Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro
Montenegro: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 1,232 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Montenegro, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Montenegro recorded 1,232 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
That represents a change of up 9.3% on the previous year and up 87.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Montenegro peaked at 1,387 million SLC in 2018 and was at its lowest, 157.56 million SLC, in 1993.
Montenegro ranks 170th of 194 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 — Value Standard Local Currency, 2015 in Montenegro, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 362.94 million SLC | — |
| 1991 | 323.43 million SLC | -10.9% |
| 1992 | 247.27 million SLC | -23.5% |
| 1993 | 157.56 million SLC | -36.3% |
| 1994 | 158.92 million SLC | +0.9% |
| 1995 | 181.75 million SLC | +14.4% |
| 1996 | 235.96 million SLC | +29.8% |
| 1997 | 242.43 million SLC | +2.7% |
| 1998 | 258.94 million SLC | +6.8% |
| 1999 | 253.64 million SLC | -2.0% |
| 2000 | 236.42 million SLC | -6.8% |
| 2001 | 291.96 million SLC | +23.5% |
| 2002 | 356.69 million SLC | +22.2% |
| 2003 | 295.58 million SLC | -17.1% |
| 2004 | 316.21 million SLC | +7.0% |
| 2005 | 355.77 million SLC | +12.5% |
| 2006 | 491.38 million SLC | +38.1% |
| 2007 | 883.42 million SLC | +79.8% |
| 2008 | 1,162 million SLC | +31.6% |
| 2009 | 826.33 million SLC | -28.9% |
| 2010 | 673.12 million SLC | -18.5% |
| 2011 | 624.83 million SLC | -7.2% |
| 2012 | 609.64 million SLC | -2.4% |
| 2013 | 674.83 million SLC | +10.7% |
| 2014 | 657.7 million SLC | -2.5% |
| 2015 | 736.28 million SLC | +11.9% |
| 2016 | 1,019 million SLC | +38.4% |
| 2017 | 1,210 million SLC | +18.7% |
| 2018 | 1,387 million SLC | +14.7% |
| 2019 | 1,363 million SLC | -1.7% |
| 2020 | 1,201 million SLC | -12.0% |
| 2021 | 1,053 million SLC | -12.3% |
| 2022 | 1,054 million SLC | +0.1% |
| 2023 | 1,127 million SLC | +6.9% |
| 2024 | 1,232 million SLC | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 242.28 million SLC | 157.56 million SLC | 362.94 million SLC | 10 |
| 2000s | 521.6 million SLC | 236.42 million SLC | 1,162 million SLC | 10 |
| 2010s | 895.6 million SLC | 609.64 million SLC | 1,387 million SLC | 10 |
| 2020s | 1,133 million SLC | 1,053 million SLC | 1,232 million SLC | 5 |
Countries ranked near Montenegro
- 167 Liechtenstein 1,746 million SLC compare
- 168 Grenada 1,375 million SLC compare
- 169 Curaçao 1,304 million SLC compare
- 171 Saint Lucia 1,208 million SLC compare
- 172 Belize 1,181 million SLC compare
- 173 Cayman Islands 995.66 million SLC 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 7,111 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.9183 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.4215 constant LCU per US$ of GDP (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 1,232 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Montenegro?
- The highest recorded value was 1,387 million SLC in 2018.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Montenegro?
- The lowest recorded value was 157.56 million SLC in 1993.
- How does Montenegro rank for gross fixed capital formation — value standard local currency, 2015?
- Montenegro ranks 170th out of 194 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 87.2%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).