Annual growth of the gross capital formation (%) in Albania
Albania: Annual growth of the gross capital formation (%) was 14.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Albania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Albania recorded 14.2% for annual growth of the gross capital formation in 2024.
That represents a change of up 342.5% on the previous year and up 1,222.4% over ten years.
Over the whole period, annual growth of the gross capital formation in Albania peaked at 47.1% in 2000 and was at its lowest, -8.8%, in 2012.
That places Albania 21st out of 175 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Albania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 47.1% | — |
| 2001 | 21.9% | -53.5% |
| 2002 | 5.0% | -77.0% |
| 2003 | -6.0% | -219.0% |
| 2004 | 2.9% | -147.8% |
| 2005 | 5.1% | +78.4% |
| 2006 | 3.7% | -26.7% |
| 2007 | 3.4% | -9.4% |
| 2008 | 2.9% | -14.4% |
| 2009 | 2.6% | -10.8% |
| 2010 | -8.5% | -429.3% |
| 2011 | 4.9% | -157.9% |
| 2012 | -8.8% | -277.6% |
| 2013 | 0.4% | -104.0% |
| 2014 | 1.1% | +206.6% |
| 2015 | 2.0% | +89.2% |
| 2016 | 1.9% | -7.0% |
| 2017 | 8.2% | +331.5% |
| 2018 | 1.8% | -77.7% |
| 2019 | -3.9% | -315.8% |
| 2020 | 0.6% | -114.2% |
| 2021 | 21.0% | +3675.9% |
| 2022 | 0.2% | -99.3% |
| 2023 | -5.9% | -3963.3% |
| 2024 | 14.2% | -342.5% |
Albania compared with similar countries
- Albania's 14.2% is above the median for upper middle income countries, which is 6.3%, 2.2× the median. (45 countries reporting)
- Albania's 14.2% is above the median for Europe & Central Asia, which is 1.6%, 9.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | -3963.3% | 0.2% | -5.9% |
| 2021 | +3675.9% | 0.6% | 21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.9% | -6.0% | 47.1% | 10 |
| 2010s | -0.1% | -8.8% | 8.2% | 10 |
| 2020s | 6.0% | -5.9% | 21.0% | 5 |
Countries ranked near Albania
More economy & growth data for Albania
- Real gdp growth, annual growth rate 0.7721 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 18.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0092 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 119.44 units per person (2025)
- SDRs holdings, SDR, annual growth rate 13.04 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0067 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 87.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -30.02 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Albania?
- Annual growth of the gross capital formation in Albania was 14.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Albania?
- The highest recorded value was 47.1% in 2000.
- What is the lowest annual growth of the gross capital formation recorded in Albania?
- The lowest recorded value was -8.8% in 2012.
- How does Albania rank for annual growth of the gross capital formation?
- Albania ranks 21st out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Albania?
- Over the last ten years it is up 1,222.4%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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