Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro

Montenegro: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 9.3 % change on previous year in 2024. ◆ Volatile

Latest (2024)
9.3 % change on previous year
Change on year
up 35.0%
World rank
26th
of 222 countries
All-time high
79.78 % change on previous year
in 2007
All-time low
-36.28 % change on previous year
in 1993
Years of data
34
1991–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro, 1991–2024

-2502550751991200720241991: -10.9 % change on previous year1992: -23.5 % change on previous year1993: -36.3 % change on previous year1994: 0.866 % change on previous year1995: 14.4 % change on previous year1996: 29.8 % change on previous year1997: 2.7 % change on previous year1998: 6.8 % change on previous year1999: -2 % change on previous year2000: -6.8 % change on previous year2001: 23.5 % change on previous year2002: 22.2 % change on previous year2003: -17.1 % change on previous year2004: 7 % change on previous year2005: 12.5 % change on previous year2006: 38.1 % change on previous year2007: 79.8 % change on previous year2008: 31.6 % change on previous year2009: -28.9 % change on previous year2010: -18.5 % change on previous year2011: -7.2 % change on previous year2012: -2.4 % change on previous year2013: 10.7 % change on previous year2014: -2.5 % change on previous year2015: 11.9 % change on previous year2016: 38.4 % change on previous year2017: 18.7 % change on previous year2018: 14.7 % change on previous year2019: -1.7 % change on previous year2020: -12 % change on previous year2021: -12.3 % change on previous year2022: 0.122 % change on previous year2023: 6.9 % change on previous year2024: 9.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Montenegro is 9.3 % change on previous year, measured in 2024.

Compared with earlier readings it is up 35.0% on the previous year and up 466.5% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Montenegro peaked at 79.78 % change on previous year in 2007 and was at its lowest, -36.28 % change on previous year, in 1993.

That places Montenegro 26th out of 222 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate in Montenegro, 1991 to 2024.
Year % change on previous year Change
1991 -10.89 % change on previous year
1992 -23.55 % change on previous year +116.3%
1993 -36.28 % change on previous year +54.1%
1994 0.8657 % change on previous year -102.4%
1995 14.36 % change on previous year +1559.0%
1996 29.83 % change on previous year +107.7%
1997 2.74 % change on previous year -90.8%
1998 6.81 % change on previous year +148.3%
1999 -2.05 % change on previous year -130.1%
2000 -6.79 % change on previous year +231.7%
2001 23.49 % change on previous year -445.9%
2002 22.17 % change on previous year -5.6%
2003 -17.13 % change on previous year -177.3%
2004 6.98 % change on previous year -140.7%
2005 12.51 % change on previous year +79.2%
2006 38.12 % change on previous year +204.7%
2007 79.78 % change on previous year +109.3%
2008 31.56 % change on previous year -60.4%
2009 -28.9 % change on previous year -191.6%
2010 -18.54 % change on previous year -35.8%
2011 -7.17 % change on previous year -61.3%
2012 -2.43 % change on previous year -66.1%
2013 10.69 % change on previous year -539.9%
2014 -2.54 % change on previous year -123.7%
2015 11.95 % change on previous year -570.7%
2016 38.41 % change on previous year +221.5%
2017 18.72 % change on previous year -51.3%
2018 14.66 % change on previous year -21.7%
2019 -1.71 % change on previous year -111.7%
2020 -11.95 % change on previous year +599.5%
2021 -12.31 % change on previous year +3.0%
2022 0.1216 % change on previous year -101.0%
2023 6.89 % change on previous year +5566.5%
2024 9.3 % change on previous year +35.0%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2023 +5566.5% 0.1216 % change on previous year 6.89 % change on previous year
1995 +1559.0% 0.8657 % change on previous year 14.36 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -2.02 % change on previous year -36.28 % change on previous year 29.83 % change on previous year 9
2000s 16.18 % change on previous year -28.9 % change on previous year 79.78 % change on previous year 10
2010s 6.2 % change on previous year -18.54 % change on previous year 38.41 % change on previous year 10
2020s -1.59 % change on previous year -12.31 % change on previous year 9.3 % change on previous year 5

Countries ranked near Montenegro

  1. 23 Somalia 9.79 % change on previous year compare
  2. 24 Djibouti 9.39 % change on previous year compare
  3. 25 Guinea-Bissau 9.31 % change on previous year compare
  4. 27 Paraguay 8.33 % change on previous year compare
  5. 28 Mauritius 8.27 % change on previous year compare
  6. 29 Yemen 8.11 % change on previous year compare

See the full ranking of 223 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Montenegro?
Gross fixed capital formation — value standard local currency, 2015 in Montenegro was 9.3 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Montenegro?
The highest recorded value was 79.78 % change on previous year in 2007.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Montenegro?
The lowest recorded value was -36.28 % change on previous year in 1993.
How does Montenegro rank for gross fixed capital formation — value standard local currency, 2015?
Montenegro ranks 26th out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Montenegro?
Over the last ten years it is up 466.5%. The long-run trend across the full record is volatile.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-annual-growth-rate/montenegro/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
223 places, 11,242 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.