Gross Fixed Capital Formation — Value Standard Local Currency in Montenegro
Montenegro: Gross Fixed Capital Formation — Value Standard Local Currency was 1,510 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Montenegro, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Montenegro is 1,510 million SLC, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 10.4% on the previous year and up 129.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Montenegro peaked at 1,510 million SLC in 2024 and was at its lowest, 116.83 million SLC, in 1996.
Montenegro ranks 177th of 202 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 in Montenegro, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 309.33 million SLC | — |
| 1991 | 259.52 million SLC | -16.1% |
| 1992 | 206.36 million SLC | -20.5% |
| 1993 | 120.81 million SLC | -41.5% |
| 1994 | 122.35 million SLC | +1.3% |
| 1995 | 155.65 million SLC | +27.2% |
| 1996 | 116.83 million SLC | -24.9% |
| 1997 | 130.83 million SLC | +12.0% |
| 1998 | 136.34 million SLC | +4.2% |
| 1999 | 133.87 million SLC | -1.8% |
| 2000 | 189.5 million SLC | +41.6% |
| 2001 | 238.88 million SLC | +26.1% |
| 2002 | 209.62 million SLC | -12.2% |
| 2003 | 211.64 million SLC | +1.0% |
| 2004 | 301.47 million SLC | +42.4% |
| 2005 | 343.89 million SLC | +14.1% |
| 2006 | 495.1 million SLC | +44.0% |
| 2007 | 884.15 million SLC | +78.6% |
| 2008 | 1,217 million SLC | +37.6% |
| 2009 | 818.79 million SLC | -32.7% |
| 2010 | 676.34 million SLC | -17.4% |
| 2011 | 636.99 million SLC | -5.8% |
| 2012 | 628.35 million SLC | -1.4% |
| 2013 | 678.1 million SLC | +7.9% |
| 2014 | 657.12 million SLC | -3.1% |
| 2015 | 736.28 million SLC | +12.0% |
| 2016 | 978.48 million SLC | +32.9% |
| 2017 | 1,157 million SLC | +18.3% |
| 2018 | 1,364 million SLC | +17.8% |
| 2019 | 1,352 million SLC | -0.9% |
| 2020 | 1,166 million SLC | -13.7% |
| 2021 | 1,096 million SLC | -6.0% |
| 2022 | 1,274 million SLC | +16.3% |
| 2023 | 1,367 million SLC | +7.2% |
| 2024 | 1,510 million SLC | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 169.19 million SLC | 116.83 million SLC | 309.33 million SLC | 10 |
| 2000s | 491 million SLC | 189.5 million SLC | 1,217 million SLC | 10 |
| 2010s | 886.48 million SLC | 628.35 million SLC | 1,364 million SLC | 10 |
| 2020s | 1,283 million SLC | 1,096 million SLC | 1,510 million SLC | 5 |
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)
- Net primary income (Net income from abroad) (current LCU), annual 394.66 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 19.41 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.22 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,260 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 14.38 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1947 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2,885 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.858 (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Montenegro?
- Gross fixed capital formation — value standard local currency in Montenegro was 1,510 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 recorded in Montenegro?
- The highest recorded value was 1,510 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Montenegro?
- The lowest recorded value was 116.83 million SLC in 1996.
- How does Montenegro rank for gross fixed capital formation — value standard local currency?
- Montenegro ranks 177th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Montenegro?
- Over the last ten years it is up 129.7%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).