Gross capital formation (constant 2015 US$), annual growth rate in Albania
Albania: Gross capital formation (constant 2015 US$), annual growth rate was 14.22 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Albania, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), annual growth rate in Albania is 14.22 % change on previous year, measured in 2024.
The figure is up 342.5% on the previous year and up 1,222.4% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Albania peaked at 73.07 % change on previous year in 1998 and was at its lowest, -8.78 % change on previous year, in 2012.
That places Albania 25th out of 163 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate in Albania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 6.92 % change on previous year | — |
| 1997 | 23.86 % change on previous year | +244.7% |
| 1998 | 73.07 % change on previous year | +206.3% |
| 1999 | 31.19 % change on previous year | -57.3% |
| 2000 | 47.07 % change on previous year | +50.9% |
| 2001 | 21.88 % change on previous year | -53.5% |
| 2002 | 5.03 % change on previous year | -77.0% |
| 2003 | -5.98 % change on previous year | -219.0% |
| 2004 | 2.86 % change on previous year | -147.8% |
| 2005 | 5.1 % change on previous year | +78.4% |
| 2006 | 3.74 % change on previous year | -26.7% |
| 2007 | 3.39 % change on previous year | -9.4% |
| 2008 | 2.9 % change on previous year | -14.4% |
| 2009 | 2.59 % change on previous year | -10.8% |
| 2010 | -8.53 % change on previous year | -429.3% |
| 2011 | 4.94 % change on previous year | -157.9% |
| 2012 | -8.78 % change on previous year | -277.6% |
| 2013 | 0.3504 % change on previous year | -104.0% |
| 2014 | 1.08 % change on previous year | +206.9% |
| 2015 | 2.03 % change on previous year | +89.2% |
| 2016 | 1.89 % change on previous year | -7.0% |
| 2017 | 8.17 % change on previous year | +331.5% |
| 2018 | 1.82 % change on previous year | -77.7% |
| 2019 | -3.93 % change on previous year | -315.8% |
| 2020 | 0.5568 % change on previous year | -114.2% |
| 2021 | 21.03 % change on previous year | +3676.8% |
| 2022 | 0.1519 % change on previous year | -99.3% |
| 2023 | -5.86 % change on previous year | -3959.6% |
| 2024 | 14.22 % change on previous year | -342.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.76 % change on previous year | 6.92 % change on previous year | 73.07 % change on previous year | 4 |
| 2000s | 8.86 % change on previous year | -5.98 % change on previous year | 47.07 % change on previous year | 10 |
| 2010s | -0.0959 % change on previous year | -8.78 % change on previous year | 8.17 % change on previous year | 10 |
| 2020s | 6.02 % change on previous year | -5.86 % change on previous year | 21.03 % change on previous year | 5 |
Countries ranked near Albania
- 22 Ukraine 15.48 % change on previous year compare
- 23 Morocco 14.9 % change on previous year compare
- 24 Burkina Faso 14.81 % change on previous year compare
- 26 Botswana 14.01 % change on previous year compare
- 27 Marshall Islands 13.84 % change on previous year compare
- 28 Peru 13.54 % change on previous year compare
More economy & growth data for Albania
- 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)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1667 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,896 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 11.25 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4252 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 5,527 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.7 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 36.91 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 479,733 current LCU per person (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in Albania?
- Gross capital formation (constant 2015 us$), annual growth rate in Albania was 14.22 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Albania?
- The highest recorded value was 73.07 % change on previous year in 1998.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Albania?
- The lowest recorded value was -8.78 % change on previous year in 2012.
- How does Albania rank for gross capital formation (constant 2015 us$), annual growth rate?
- Albania ranks 25th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.