Gross Fixed Capital Formation Deflator — Value Standard Local in Montenegro
Montenegro: Gross Fixed Capital Formation Deflator — Value Standard Local was 122.58 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Montenegro, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Montenegro recorded 122.58 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 1.0% on the previous year and up 22.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Montenegro peaked at 122.58 SLC in 2024 and was at its lowest, 49.51 SLC, in 1996.
Montenegro ranks 135th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Montenegro, year by year
| Year | SLC | Change |
|---|---|---|
| 1990 | 85.23 SLC | — |
| 1991 | 80.24 SLC | -5.9% |
| 1992 | 83.46 SLC | +4.0% |
| 1993 | 76.68 SLC | -8.1% |
| 1994 | 76.98 SLC | +0.4% |
| 1995 | 85.64 SLC | +11.2% |
| 1996 | 49.51 SLC | -42.2% |
| 1997 | 53.96 SLC | +9.0% |
| 1998 | 52.65 SLC | -2.4% |
| 1999 | 52.78 SLC | +0.2% |
| 2000 | 80.15 SLC | +51.9% |
| 2001 | 81.82 SLC | +2.1% |
| 2002 | 58.77 SLC | -28.2% |
| 2003 | 71.6 SLC | +21.8% |
| 2004 | 95.34 SLC | +33.1% |
| 2005 | 96.66 SLC | +1.4% |
| 2006 | 100.76 SLC | +4.2% |
| 2007 | 100.08 SLC | -0.7% |
| 2008 | 104.71 SLC | +4.6% |
| 2009 | 99.09 SLC | -5.4% |
| 2010 | 100.48 SLC | +1.4% |
| 2011 | 101.95 SLC | +1.5% |
| 2012 | 103.07 SLC | +1.1% |
| 2013 | 100.48 SLC | -2.5% |
| 2014 | 99.91 SLC | -0.6% |
| 2015 | 100 SLC | +0.1% |
| 2016 | 96.02 SLC | -4.0% |
| 2017 | 95.66 SLC | -0.4% |
| 2018 | 98.32 SLC | +2.8% |
| 2019 | 99.15 SLC | +0.8% |
| 2020 | 97.13 SLC | -2.0% |
| 2021 | 104.12 SLC | +7.2% |
| 2022 | 120.91 SLC | +16.1% |
| 2023 | 121.31 SLC | +0.3% |
| 2024 | 122.58 SLC | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69.71 SLC | 49.51 SLC | 85.64 SLC | 10 |
| 2000s | 88.9 SLC | 58.77 SLC | 104.71 SLC | 10 |
| 2010s | 99.5 SLC | 95.66 SLC | 103.07 SLC | 10 |
| 2020s | 113.21 SLC | 97.13 SLC | 122.58 SLC | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) -3.24 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0755 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,118 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -3.24 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.0711 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 1,053 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.9 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6338 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Montenegro?
- Gross fixed capital formation deflator — value standard local in Montenegro was 122.58 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Montenegro?
- The highest recorded value was 122.58 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Montenegro?
- The lowest recorded value was 49.51 SLC in 1996.
- How does Montenegro rank for gross fixed capital formation deflator — value standard local?
- Montenegro ranks 135th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Montenegro?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).