Gross capital formation in Albania
Albania: Gross capital formation was 4.51 billion constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Albania, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Albania recorded 4.51 billion constant 2015 US$ for gross capital formation in 2024. That is the highest value across all 30 years on record.
That represents a change of up 14.2% on the previous year and up 44.2% over ten years.
Over the whole period, gross capital formation in Albania peaked at 4.51 billion constant 2015 US$ in 2024 and was at its lowest, 540.36 million constant 2015 US$, in 1995.
That places Albania 113th out of 163 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Gross capital formation in Albania, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 540.36 million constant 2015 US$ | — |
| 1996 | 577.76 million constant 2015 US$ | +6.9% |
| 1997 | 715.62 million constant 2015 US$ | +23.9% |
| 1998 | 1.24 billion constant 2015 US$ | +73.1% |
| 1999 | 1.62 billion constant 2015 US$ | +31.2% |
| 2000 | 2.39 billion constant 2015 US$ | +47.1% |
| 2001 | 2.91 billion constant 2015 US$ | +21.9% |
| 2002 | 3.06 billion constant 2015 US$ | +5.0% |
| 2003 | 2.88 billion constant 2015 US$ | -6.0% |
| 2004 | 2.96 billion constant 2015 US$ | +2.9% |
| 2005 | 3.11 billion constant 2015 US$ | +5.1% |
| 2006 | 3.23 billion constant 2015 US$ | +3.7% |
| 2007 | 3.33 billion constant 2015 US$ | +3.4% |
| 2008 | 3.43 billion constant 2015 US$ | +2.9% |
| 2009 | 3.52 billion constant 2015 US$ | +2.6% |
| 2010 | 3.22 billion constant 2015 US$ | -8.5% |
| 2011 | 3.38 billion constant 2015 US$ | +4.9% |
| 2012 | 3.08 billion constant 2015 US$ | -8.8% |
| 2013 | 3.09 billion constant 2015 US$ | +0.4% |
| 2014 | 3.13 billion constant 2015 US$ | +1.1% |
| 2015 | 3.19 billion constant 2015 US$ | +2.0% |
| 2016 | 3.25 billion constant 2015 US$ | +1.9% |
| 2017 | 3.52 billion constant 2015 US$ | +8.2% |
| 2018 | 3.58 billion constant 2015 US$ | +1.8% |
| 2019 | 3.44 billion constant 2015 US$ | -3.9% |
| 2020 | 3.46 billion constant 2015 US$ | +0.6% |
| 2021 | 4.19 billion constant 2015 US$ | +21.0% |
| 2022 | 4.19 billion constant 2015 US$ | +0.2% |
| 2023 | 3.95 billion constant 2015 US$ | -5.9% |
| 2024 | 4.51 billion constant 2015 US$ | +14.2% |
Albania compared with similar countries
- Albania's 4.51 billion constant 2015 US$ is below the median for upper middle income countries, which is 14.20 billion constant 2015 US$, 32% of the median. (45 countries reporting)
- Albania's 4.51 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 21.86 billion constant 2015 US$, 21% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +73.1% | 715.62 million constant 2015 US$ | 1.24 billion constant 2015 US$ |
| 2000 | +47.1% | 1.62 billion constant 2015 US$ | 2.39 billion constant 2015 US$ |
| 1999 | +31.2% | 1.24 billion constant 2015 US$ | 1.62 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 939.43 million constant 2015 US$ | 540.36 million constant 2015 US$ | 1.62 billion constant 2015 US$ | 5 |
| 2000s | 3.08 billion constant 2015 US$ | 2.39 billion constant 2015 US$ | 3.52 billion constant 2015 US$ | 10 |
| 2010s | 3.29 billion constant 2015 US$ | 3.08 billion constant 2015 US$ | 3.58 billion constant 2015 US$ | 10 |
| 2020s | 4.06 billion constant 2015 US$ | 3.46 billion constant 2015 US$ | 4.51 billion constant 2015 US$ | 5 |
Countries ranked near Albania
- 110 Laos 4.87 billion constant 2015 US$ compare
- 111 Mozambique 4.84 billion constant 2015 US$ compare
- 112 Rwanda 4.70 billion constant 2015 US$ compare
- 114 Niger 4.33 billion constant 2015 US$ compare
- 115 Tajikistan 4.28 billion constant 2015 US$ compare
- 116 Zimbabwe 4.02 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 341.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 145.41 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0606 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 788.1 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Albania?
- Gross capital formation in Albania was 4.51 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Albania?
- The highest recorded value was 4.51 billion constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Albania?
- The lowest recorded value was 540.36 million constant 2015 US$ in 1995.
- How does Albania rank for gross capital formation?
- Albania ranks 113th out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Albania?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.