Montenegro ME: GDP: Gross Fixed Capital Formation

Montenegro ME: GDP: Gross Fixed Capital Formation data was reported at 1,066.970 EUR mn in 2017. This records an increase from the previous number of 916.725 EUR mn for 2016. Montenegro ME: GDP: Gross Fixed Capital Formation data is updated yearly, averaging 647.057 EUR mn from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 1,216.998 EUR mn in 2008 and a record low of 179.821 EUR mn in 2000. Montenegro ME: GDP: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank: Gross Domestic Product: Nominal. 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.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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