilometre | +7.9% |
| 2016 | 75,181 constant LCU per square kilometre | +40.6% |
| 2017 | 90,420 constant LCU per square kilometre | +20.3% |
| 2018 | 104,255 constant LCU per square kilometre | +15.3% |
| 2019 | 105,389 constant LCU per square kilometre | +1.1% |
| 2020 | 88,454 constant LCU per square kilometre | -16.1% |
| 2021 | 83,216 constant LCU per square kilometre | -5.9% |
| 2022 | 95,127 constant LCU per square kilometre | +14.3% |
| 2023 | 101,726 constant LCU per square kilometre | +6.9% |
Montenegro compared with similar countries
- Montenegro's 101,726 constant LCU per square kilometre is below the median for upper middle income countries, which is 1.62 million constant LCU per square kilometre, 6% of the median. (46 countries reporting)
- Montenegro's 101,726 constant LCU per square kilometre is below the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 8% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66,028 constant LCU per square kilometre | 42,177 constant LCU per square kilometre | 91,402 constant LCU per square kilometre | 4 |
| 2010s | 67,022 constant LCU per square kilometre | 46,478 constant LCU per square kilometre | 105,389 constant LCU per square kilometre | 10 |
| 2020s | 92,131 constant LCU per square kilometre | 83,216 constant LCU per square kilometre | 101,726 constant LCU per square kilometre | 4 |
Countries ranked near Montenegro
- 137 Ghana 123,807 constant LCU per square kilometre compare
- 138 Latvia 122,265 constant LCU per square kilometre compare
- 139 Kiribati 119,058 constant LCU per square kilometre compare
- 141 Botswana 99,977 constant LCU per square kilometre compare
- 142 Peru 95,120 constant LCU per square kilometre compare
- 143 Ecuador 88,070 constant LCU per square kilometre compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 75.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 120.56 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 676.19 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.81 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0732 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,085 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per square kilometre in Montenegro?
- Gross capital formation (constant lcu), per square kilometre in Montenegro was 101,726 constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Montenegro?
- The highest recorded value was 105,389 constant LCU per square kilometre in 2019.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Montenegro?
- The lowest recorded value was 42,177 constant LCU per square kilometre in 2006.
- How does Montenegro rank for gross capital formation (constant lcu), per square kilometre?
- Montenegro ranks 140th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Montenegro?
- Over the last ten years it is up 115.7%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.