Gross capital formation, Percent of GDP in Montenegro
Montenegro: Gross capital formation, Percent of GDP was 24.64 in 2031. ▲ Rising
Gross capital formation, Percent of GDP in Montenegro, 2000–2031
Source: International Monetary Fund.
Analysis
Montenegro recorded 24.64 for gross capital formation, percent of gdp in 2031.
The figure is down 1.6% on the previous year and down 3.2% over ten years.
Over the whole period, gross capital formation, percent of gdp in Montenegro peaked at 40.84 in 2008 and was at its lowest, 16.35, in 2003.
That places Montenegro 14th out of 26 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross capital formation, Percent of GDP in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 23.71 | — |
| 2001 | 24.54 | +3.5% |
| 2002 | 19.77 | -19.5% |
| 2003 | 16.35 | -17.3% |
| 2004 | 17.53 | +7.2% |
| 2005 | 18.63 | +6.3% |
| 2006 | 23.65 | +27.0% |
| 2007 | 34.5 | +45.8% |
| 2008 | 40.84 | +18.4% |
| 2009 | 26.67 | -34.7% |
| 2010 | 22.27 | -16.5% |
| 2011 | 19.1 | -14.2% |
| 2012 | 20.07 | +5.1% |
| 2013 | 18.85 | -6.1% |
| 2014 | 19.5 | +3.4% |
| 2015 | 19.74 | +1.2% |
| 2016 | 24.96 | +26.5% |
| 2017 | 28.65 | +14.8% |
| 2018 | 31.35 | +9.4% |
| 2019 | 30.91 | -1.4% |
| 2020 | 30.09 | -2.7% |
| 2021 | 25.47 | -15.4% |
| 2022 | 27.58 | +8.3% |
| 2023 | 25.45 | -7.7% |
| 2024 | 25.88 | +1.7% |
| 2025 | 26.93 | +4.1% |
| 2026 | 28.57 | +6.1% |
| 2027 | 27.29 | -4.5% |
| 2028 | 26.7 | -2.2% |
| 2029 | 25.48 | -4.5% |
| 2030 | 25.03 | -1.8% |
| 2031 | 24.64 | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.62 | 16.35 | 40.84 | 10 |
| 2010s | 23.54 | 18.85 | 31.35 | 10 |
| 2020s | 26.94 | 25.45 | 30.09 | 10 |
| 2030s | 24.84 | 24.64 | 25.03 | 2 |
Countries ranked near Montenegro
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, percent of gdp in Montenegro?
- Gross capital formation, percent of gdp in Montenegro was 24.64 in 2031, according to International Monetary Fund.
- What is the highest gross capital formation, percent of gdp recorded in Montenegro?
- The highest recorded value was 40.84 in 2008.
- What is the lowest gross capital formation, percent of gdp recorded in Montenegro?
- The lowest recorded value was 16.35 in 2003.
- How does Montenegro rank for gross capital formation, percent of gdp?
- Montenegro ranks 14th out of 26 countries with data for 2031.
- Is gross capital formation, percent of gdp rising or falling in Montenegro?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Gross capital formation, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.