Gross fixed capital formation in Montenegro
Montenegro: Gross fixed capital formation was 1.60 billion constant 2015 US$ in 2025. ▲ Rising
Gross fixed capital formation in Montenegro, 2006–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Montenegro is 1.60 billion constant 2015 US$, measured in 2025. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 92.7% over ten years.
Over the whole period, gross fixed capital formation in Montenegro peaked at 1.60 billion constant 2015 US$ in 2025 and was at its lowest, 575.17 million constant 2015 US$, in 2006.
That places Montenegro 135th out of 161 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross fixed capital formation in Montenegro, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 575.17 million constant 2015 US$ | — |
| 2007 | 976.03 million constant 2015 US$ | +69.7% |
| 2008 | 1.28 billion constant 2015 US$ | +31.3% |
| 2009 | 909.50 million constant 2015 US$ | -29.0% |
| 2010 | 759.78 million constant 2015 US$ | -16.5% |
| 2011 | 707.90 million constant 2015 US$ | -6.8% |
| 2012 | 692.54 million constant 2015 US$ | -2.2% |
| 2013 | 751.01 million constant 2015 US$ | +8.4% |
| 2014 | 742.42 million constant 2015 US$ | -1.1% |
| 2015 | 830.51 million constant 2015 US$ | +11.9% |
| 2016 | 1.13 billion constant 2015 US$ | +36.5% |
| 2017 | 1.34 billion constant 2015 US$ | +18.4% |
| 2018 | 1.55 billion constant 2015 US$ | +15.1% |
| 2019 | 1.51 billion constant 2015 US$ | -2.1% |
| 2020 | 1.34 billion constant 2015 US$ | -11.7% |
| 2021 | 1.16 billion constant 2015 US$ | -12.8% |
| 2022 | 1.18 billion constant 2015 US$ | +0.9% |
| 2023 | 1.31 billion constant 2015 US$ | +11.3% |
| 2024 | 1.44 billion constant 2015 US$ | +10.2% |
| 2025 | 1.60 billion constant 2015 US$ | +11.0% |
Montenegro compared with similar countries
- Montenegro's 1.60 billion constant 2015 US$ is below the median for upper middle income countries, which is 11.14 billion constant 2015 US$, 14% of the median. (45 countries reporting)
- Montenegro's 1.60 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 27.92 billion constant 2015 US$, 6% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 935.55 million constant 2015 US$ | 575.17 million constant 2015 US$ | 1.28 billion constant 2015 US$ | 4 |
| 2010s | 1.00 billion constant 2015 US$ | 692.54 million constant 2015 US$ | 1.55 billion constant 2015 US$ | 10 |
| 2020s | 1.34 billion constant 2015 US$ | 1.16 billion constant 2015 US$ | 1.60 billion constant 2015 US$ | 6 |
Countries ranked near Montenegro
- 132 Sierra Leone 2.18 billion constant 2015 US$ compare
- 133 Yemen 2.16 billion constant 2015 US$ compare
- 134 Venezuela 2.15 billion constant 2015 US$ compare
- 136 Bhutan 1.37 billion constant 2015 US$ compare
- 137 Djibouti 1.09 billion constant 2015 US$ compare
- 138 Maldives 1.06 billion constant 2015 US$ 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Montenegro?
- Gross fixed capital formation in Montenegro was 1.60 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Montenegro?
- The highest recorded value was 1.60 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Montenegro?
- The lowest recorded value was 575.17 million constant 2015 US$ in 2006.
- How does Montenegro rank for gross fixed capital formation?
- Montenegro ranks 135th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Montenegro?
- Over the last ten years it is up 92.7%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.