Gross capital formation (current LCU), per unit of GDP in Albania
Albania: Gross capital formation (current LCU), per unit of GDP was 23.24 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross capital formation (current LCU), per unit of GDP in Albania, 1980–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross capital formation (current lcu), per unit of gdp in Albania stood at 23.24 current LCU per US$ of GDP.
That represents a change of down 1.5% on the previous year and down 22.2% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Albania peaked at 54.92 current LCU per US$ of GDP in 2001 and was at its lowest, 1.09 current LCU per US$ of GDP, in 1991.
Albania ranks 60th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per unit of GDP in Albania, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 3.4 current LCU per US$ of GDP | — |
| 1981 | 3.12 current LCU per US$ of GDP | -8.2% |
| 1982 | 3.37 current LCU per US$ of GDP | +8.0% |
| 1983 | 3.21 current LCU per US$ of GDP | -4.9% |
| 1984 | 2.83 current LCU per US$ of GDP | -11.9% |
| 1985 | 2.91 current LCU per US$ of GDP | +3.1% |
| 1986 | 2.56 current LCU per US$ of GDP | -12.0% |
| 1987 | 2.36 current LCU per US$ of GDP | -8.1% |
| 1988 | 2.4 current LCU per US$ of GDP | +1.7% |
| 1989 | 2.63 current LCU per US$ of GDP | +9.7% |
| 1990 | 2.43 current LCU per US$ of GDP | -7.7% |
| 1991 | 1.09 current LCU per US$ of GDP | -54.9% |
| 1992 | 4.24 current LCU per US$ of GDP | +287.7% |
| 1993 | 13.96 current LCU per US$ of GDP | +228.9% |
| 1994 | 17.88 current LCU per US$ of GDP | +28.1% |
| 1995 | 15.23 current LCU per US$ of GDP | -14.8% |
| 1996 | 22.1 current LCU per US$ of GDP | +45.1% |
| 1997 | 28.99 current LCU per US$ of GDP | +31.2% |
| 1998 | 34.45 current LCU per US$ of GDP | +18.8% |
| 1999 | 33.52 current LCU per US$ of GDP | -2.7% |
| 2000 | 49.02 current LCU per US$ of GDP | +46.2% |
| 2001 | 54.92 current LCU per US$ of GDP | +12.0% |
| 2002 | 54.16 current LCU per US$ of GDP | -1.4% |
| 2003 | 44.35 current LCU per US$ of GDP | -18.1% |
| 2004 | 37.3 current LCU per US$ of GDP | -15.9% |
| 2005 | 38.33 current LCU per US$ of GDP | +2.8% |
| 2006 | 36.63 current LCU per US$ of GDP | -4.4% |
| 2007 | 32.25 current LCU per US$ of GDP | -11.9% |
| 2008 | 27.94 current LCU per US$ of GDP | -13.4% |
| 2009 | 30.81 current LCU per US$ of GDP | +10.3% |
| 2010 | 33.77 current LCU per US$ of GDP | +9.6% |
| 2011 | 34.14 current LCU per US$ of GDP | +1.1% |
| 2012 | 32.15 current LCU per US$ of GDP | -5.8% |
| 2013 | 30.7 current LCU per US$ of GDP | -4.5% |
| 2014 | 29.86 current LCU per US$ of GDP | -2.8% |
| 2015 | 35.03 current LCU per US$ of GDP | +17.3% |
| 2016 | 33.29 current LCU per US$ of GDP | -5.0% |
| 2017 | 32.94 current LCU per US$ of GDP | -1.0% |
| 2018 | 29.29 current LCU per US$ of GDP | -11.1% |
| 2019 | 27.78 current LCU per US$ of GDP | -5.2% |
| 2020 | 28.49 current LCU per US$ of GDP | +2.5% |
| 2021 | 29.68 current LCU per US$ of GDP | +4.2% |
| 2022 | 30.3 current LCU per US$ of GDP | +2.1% |
| 2023 | 23.59 current LCU per US$ of GDP | -22.1% |
| 2024 | 23.24 current LCU per US$ of GDP | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.88 current LCU per US$ of GDP | 2.36 current LCU per US$ of GDP | 3.4 current LCU per US$ of GDP | 10 |
| 1990s | 17.39 current LCU per US$ of GDP | 1.09 current LCU per US$ of GDP | 34.45 current LCU per US$ of GDP | 10 |
| 2000s | 40.57 current LCU per US$ of GDP | 27.94 current LCU per US$ of GDP | 54.92 current LCU per US$ of GDP | 10 |
| 2010s | 31.9 current LCU per US$ of GDP | 27.78 current LCU per US$ of GDP | 35.03 current LCU per US$ of GDP | 10 |
| 2020s | 27.06 current LCU per US$ of GDP | 23.24 current LCU per US$ of GDP | 30.3 current LCU per US$ of GDP | 5 |
Countries ranked near Albania
- 57 Serbia 24.31 current LCU per US$ of GDP compare
- 58 French Polynesia 24.16 current LCU per US$ of GDP compare
- 59 Ethiopia 24.03 current LCU per US$ of GDP compare
- 61 Kenya 21.92 current LCU per US$ of GDP compare
- 62 Russian Federation 21.66 current LCU per US$ of GDP compare
- 63 Mauritania 17.64 current LCU per US$ of GDP 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 (current US$), annual growth rate 22.52 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2495 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 2,838 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 13.37 % change on previous year (2024)
- Gross capital formation (current LCU), per capita 264,283 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 14.22 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), 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)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Albania?
- Gross capital formation (current lcu), per unit of gdp in Albania was 23.24 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Albania?
- The highest recorded value was 54.92 current LCU per US$ of GDP in 2001.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Albania?
- The lowest recorded value was 1.09 current LCU per US$ of GDP in 1991.
- How does Albania rank for gross capital formation (current lcu), per unit of gdp?
- Albania ranks 60th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Albania?
- Over the last ten years it is down 22.2%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.