Gross fixed capital formation (constant LCU), per square kilometre in Montenegro
Montenegro: Gross fixed capital formation (constant LCU), per square kilometre was 88,091 constant LCU per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (constant LCU), per square kilometre in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
Montenegro recorded 88,091 constant LCU per square kilometre for gross fixed capital formation (constant lcu), per square kilometre in 2023.
That represents a change of up 11.3% on the previous year and up 74.2% over ten years.
Over the whole period, gross fixed capital formation (constant lcu), per square kilometre in Montenegro peaked at 104,058 constant LCU per square kilometre in 2018 and was at its lowest, 38,731 constant LCU per square kilometre, in 2006.
Montenegro ranks 142nd of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Gross fixed capital formation (constant LCU), per square kilometre in Montenegro, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 2006 | 38,731 constant LCU per square kilometre | — |
| 2007 | 65,723 constant LCU per square kilometre | +69.7% |
| 2008 | 86,293 constant LCU per square kilometre | +31.3% |
| 2009 | 61,243 constant LCU per square kilometre | -29.0% |
| 2010 | 51,162 constant LCU per square kilometre | -16.5% |
| 2011 | 47,668 constant LCU per square kilometre | -6.8% |
| 2012 | 46,634 constant LCU per square kilometre | -2.2% |
| 2013 | 50,571 constant LCU per square kilometre | +8.4% |
| 2014 | 49,993 constant LCU per square kilometre | -1.1% |
| 2015 | 55,924 constant LCU per square kilometre | +11.9% |
| 2016 | 76,355 constant LCU per square kilometre | +36.5% |
| 2017 | 90,393 constant LCU per square kilometre | +18.4% |
| 2018 | 104,058 constant LCU per square kilometre | +15.1% |
| 2019 | 101,874 constant LCU per square kilometre | -2.1% |
| 2020 | 89,913 constant LCU per square kilometre | -11.7% |
| 2021 | 78,402 constant LCU per square kilometre | -12.8% |
| 2022 | 79,134 constant LCU per square kilometre | +0.9% |
| 2023 | 88,091 constant LCU per square kilometre | +11.3% |
Montenegro compared with similar countries
- Montenegro's 88,091 constant LCU per square kilometre is below the median for upper middle income countries, which is 1.43 million constant LCU per square kilometre, 6% of the median. (45 countries reporting)
- Montenegro's 88,091 constant LCU per square kilometre is below the median for Europe & Central Asia, which is 1.29 million constant LCU per square kilometre, 7% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62,998 constant LCU per square kilometre | 38,731 constant LCU per square kilometre | 86,293 constant LCU per square kilometre | 4 |
| 2010s | 67,463 constant LCU per square kilometre | 46,634 constant LCU per square kilometre | 104,058 constant LCU per square kilometre | 10 |
| 2020s | 83,885 constant LCU per square kilometre | 78,402 constant LCU per square kilometre | 89,913 constant LCU per square kilometre | 4 |
Countries ranked near Montenegro
- 139 Tunisia 106,623 constant LCU per square kilometre compare
- 140 Peru 100,717 constant LCU per square kilometre compare
- 141 Brazil 91,429 constant LCU per square kilometre compare
- 143 Solomon Islands 87,409 constant LCU per square kilometre compare
- 144 Ecuador 86,311 constant LCU per square kilometre compare
- 145 Australia 80,767 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 fixed capital formation (constant lcu), per square kilometre in Montenegro?
- Gross fixed capital formation (constant lcu), per square kilometre in Montenegro was 88,091 constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant lcu), per square kilometre recorded in Montenegro?
- The highest recorded value was 104,058 constant LCU per square kilometre in 2018.
- What is the lowest gross fixed capital formation (constant lcu), per square kilometre recorded in Montenegro?
- The lowest recorded value was 38,731 constant LCU per square kilometre in 2006.
- How does Montenegro rank for gross fixed capital formation (constant lcu), per square kilometre?
- Montenegro ranks 142nd out of 165 countries with data for 2023.
- Is gross fixed capital formation (constant lcu), per square kilometre rising or falling in Montenegro?
- Over the last ten years it is up 74.2%. 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 fixed 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 fixed 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 fixed capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross fixed 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 fixed 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.