Montenegro - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Montenegro was $1,328,874,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $1,782,625,000 in 2008 and $166,085,700 in 2000.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 $166,085,700
2001 $203,011,800
2002 $187,851,600
2003 $227,106,200
2004 $355,192,400
2005 $405,831,400
2006 $621,121,500
2007 $1,210,164,000
2008 $1,782,625,000
2009 $1,137,519,000
2010 $896,647,200
2011 $886,678,700
2012 $807,339,100
2013 $900,292,100
2014 $871,862,800
2015 $816,543,200
2016 $1,082,384,000
2017 $1,304,263,000
2018 $1,609,927,000
2019 $1,513,449,000
2020 $1,328,874,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Montenegro was 1,166,087,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 1,363,930,000 in 2018 and a minimum value of 179,821,000 in 2000.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 179,821,000
2001 226,683,000
2002 198,916,000
2003 200,830,000
2004 286,072,000
2005 326,329,000
2006 495,096,000
2007 884,146,000
2008 1,216,998,000
2009 818,786,000
2010 676,341,000
2011 636,990,000
2012 628,352,000
2013 678,100,000
2014 657,123,000
2015 736,277,000
2016 978,475,000
2017 1,157,403,000
2018 1,363,930,000
2019 1,351,813,000
2020 1,166,087,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Montenegro was 1,331,407,000 as of 2020. Over the past 14 years, the value for this indicator has fluctuated between 1,538,399,000 in 2018 and 544,948,900 in 2006.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2006 544,948,900
2007 979,723,800
2008 1,288,948,000
2009 916,415,100
2010 746,496,300
2011 692,946,700
2012 676,103,800
2013 748,395,700
2014 729,398,400
2015 816,543,200
2016 1,130,161,000
2017 1,341,754,000
2018 1,538,399,000
2019 1,512,109,000
2020 1,331,407,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Montenegro was -11.95 as of 2020. As the graph below shows, over the past 13 years this indicator reached a maximum value of 79.78 in 2007 and a minimum value of -28.90 in 2009.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 79.78
2008 31.56
2009 -28.90
2010 -18.54
2011 -7.17
2012 -2.43
2013 10.69
2014 -2.54
2015 11.95
2016 38.41
2017 18.72
2018 14.66
2019 -1.71
2020 -11.95

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Montenegro was 1,206,282,000 as of 2020. As the graph below shows, over the past 14 years this indicator reached a maximum value of 1,393,821,000 in 2018 and a minimum value of 493,735,000 in 2006.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2006 493,735,000
2007 887,650,000
2008 1,167,814,000
2009 830,291,000
2010 676,341,000
2011 627,824,000
2012 612,564,000
2013 678,062,000
2014 660,850,000
2015 739,805,000
2016 1,023,949,000
2017 1,215,657,000
2018 1,393,821,000
2019 1,370,002,000
2020 1,206,282,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Montenegro was 27.86 as of 2020. Its highest value over the past 20 years was 39.22 in 2008, while its lowest value was 13.30 in 2003.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 16.87
2001 17.50
2002 14.62
2003 13.30
2004 17.13
2005 17.98
2006 22.82
2007 32.88
2008 39.22
2009 27.35
2010 21.64
2011 19.51
2012 19.75
2013 20.17
2014 19.00
2015 20.15
2016 24.75
2017 26.92
2018 29.25
2019 27.31
2020 27.86

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts