Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Montenegro

Gross capital formation (% of GDP) in Montenegro in 2025 — 26.9%. Ranked 35 in the world out of 131. Since 2000, the indicator has risen by 4.5 pp.

2025 26.9% +1.1 pp vs 2024
World rank 35of 131
Period maximum 40.8%2008
Period minimum 15.4%2003

Trend over time

2000–2025 · % of GDP

Gross capital formation (% of GDP) — Montenegro, 2000–202510203040502000200320062009201220152018202120242000: 22.4%2001: 23.4%2002: 18.8%2003: 15.4%2004: 16.6%2005: 17.7%2006: 23.7%2007: 34.5%2008: 40.8%2009: 26.7%2010: 22.3%2011: 19.1%2012: 20.1%2013: 18.8%2014: 19.5%2015: 19.7%2016: 25%2017: 28.6%2018: 31.4%2019: 30.9%2020: 30.1%2021: 25.5%2022: 27.6%2023: 25.4%2024: 25.9%2025: 26.9%
Change over the period: +4.5 pp Annual average: 0.18 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro 26.9%
Southern Europe computed 21.8%
Gross capital formation (% of GDP) — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2025 26.9 +1.1 pp
2024 25.9 +0.4 pp
2023 25.4 −2.1 pp
2022 27.6 +2.1 pp
2021 25.5 −4.6 pp
2020 30.1 −0.8 pp
2019 30.9 −0.4 pp
2018 31.4 +2.7 pp
2017 28.6 +3.7 pp
2016 25 +5.2 pp
2015 19.7 +0.2 pp
2014 19.5 +0.6 pp
2013 18.8 −1.2 pp
2012 20.1 +1 pp
2011 19.1 −3.2 pp
2010 22.3 −4.4 pp
2009 26.7 −14.2 pp
2008 40.8 +6.3 pp
2007 34.5 +10.8 pp
2006 23.7 +5.9 pp
2005 17.7 +1.1 pp
2004 16.6 +1.2 pp
2003 15.4 −3.3 pp
2002 18.8 −4.7 pp
2001 23.4 +1 pp
2000 22.4

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.