Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Montenegro
Montenegro: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 9.3 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Montenegro, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices, annual growth in Montenegro stood at 9.3 % change on previous year.
The figure is up 35.1% on the previous year and up 466.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Montenegro peaked at 79.78 % change on previous year in 2007 and was at its lowest, -36.28 % change on previous year, in 1993.
Montenegro ranks 28th of 235 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Montenegro, year by year
| 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 | 0.8655 % change on previous year | -102.4% |
| 1995 | 14.36 % change on previous year | +1559.3% |
| 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 | +231.8% |
| 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 | +599.4% |
| 2021 | -12.31 % change on previous year | +3.0% |
| 2022 | 0.1224 % change on previous year | -101.0% |
| 2023 | 6.89 % change on previous year | +5526.7% |
| 2024 | 9.3 % change on previous year | +35.1% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Montenegro changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +5526.7% | 0.1224 % change on previous year | 6.89 % change on previous year |
| 1995 | +1559.3% | 0.8655 % change on previous year | 14.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.02 % change on previous year | -36.28 % change on previous year | 29.83 % change on previous year | 9 |
| 2000s | 16.18 % change on previous year | -28.9 % change on previous year | 79.78 % change on previous year | 10 |
| 2010s | 6.2 % change on previous year | -18.54 % change on previous year | 38.41 % change on previous year | 10 |
| 2020s | -1.59 % change on previous year | -12.31 % change on previous year | 9.3 % change on previous year | 5 |
Countries ranked near Montenegro
- 25 Somalia 9.79 % change on previous year compare
- 26 Djibouti 9.39 % change on previous year compare
- 27 Guinea-Bissau 9.31 % change on previous year compare
- 29 Paraguay 8.33 % change on previous year compare
- 30 Mauritius 8.27 % change on previous year compare
- 31 Yemen 8.11 % change on previous year compare
More economy & growth data for Montenegro
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in Montenegro?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Montenegro was 9.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth 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 us$, 2015 prices, annual growth recorded in Montenegro?
- The lowest recorded value was -36.28 % change on previous year in 1993.
- How does Montenegro rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Montenegro ranks 28th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Montenegro?
- Over the last ten years it is up 466.5%. The long-run trend across the full record is volatile.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.