Gross Fixed Capital Formation — Value Standard Local Currency, per in Montenegro
Montenegro: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.1016 million SLC per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, per in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Montenegro is 0.1016 million SLC per square kilometre, measured in 2023. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 101.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Montenegro peaked at 0.1016 million SLC per square kilometre in 2023 and was at its lowest, 0.0368 million SLC per square kilometre, in 2006.
That places Montenegro 179th 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, per in Montenegro, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 2006 | 0.0368 million SLC per square kilometre | — |
| 2007 | 0.0657 million SLC per square kilometre | +78.6% |
| 2008 | 0.0905 million SLC per square kilometre | +37.6% |
| 2009 | 0.0609 million SLC per square kilometre | -32.7% |
| 2010 | 0.0503 million SLC per square kilometre | -17.4% |
| 2011 | 0.0474 million SLC per square kilometre | -5.8% |
| 2012 | 0.0467 million SLC per square kilometre | -1.4% |
| 2013 | 0.0504 million SLC per square kilometre | +7.9% |
| 2014 | 0.0489 million SLC per square kilometre | -3.1% |
| 2015 | 0.0547 million SLC per square kilometre | +12.0% |
| 2016 | 0.0727 million SLC per square kilometre | +32.9% |
| 2017 | 0.0861 million SLC per square kilometre | +18.3% |
| 2018 | 0.1014 million SLC per square kilometre | +17.8% |
| 2019 | 0.1005 million SLC per square kilometre | -0.9% |
| 2020 | 0.0867 million SLC per square kilometre | -13.7% |
| 2021 | 0.0815 million SLC per square kilometre | -6.0% |
| 2022 | 0.0948 million SLC per square kilometre | +16.3% |
| 2023 | 0.1016 million SLC per square kilometre | +7.2% |
Montenegro compared with similar countries
- Montenegro's 0.1016 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 5% of the median. (54 countries reporting)
- Montenegro's 0.1016 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 5% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0635 million SLC per square kilometre | 0.0368 million SLC per square kilometre | 0.0905 million SLC per square kilometre | 4 |
| 2010s | 0.0659 million SLC per square kilometre | 0.0467 million SLC per square kilometre | 0.1014 million SLC per square kilometre | 10 |
| 2020s | 0.0911 million SLC per square kilometre | 0.0815 million SLC per square kilometre | 0.1016 million SLC per square kilometre | 4 |
Countries ranked near Montenegro
- 176 Botswana 0.1194 million SLC per square kilometre compare
- 177 Fiji 0.1148 million SLC per square kilometre compare
- 178 Solomon Islands 0.1139 million SLC per square kilometre compare
- 180 Ecuador 0.094 million SLC per square kilometre compare
- 181 Mauritania 0.0885 million SLC per square kilometre compare
- 182 Australia 0.0843 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, per in Montenegro?
- Gross fixed capital formation — value standard local currency, per in Montenegro was 0.1016 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Montenegro?
- The highest recorded value was 0.1016 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Montenegro?
- The lowest recorded value was 0.0368 million SLC per square kilometre in 2006.
- How does Montenegro rank for gross fixed capital formation — value standard local currency, per?
- Montenegro ranks 179th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Montenegro?
- Over the last ten years it is up 101.6%. 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, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.