Gross capital formation (current US$), annual growth rate (current US) in Albania
Albania: Gross capital formation (current US$), annual growth rate (current US) 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 (current US) 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% |
Albania compared with similar countries
- Albania's 22.52 % change on previous year is above the median for upper middle income countries, which is 11.21 % change on previous year, 2.0× the median. (51 countries reporting)
- Albania's 22.52 % change on previous year is above the median for Europe & Central Asia, which is 12.7 % change on previous year, 1.8× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), annual growth rate (current US) 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 |
|---|---|---|---|
| 1989 | +7648.7% | 0.2651 % change on previous year | 20.55 % change on previous year |
| 2021 | +2006.5% | 1.39 % change on previous year | 29.38 % change on previous year |
| 2017 | +1737.1% | 0.7658 % change on previous year | 14.07 % change on previous year |
| 2015 | -1355.0% | 1.21 % change on previous year | -15.23 % change on previous year |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2025)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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.