Gross Fixed Capital Formation — Value US$, per square kilometre in Montenegro
Montenegro: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.1099 million USD per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value US$, per square kilometre in Montenegro, 2006–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Montenegro stood at 0.1099 million USD per square kilometre.
The figure is up 10.1% on the previous year and up 64.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Montenegro peaked at 0.1331 million USD per square kilometre in 2008 and was at its lowest, 0.0462 million USD per square kilometre, in 2006.
That places Montenegro 101st out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Gross Fixed Capital Formation — Value US$, per square kilometre in Montenegro, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 2006 | 0.0462 million USD per square kilometre | — |
| 2007 | 0.0901 million USD per square kilometre | +94.9% |
| 2008 | 0.1331 million USD per square kilometre | +47.7% |
| 2009 | 0.0849 million USD per square kilometre | -36.2% |
| 2010 | 0.0667 million USD per square kilometre | -21.5% |
| 2011 | 0.0659 million USD per square kilometre | -1.1% |
| 2012 | 0.06 million USD per square kilometre | -9.0% |
| 2013 | 0.067 million USD per square kilometre | +11.6% |
| 2014 | 0.0649 million USD per square kilometre | -3.1% |
| 2015 | 0.0607 million USD per square kilometre | -6.4% |
| 2016 | 0.0805 million USD per square kilometre | +32.6% |
| 2017 | 0.0972 million USD per square kilometre | +20.7% |
| 2018 | 0.1198 million USD per square kilometre | +23.2% |
| 2019 | 0.1125 million USD per square kilometre | -6.0% |
| 2020 | 0.099 million USD per square kilometre | -12.0% |
| 2021 | 0.0964 million USD per square kilometre | -2.7% |
| 2022 | 0.0998 million USD per square kilometre | +3.5% |
| 2023 | 0.1099 million USD per square kilometre | +10.1% |
Montenegro compared with similar countries
- Montenegro's 0.1099 million USD per square kilometre is below the median for upper middle income countries, which is 0.126 million USD per square kilometre, 87% of the median. (54 countries reporting)
- Montenegro's 0.1099 million USD per square kilometre is below the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 34% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0886 million USD per square kilometre | 0.0462 million USD per square kilometre | 0.1331 million USD per square kilometre | 4 |
| 2010s | 0.0795 million USD per square kilometre | 0.06 million USD per square kilometre | 0.1198 million USD per square kilometre | 10 |
| 2020s | 0.1013 million USD per square kilometre | 0.0964 million USD per square kilometre | 0.1099 million USD per square kilometre | 4 |
Countries ranked near Montenegro
- 98 Azerbaijan 0.13 million USD per square kilometre compare
- 99 Bosnia and Herzegovina 0.122 million USD per square kilometre compare
- 100 Samoa 0.1176 million USD per square kilometre compare
- 102 Chile 0.1077 million USD per square kilometre compare
- 103 Moldova 0.1048 million USD per square kilometre compare
- 104 Haiti 0.0997 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$), annual growth rate 26.12 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Montenegro?
- Gross fixed capital formation — value us$, per square kilometre in Montenegro was 0.1099 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Montenegro?
- The highest recorded value was 0.1331 million USD per square kilometre in 2008.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Montenegro?
- The lowest recorded value was 0.0462 million USD per square kilometre in 2006.
- How does Montenegro rank for gross fixed capital formation — value us$, per square kilometre?
- Montenegro ranks 101st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Montenegro?
- Over the last ten years it is up 64.1%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.