Gross capital formation in Montenegro

Montenegro: Gross capital formation was 26.9% in 2025. ▲ Rising

Latest (2025)
26.9%
Change on year
up 4.1%
World rank
56th
of 187 countries
All-time high
40.8%
in 2008
All-time low
15.4%
in 2003
Years of data
26
2000–2025

Gross capital formation in Montenegro, 2000–2025

0102030402000201220252000: 22.4 % of GDP2001: 23.4 % of GDP2002: 18.8 % of GDP2003: 15.4 % of GDP2004: 16.6 % of GDP2005: 17.7 % of GDP2006: 23.7 % of GDP2007: 34.5 % of GDP2008: 40.8 % of GDP2009: 26.7 % of GDP2010: 22.3 % of GDP2011: 19.1 % of GDP2012: 20.1 % of GDP2013: 18.8 % of GDP2014: 19.5 % of GDP2015: 19.7 % of GDP2016: 25 % of GDP2017: 28.6 % of GDP2018: 31.4 % of GDP2019: 30.9 % of GDP2020: 30.1 % of GDP2021: 25.5 % of GDP2022: 27.6 % of GDP2023: 25.4 % of GDP2024: 25.9 % of GDP2025: 26.9 % of GDP

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

Montenegro recorded 26.9% for gross capital formation in 2025.

The figure is up 4.1% on the previous year and up 36.5% over ten years.

Over the whole period, gross capital formation in Montenegro peaked at 40.8% in 2008 and was at its lowest, 15.4%, in 2003.

Montenegro ranks 56th of 187 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Gross capital formation in Montenegro, year by year

Annual values for Gross capital formation (% of GDP) in Montenegro, 2000 to 2025.
Year % of GDP Change
2000 22.4%
2001 23.4% +4.7%
2002 18.8% -19.9%
2003 15.4% -17.8%
2004 16.6% +7.9%
2005 17.7% +6.6%
2006 23.7% +33.4%
2007 34.5% +45.8%
2008 40.8% +18.4%
2009 26.7% -34.7%
2010 22.3% -16.5%
2011 19.1% -14.2%
2012 20.1% +5.1%
2013 18.8% -6.1%
2014 19.5% +3.4%
2015 19.7% +1.2%
2016 25.0% +26.5%
2017 28.6% +14.8%
2018 31.4% +9.4%
2019 30.9% -1.4%
2020 30.1% -2.7%
2021 25.5% -15.4%
2022 27.6% +8.3%
2023 25.4% -7.7%
2024 25.9% +1.7%
2025 26.9% +4.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.0% 15.4% 40.8% 10
2010s 23.5% 18.8% 31.4% 10
2020s 26.9% 25.4% 30.1% 6

Countries ranked near Montenegro

  1. 53 Kazakhstan 27.2% compare
  2. 54 Brunei Darussalam 27.1% compare
  3. 55 Belarus 27.1% compare
  4. 57 Senegal 26.9% compare
  5. 58 Bahamas 26.8% compare
  6. 59 Czechia 26.8% compare

See the full ranking of 230 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gross capital formation in Montenegro?
Gross capital formation in Montenegro was 26.9% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Montenegro?
The highest recorded value was 40.8% in 2008.
What is the lowest gross capital formation recorded in Montenegro?
The lowest recorded value was 15.4% in 2003.
How does Montenegro rank for gross capital formation?
Montenegro ranks 56th out of 187 countries with data for 2025.
Is gross capital formation rising or falling in Montenegro?
Over the last ten years it is up 36.5%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.

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Gross capital formation in Montenegro. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-percent-of-gdp/montenegro/

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About this data

Indicator
Gross capital formation (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 10,938 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.