Montenegro - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts