Gross fixed capital formation in Montenegro
Montenegro: Gross fixed capital formation was 22.3% in 2025. ▲ Rising
Gross fixed capital formation in Montenegro, 2000–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Montenegro recorded 22.3% for gross fixed capital formation in 2025.
That represents a change of up 6.0% on the previous year and up 7.8% over ten years.
Over the whole period, gross fixed capital formation in Montenegro peaked at 39.0% in 2008 and was at its lowest, 13.3%, in 2003.
That places Montenegro 89th out of 181 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Gross fixed capital formation in Montenegro, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 16.9% | — |
| 2001 | 17.5% | +3.7% |
| 2002 | 14.6% | -16.5% |
| 2003 | 13.3% | -9.1% |
| 2004 | 17.1% | +28.8% |
| 2005 | 18.0% | +4.9% |
| 2006 | 22.8% | +26.6% |
| 2007 | 32.8% | +44.0% |
| 2008 | 39.0% | +19.1% |
| 2009 | 27.2% | -30.2% |
| 2010 | 22.1% | -19.1% |
| 2011 | 20.1% | -8.9% |
| 2012 | 20.3% | +1.0% |
| 2013 | 20.4% | +0.6% |
| 2014 | 19.4% | -5.1% |
| 2015 | 20.7% | +6.8% |
| 2016 | 24.9% | +20.4% |
| 2017 | 27.2% | +9.2% |
| 2018 | 29.8% | +9.4% |
| 2019 | 27.6% | -7.3% |
| 2020 | 28.2% | +2.2% |
| 2021 | 22.2% | -21.1% |
| 2022 | 21.7% | -2.2% |
| 2023 | 20.4% | -6.0% |
| 2024 | 21.1% | +3.1% |
| 2025 | 22.3% | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.9% | 13.3% | 39.0% | 10 |
| 2010s | 23.2% | 19.4% | 29.8% | 10 |
| 2020s | 22.7% | 20.4% | 28.2% | 6 |
Countries ranked near Montenegro
- 86 Philippines 22.7% compare
- 87 Thailand 22.7% compare
- 88 Mexico 22.4% compare
- 90 Guinea-Bissau 22.3% compare
- 91 Ireland 22.2% compare
- 92 New Caledonia 22.1% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0333 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 442.1 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0308 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 408.45 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0225 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 298.36 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 285.57 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 3.1 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Montenegro?
- Gross fixed capital formation in Montenegro was 22.3% 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 39.0% in 2008.
- What is the lowest gross fixed capital formation recorded in Montenegro?
- The lowest recorded value was 13.3% in 2003.
- How does Montenegro rank for gross fixed capital formation?
- Montenegro ranks 89th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Montenegro?
- Over the last ten years it is up 7.8%. 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 (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 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 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.