Montenegro’s fixed asset investments rise by 12% to €919 million in 2023

Preliminary data from Monstat reveals that Montenegro’s investments in fixed assets reached €919 million last year, reflecting a 12% increase from 2022.

The data indicates that investments in new fixed assets dominated, constituting 89.9% of the total.

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“Investments in used fixed assets accounted for 3.6% of the total, while investments in intellectual property made up 6.5%,” the report states.

Construction work represented 44.3% of the total investments, equipment accounted for 47.9%, and other categories comprised 7.8%.