Gross fixed capital formation (current LCU), per square kilometre in Montenegro
Montenegro: Gross fixed capital formation (current LCU), per square kilometre was 107,404 current LCU per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (current LCU), per square kilometre in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Montenegro recorded 107,404 current LCU per square kilometre for gross fixed capital formation (current lcu), per square kilometre in 2023. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 112.4% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per square kilometre in Montenegro peaked at 107,404 current LCU per square kilometre in 2023 and was at its lowest, 36,655 current LCU per square kilometre, in 2006.
That places Montenegro 159th out of 177 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Gross fixed capital formation (current LCU), per square kilometre in Montenegro, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 2006 | 36,655 current LCU per square kilometre | — |
| 2007 | 65,478 current LCU per square kilometre | +78.6% |
| 2008 | 89,934 current LCU per square kilometre | +37.4% |
| 2009 | 60,395 current LCU per square kilometre | -32.8% |
| 2010 | 51,162 current LCU per square kilometre | -15.3% |
| 2011 | 48,361 current LCU per square kilometre | -5.5% |
| 2012 | 47,828 current LCU per square kilometre | -1.1% |
| 2013 | 50,569 current LCU per square kilometre | +5.7% |
| 2014 | 49,706 current LCU per square kilometre | -1.7% |
| 2015 | 55,653 current LCU per square kilometre | +12.0% |
| 2016 | 72,964 current LCU per square kilometre | +31.1% |
| 2017 | 86,065 current LCU per square kilometre | +18.0% |
| 2018 | 101,828 current LCU per square kilometre | +18.3% |
| 2019 | 100,522 current LCU per square kilometre | -1.3% |
| 2020 | 86,917 current LCU per square kilometre | -13.5% |
| 2021 | 81,416 current LCU per square kilometre | -6.3% |
| 2022 | 96,119 current LCU per square kilometre | +18.1% |
| 2023 | 107,404 current LCU per square kilometre | +11.7% |
Montenegro compared with similar countries
- Montenegro's 107,404 current LCU per square kilometre is below the median for upper middle income countries, which is 3.05 million current LCU per square kilometre, 4% of the median. (50 countries reporting)
- Montenegro's 107,404 current LCU per square kilometre is below the median for Europe & Central Asia, which is 1.81 million current LCU per square kilometre, 6% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63,115 current LCU per square kilometre | 36,655 current LCU per square kilometre | 89,934 current LCU per square kilometre | 4 |
| 2010s | 66,466 current LCU per square kilometre | 47,828 current LCU per square kilometre | 101,828 current LCU per square kilometre | 10 |
| 2020s | 92,964 current LCU per square kilometre | 81,416 current LCU per square kilometre | 107,404 current LCU per square kilometre | 4 |
Countries ranked near Montenegro
- 156 Kiribati 133,740 current LCU per square kilometre compare
- 157 Fiji 131,292 current LCU per square kilometre compare
- 158 Botswana 118,694 current LCU per square kilometre compare
- 160 Solomon Islands 96,769 current LCU per square kilometre compare
- 161 Ecuador 96,656 current LCU per square kilometre compare
- 162 Mauritania 91,161 current 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 (current lcu), per square kilometre in Montenegro?
- Gross fixed capital formation (current lcu), per square kilometre in Montenegro was 107,404 current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in Montenegro?
- The highest recorded value was 107,404 current LCU per square kilometre in 2023.
- What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in Montenegro?
- The lowest recorded value was 36,655 current LCU per square kilometre in 2006.
- How does Montenegro rank for gross fixed capital formation (current lcu), per square kilometre?
- Montenegro ranks 159th out of 177 countries with data for 2023.
- Is gross fixed capital formation (current lcu), per square kilometre rising or falling in Montenegro?
- Over the last ten years it is up 112.4%. 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 (current 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 (current 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 (current 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 (current 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.