Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Montenegro
Montenegro: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 1,366 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Montenegro, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Montenegro is 1,366 million USD, measured in 2024.
The figure is up 9.3% on the previous year and up 87.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Montenegro peaked at 1,539 million USD in 2018 and was at its lowest, 174.81 million USD, in 1993.
Montenegro ranks 178th of 235 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Montenegro, year by year
| Year | million USD | Change |
|---|---|---|
| 1990 | 402.69 million USD | — |
| 1991 | 358.85 million USD | -10.9% |
| 1992 | 274.35 million USD | -23.5% |
| 1993 | 174.81 million USD | -36.3% |
| 1994 | 176.33 million USD | +0.9% |
| 1995 | 201.65 million USD | +14.4% |
| 1996 | 261.8 million USD | +29.8% |
| 1997 | 268.98 million USD | +2.7% |
| 1998 | 287.3 million USD | +6.8% |
| 1999 | 281.42 million USD | -2.0% |
| 2000 | 262.31 million USD | -6.8% |
| 2001 | 323.93 million USD | +23.5% |
| 2002 | 395.75 million USD | +22.2% |
| 2003 | 327.95 million USD | -17.1% |
| 2004 | 350.85 million USD | +7.0% |
| 2005 | 394.73 million USD | +12.5% |
| 2006 | 545.19 million USD | +38.1% |
| 2007 | 980.16 million USD | +79.8% |
| 2008 | 1,290 million USD | +31.6% |
| 2009 | 916.83 million USD | -28.9% |
| 2010 | 746.83 million USD | -18.5% |
| 2011 | 693.26 million USD | -7.2% |
| 2012 | 676.41 million USD | -2.4% |
| 2013 | 748.73 million USD | +10.7% |
| 2014 | 729.73 million USD | -2.5% |
| 2015 | 816.91 million USD | +11.9% |
| 2016 | 1,131 million USD | +38.4% |
| 2017 | 1,342 million USD | +18.7% |
| 2018 | 1,539 million USD | +14.7% |
| 2019 | 1,513 million USD | -1.7% |
| 2020 | 1,332 million USD | -12.0% |
| 2021 | 1,168 million USD | -12.3% |
| 2022 | 1,170 million USD | +0.1% |
| 2023 | 1,250 million USD | +6.9% |
| 2024 | 1,366 million USD | +9.3% |
Montenegro compared with similar countries
- Montenegro's 1,366 million USD is below the median for upper middle income countries, which is 7,886 million USD, 17% of the median. (54 countries reporting)
- Montenegro's 1,366 million USD is below the median for Europe & Central Asia, which is 18,064 million USD, 8% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 268.82 million USD | 174.81 million USD | 402.69 million USD | 10 |
| 2000s | 578.72 million USD | 262.31 million USD | 1,290 million USD | 10 |
| 2010s | 993.68 million USD | 676.41 million USD | 1,539 million USD | 10 |
| 2020s | 1,257 million USD | 1,168 million USD | 1,366 million USD | 5 |
Countries ranked near Montenegro
- 175 Ethiopia PDR 1,547 million USD
- 176 Sierra Leone 1,461 million USD compare
- 177 Bhutan 1,378 million USD compare
- 179 French Polynesia 1,299 million USD compare
- 180 Greenland 1,225 million USD compare
- 181 Cayman Islands 1,195 million USD 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)
- SDRs holdings, US dollar, annual growth rate 4.46 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0103 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 151.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.5233 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0075 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 110.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -21.12 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Montenegro?
- Gross fixed capital formation — value us$, 2015 prices in Montenegro was 1,366 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Montenegro?
- The highest recorded value was 1,539 million USD in 2018.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Montenegro?
- The lowest recorded value was 174.81 million USD in 1993.
- How does Montenegro rank for gross fixed capital formation — value us$, 2015 prices?
- Montenegro ranks 178th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. 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).