Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro
Montenegro: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0838 million SLC per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Montenegro recorded 0.0838 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023.
The figure is up 6.9% on the previous year and up 67.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Montenegro peaked at 0.1031 million SLC per square kilometre in 2018 and was at its lowest, 0.0365 million SLC per square kilometre, in 2006.
That places Montenegro 173rd out of 194 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 — Value Standard Local Currency, 2015 in Montenegro, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 2006 | 0.0365 million SLC per square kilometre | — |
| 2007 | 0.0657 million SLC per square kilometre | +79.8% |
| 2008 | 0.0864 million SLC per square kilometre | +31.6% |
| 2009 | 0.0614 million SLC per square kilometre | -28.9% |
| 2010 | 0.05 million SLC per square kilometre | -18.5% |
| 2011 | 0.0465 million SLC per square kilometre | -7.2% |
| 2012 | 0.0453 million SLC per square kilometre | -2.4% |
| 2013 | 0.0502 million SLC per square kilometre | +10.7% |
| 2014 | 0.0489 million SLC per square kilometre | -2.5% |
| 2015 | 0.0547 million SLC per square kilometre | +11.9% |
| 2016 | 0.0758 million SLC per square kilometre | +38.4% |
| 2017 | 0.09 million SLC per square kilometre | +18.7% |
| 2018 | 0.1031 million SLC per square kilometre | +14.7% |
| 2019 | 0.1014 million SLC per square kilometre | -1.7% |
| 2020 | 0.0893 million SLC per square kilometre | -12.0% |
| 2021 | 0.0783 million SLC per square kilometre | -12.3% |
| 2022 | 0.0784 million SLC per square kilometre | +0.1% |
| 2023 | 0.0838 million SLC per square kilometre | +6.9% |
Montenegro compared with similar countries
- Montenegro's 0.0838 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 9% of the median. (54 countries reporting)
- Montenegro's 0.0838 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 7% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0625 million SLC per square kilometre | 0.0365 million SLC per square kilometre | 0.0864 million SLC per square kilometre | 4 |
| 2010s | 0.0666 million SLC per square kilometre | 0.0453 million SLC per square kilometre | 0.1031 million SLC per square kilometre | 10 |
| 2020s | 0.0824 million SLC per square kilometre | 0.0783 million SLC per square kilometre | 0.0893 million SLC per square kilometre | 4 |
Countries ranked near Montenegro
- 170 Solomon Islands 0.1023 million SLC per square kilometre compare
- 171 Tunisia 0.0952 million SLC per square kilometre compare
- 172 Sierra Leone 0.0845 million SLC per square kilometre compare
- 174 Zambia 0.0835 million SLC per square kilometre compare
- 175 Cuba 0.079 million SLC per square kilometre compare
- 176 Ecuador 0.0778 million SLC 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 — value standard local currency, 2015 in Montenegro?
- Gross fixed capital formation — value standard local currency, 2015 in Montenegro was 0.0838 million SLC per square kilometre in 2023, 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 0.1031 million SLC per square kilometre in 2018.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Montenegro?
- The lowest recorded value was 0.0365 million SLC per square kilometre in 2006.
- How does Montenegro rank for gross fixed capital formation — value standard local currency, 2015?
- Montenegro ranks 173rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Montenegro?
- Over the last ten years it is up 67.0%. 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 — Value Standard Local Currency, 2015 prices, 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 — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.