Gross capital formation in Albania
Albania: Gross capital formation was 6.75 billion current US$ in 2024. ◆ Volatile
Gross capital formation in Albania, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross capital formation in Albania stood at 6.75 billion current US$. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 22.5% on the previous year and up 79.3% over ten years.
Over the whole period, gross capital formation in Albania peaked at 6.75 billion current US$ in 2024 and was at its lowest, 36.89 million current US$, in 1992.
Albania ranks 109th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Albania, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 565.05 million current US$ | — |
| 1981 | 657.92 million current US$ | +16.4% |
| 1982 | 731.12 million current US$ | +11.1% |
| 1983 | 703.15 million current US$ | -3.8% |
| 1984 | 611.54 million current US$ | -13.0% |
| 1985 | 643.71 million current US$ | +5.3% |
| 1986 | 671.88 million current US$ | +4.4% |
| 1987 | 612.88 million current US$ | -8.8% |
| 1988 | 614.50 million current US$ | +0.3% |
| 1989 | 740.75 million current US$ | +20.5% |
| 1990 | 615.89 million current US$ | -16.9% |
| 1991 | 83.60 million current US$ | -86.4% |
| 1992 | 36.89 million current US$ | -55.9% |
| 1993 | 162.10 million current US$ | +339.4% |
| 1994 | 355.44 million current US$ | +119.3% |
| 1995 | 477.22 million current US$ | +34.3% |
| 1996 | 684.01 million current US$ | +43.3% |
| 1997 | 453.20 million current US$ | -33.7% |
| 1998 | 592.61 million current US$ | +30.8% |
| 1999 | 797.06 million current US$ | +34.5% |
| 2000 | 1.22 billion current US$ | +53.1% |
| 2001 | 1.55 billion current US$ | +27.2% |
| 2002 | 1.74 billion current US$ | +12.2% |
| 2003 | 2.13 billion current US$ | +22.3% |
| 2004 | 2.69 billion current US$ | +26.3% |
| 2005 | 3.17 billion current US$ | +17.8% |
| 2006 | 3.42 billion current US$ | +7.8% |
| 2007 | 3.97 billion current US$ | +16.1% |
| 2008 | 4.42 billion current US$ | +11.4% |
| 2009 | 4.00 billion current US$ | -9.4% |
| 2010 | 3.93 billion current US$ | -1.9% |
| 2011 | 4.39 billion current US$ | +11.8% |
| 2012 | 3.64 billion current US$ | -17.1% |
| 2013 | 3.72 billion current US$ | +2.2% |
| 2014 | 3.76 billion current US$ | +1.2% |
| 2015 | 3.19 billion current US$ | -15.2% |
| 2016 | 3.21 billion current US$ | +0.8% |
| 2017 | 3.67 billion current US$ | +14.1% |
| 2018 | 4.17 billion current US$ | +13.8% |
| 2019 | 3.94 billion current US$ | -5.5% |
| 2020 | 4.00 billion current US$ | +1.4% |
| 2021 | 5.17 billion current US$ | +29.4% |
| 2022 | 5.10 billion current US$ | -1.4% |
| 2023 | 5.51 billion current US$ | +8.0% |
| 2024 | 6.75 billion current US$ | +22.5% |
Albania compared with similar countries
- Albania's 6.75 billion current US$ is below the median for upper middle income countries, which is 11.53 billion current US$, 59% of the median. (52 countries reporting)
- Albania's 6.75 billion current US$ is below the median for Europe & Central Asia, which is 29.72 billion current US$, 23% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +339.4% | 36.89 million current US$ | 162.10 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 655.25 million current US$ | 565.05 million current US$ | 740.75 million current US$ | 10 |
| 1990s | 425.80 million current US$ | 36.89 million current US$ | 797.06 million current US$ | 10 |
| 2000s | 2.83 billion current US$ | 1.22 billion current US$ | 4.42 billion current US$ | 10 |
| 2010s | 3.76 billion current US$ | 3.19 billion current US$ | 4.39 billion current US$ | 10 |
| 2020s | 5.30 billion current US$ | 4.00 billion current US$ | 6.75 billion current US$ | 5 |
Countries ranked near Albania
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$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Albania?
- Gross capital formation in Albania was 6.75 billion current US$ 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 6.75 billion current US$ in 2024.
- What is the lowest gross capital formation recorded in Albania?
- The lowest recorded value was 36.89 million current US$ in 1992.
- How does Albania rank for gross capital formation?
- Albania ranks 109th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Albania?
- Over the last ten years it is up 79.3%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.