Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Montenegro
Montenegro: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0929 million USD per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Montenegro is 0.0929 million USD per square kilometre, measured 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 us$, 2015 prices, per square in Montenegro peaked at 0.1144 million USD per square kilometre in 2018 and was at its lowest, 0.0405 million USD per square kilometre, in 2006.
Montenegro ranks 100th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Montenegro, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 2006 | 0.0405 million USD per square kilometre | — |
| 2007 | 0.0729 million USD per square kilometre | +79.8% |
| 2008 | 0.0959 million USD per square kilometre | +31.6% |
| 2009 | 0.0682 million USD per square kilometre | -28.9% |
| 2010 | 0.0555 million USD per square kilometre | -18.5% |
| 2011 | 0.0515 million USD per square kilometre | -7.2% |
| 2012 | 0.0503 million USD per square kilometre | -2.4% |
| 2013 | 0.0557 million USD per square kilometre | +10.7% |
| 2014 | 0.0543 million USD per square kilometre | -2.5% |
| 2015 | 0.0607 million USD per square kilometre | +11.9% |
| 2016 | 0.0841 million USD per square kilometre | +38.4% |
| 2017 | 0.0998 million USD per square kilometre | +18.7% |
| 2018 | 0.1144 million USD per square kilometre | +14.7% |
| 2019 | 0.1125 million USD per square kilometre | -1.7% |
| 2020 | 0.099 million USD per square kilometre | -12.0% |
| 2021 | 0.0868 million USD per square kilometre | -12.3% |
| 2022 | 0.087 million USD per square kilometre | +0.1% |
| 2023 | 0.0929 million USD per square kilometre | +6.9% |
Montenegro compared with similar countries
- Montenegro's 0.0929 million USD per square kilometre is below the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 97% of the median. (54 countries reporting)
- Montenegro's 0.0929 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 34% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0694 million USD per square kilometre | 0.0405 million USD per square kilometre | 0.0959 million USD per square kilometre | 4 |
| 2010s | 0.0739 million USD per square kilometre | 0.0503 million USD per square kilometre | 0.1144 million USD per square kilometre | 10 |
| 2020s | 0.0914 million USD per square kilometre | 0.0868 million USD per square kilometre | 0.099 million USD per square kilometre | 4 |
Countries ranked near Montenegro
- 97 Sao Tome and Principe 0.1059 million USD per square kilometre compare
- 98 Bosnia and Herzegovina 0.0985 million USD per square kilometre compare
- 99 Samoa 0.094 million USD per square kilometre compare
- 101 Chile 0.0928 million USD per square kilometre compare
- 102 Kiribati 0.0884 million USD per square kilometre compare
- 103 Nigeria 0.0852 million USD 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Montenegro?
- Gross fixed capital formation — value us$, 2015 prices, per square in Montenegro was 0.0929 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Montenegro?
- The highest recorded value was 0.1144 million USD per square kilometre in 2018.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Montenegro?
- The lowest recorded value was 0.0405 million USD per square kilometre in 2006.
- How does Montenegro rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Montenegro ranks 100th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Montenegro?
- Over the last ten years it is up 67.0%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.