Gross capital formation (current US$), annual growth rate in Albania
Albania: Gross capital formation (current US$), annual growth rate was 22.52 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Albania, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current us$), annual growth rate in Albania is 22.52 % change on previous year, measured in 2024.
The figure is up 180.6% on the previous year and up 1,755.6% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Albania peaked at 339.41 % change on previous year in 1993 and was at its lowest, -86.43 % change on previous year, in 1991.
That places Albania 27th out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate in Albania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 16.44 % change on previous year | — |
| 1982 | 11.12 % change on previous year | -32.3% |
| 1983 | -3.83 % change on previous year | -134.4% |
| 1984 | -13.03 % change on previous year | +240.5% |
| 1985 | 5.26 % change on previous year | -140.4% |
| 1986 | 4.38 % change on previous year | -16.8% |
| 1987 | -8.78 % change on previous year | -300.7% |
| 1988 | 0.2651 % change on previous year | -103.0% |
| 1989 | 20.55 % change on previous year | +7648.7% |
| 1990 | -16.86 % change on previous year | -182.0% |
| 1991 | -86.43 % change on previous year | +412.7% |
| 1992 | -55.87 % change on previous year | -35.4% |
| 1993 | 339.41 % change on previous year | -707.5% |
| 1994 | 119.26 % change on previous year | -64.9% |
| 1995 | 34.26 % change on previous year | -71.3% |
| 1996 | 43.33 % change on previous year | +26.5% |
| 1997 | -33.74 % change on previous year | -177.9% |
| 1998 | 30.76 % change on previous year | -191.2% |
| 1999 | 34.5 % change on previous year | +12.2% |
| 2000 | 53.09 % change on previous year | +53.9% |
| 2001 | 27.17 % change on previous year | -48.8% |
| 2002 | 12.24 % change on previous year | -54.9% |
| 2003 | 22.32 % change on previous year | +82.3% |
| 2004 | 26.31 % change on previous year | +17.8% |
| 2005 | 17.77 % change on previous year | -32.4% |
| 2006 | 7.81 % change on previous year | -56.1% |
| 2007 | 16.06 % change on previous year | +105.6% |
| 2008 | 11.36 % change on previous year | -29.2% |
| 2009 | -9.38 % change on previous year | -182.5% |
| 2010 | -1.86 % change on previous year | -80.2% |
| 2011 | 11.78 % change on previous year | -733.2% |
| 2012 | -17.11 % change on previous year | -245.2% |
| 2013 | 2.18 % change on previous year | -112.7% |
| 2014 | 1.21 % change on previous year | -44.3% |
| 2015 | -15.23 % change on previous year | -1355.0% |
| 2016 | 0.7658 % change on previous year | -105.0% |
| 2017 | 14.07 % change on previous year | +1737.1% |
| 2018 | 13.77 % change on previous year | -2.1% |
| 2019 | -5.53 % change on previous year | -140.2% |
| 2020 | 1.39 % change on previous year | -125.2% |
| 2021 | 29.38 % change on previous year | +2006.5% |
| 2022 | -1.41 % change on previous year | -104.8% |
| 2023 | 8.03 % change on previous year | -667.6% |
| 2024 | 22.52 % change on previous year | +180.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.6 % change on previous year | -13.03 % change on previous year | 20.55 % change on previous year | 9 |
| 1990s | 40.86 % change on previous year | -86.43 % change on previous year | 339.41 % change on previous year | 10 |
| 2000s | 18.48 % change on previous year | -9.38 % change on previous year | 53.09 % change on previous year | 10 |
| 2010s | 0.405 % change on previous year | -17.11 % change on previous year | 14.07 % change on previous year | 10 |
| 2020s | 11.98 % change on previous year | -1.41 % change on previous year | 29.38 % change on previous year | 5 |
Countries ranked near Albania
- 24 Latvia 23.84 % change on previous year compare
- 25 Sri Lanka 22.92 % change on previous year compare
- 26 Bulgaria 22.64 % change on previous year compare
- 28 Bahamas 21.56 % change on previous year compare
- 29 Sierra Leone 21.42 % change on previous year compare
- 30 Jordan 21.37 % 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 (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 unit of GDP 23.24 current LCU per US$ of GDP (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 us$), annual growth rate in Albania?
- Gross capital formation (current us$), annual growth rate in Albania was 22.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Albania?
- The highest recorded value was 339.41 % change on previous year in 1993.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Albania?
- The lowest recorded value was -86.43 % change on previous year in 1991.
- How does Albania rank for gross capital formation (current us$), annual growth rate?
- Albania ranks 27th out of 186 countries with data for 2024.
- Is gross capital formation (current us$), annual growth rate rising or falling in Albania?
- Over the last ten years it is up 1,755.6%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.