Gross Capital Formation (USD) rose 23.192393771196% to USD 1,406 bil in Montenegro in 2017

Gross Capital Formation (USD) (USD bil)
Economy | Montenegro | May 17, 2019
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Gross capital formation reached 1,406 USD bil in 2017 in Montenegro, according to the National Statistical Office. This is 23.2 % more than in the previous year.

Historically, gross capital formation in Montenegro reached an all time high of 1,872 USD bil in 2008 and an all time low of 229 USD bil in 2000. When compared to Montenegro's main peers, gross capital formation in Albania amounted to 3,245 USD bil, 3,804 USD bil in Bosnia and Herzegovina, 11,555 USD bil in Croatia and 8,700 USD bil in Serbia in 2017.

Montenegro has been ranked 142nd within the group of 158 countries we follow in terms of gross capital formation.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.

Gross Capital Formation (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania USD bil 4,049 3,490 3,584 3,396 2,940
Bosnia and Herzegovina USD bil 3,494 3,311 3,302 3,547 3,024
Croatia USD bil 12,900 10,844 11,293 10,824 9,901
Greece USD bil 43,471 31,454 27,827 28,233 20,086
Hungary USD bil 28,799 24,874 28,432 32,622 27,776
Italy USD bil 465,781 370,240 361,228 366,505 317,031
Kosovo USD bil 2,269 1,882 1,953 1,904 1,776
Macedonia USD bil 2,824 2,819 3,116 3,442 3,067
Montenegro USD bil 877 842 875 927 814
Romania USD bil 51,570 46,138 48,854 49,276 44,702
Serbia USD bil 9,341 8,560 8,034 7,734 7,005
Slovenia USD bil 11,140 8,671 9,375 9,774 8,343