Gross fixed capital formation, Private sector, Constant prices in Montenegro
Montenegro: Gross fixed capital formation, Private sector, Constant prices was 2.04 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Montenegro, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, constant prices in Montenegro stood at 2.04. That is the highest value across all 60 years on record.
That represents a change of up 5.7% on the previous year and up 64.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Montenegro peaked at 2.04 in 2019 and was at its lowest, 0.2043, in 1960.
Montenegro ranks 141st of 173 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in Montenegro, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.2043 | — |
| 1961 | 0.2124 | +4.0% |
| 1962 | 0.2209 | +4.0% |
| 1963 | 0.2298 | +4.0% |
| 1964 | 0.239 | +4.0% |
| 1965 | 0.2485 | +4.0% |
| 1966 | 0.2585 | +4.0% |
| 1967 | 0.2688 | +4.0% |
| 1968 | 0.2795 | +4.0% |
| 1969 | 0.2907 | +4.0% |
| 1970 | 0.3024 | +4.0% |
| 1971 | 0.3145 | +4.0% |
| 1972 | 0.327 | +4.0% |
| 1973 | 0.3401 | +4.0% |
| 1974 | 0.3537 | +4.0% |
| 1975 | 0.3679 | +4.0% |
| 1976 | 0.3826 | +4.0% |
| 1977 | 0.3979 | +4.0% |
| 1978 | 0.4138 | +4.0% |
| 1979 | 0.4303 | +4.0% |
| 1980 | 0.4476 | +4.0% |
| 1981 | 0.4655 | +4.0% |
| 1982 | 0.4841 | +4.0% |
| 1983 | 0.5034 | +4.0% |
| 1984 | 0.5236 | +4.0% |
| 1985 | 0.5445 | +4.0% |
| 1986 | 0.5663 | +4.0% |
| 1987 | 0.589 | +4.0% |
| 1988 | 0.6125 | +4.0% |
| 1989 | 0.637 | +4.0% |
| 1990 | 0.663 | +4.1% |
| 1991 | 0.5908 | -10.9% |
| 1992 | 0.4517 | -23.5% |
| 1993 | 0.2878 | -36.3% |
| 1994 | 0.2903 | +0.9% |
| 1995 | 0.332 | +14.4% |
| 1996 | 0.431 | +29.8% |
| 1997 | 0.4428 | +2.7% |
| 1998 | 0.473 | +6.8% |
| 1999 | 0.4633 | -2.0% |
| 2000 | 0.4253 | -8.2% |
| 2001 | 0.5477 | +28.8% |
| 2002 | 0.7019 | +28.2% |
| 2003 | 0.4943 | -29.6% |
| 2004 | 0.575 | +16.3% |
| 2005 | 0.6059 | +5.4% |
| 2006 | 0.8573 | +41.5% |
| 2007 | 1.51 | +76.3% |
| 2008 | 1.88 | +24.3% |
| 2009 | 1.24 | -33.8% |
| 2010 | 1.1 | -11.3% |
| 2011 | 1.07 | -3.2% |
| 2012 | 1.03 | -3.2% |
| 2013 | 1.18 | +14.1% |
| 2014 | 1.02 | -13.7% |
| 2015 | 1.14 | +12.0% |
| 2016 | 1.61 | +41.0% |
| 2017 | 1.71 | +6.5% |
| 2018 | 1.93 | +12.7% |
| 2019 | 2.04 | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2452 | 0.2043 | 0.2907 | 10 |
| 1970s | 0.363 | 0.3024 | 0.4303 | 10 |
| 1980s | 0.5373 | 0.4476 | 0.637 | 10 |
| 1990s | 0.4426 | 0.2878 | 0.663 | 10 |
| 2000s | 0.884 | 0.4253 | 1.88 | 10 |
| 2010s | 1.38 | 1.02 | 2.04 | 10 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.56 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.78 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,557 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.94 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.6903 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,228 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.9183 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4799 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Montenegro?
- Gross fixed capital formation, private sector, constant prices in Montenegro was 2.04 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Montenegro?
- The highest recorded value was 2.04 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Montenegro?
- The lowest recorded value was 0.2043 in 1960.
- How does Montenegro rank for gross fixed capital formation, private sector, constant prices?
- Montenegro ranks 141st out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Montenegro?
- Over the last ten years it is up 64.0%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.