Gross capital formation in Albania
Albania: Gross capital formation was 25.0% in 2024. ▼ Falling
Gross capital formation in Albania, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Albania is 25.0%, measured in 2024.
Compared with earlier readings it is up 6.5% on the previous year and down 11.8% over ten years.
Over the whole period, gross capital formation in Albania peaked at 39.3% in 1982 and was at its lowest, 5.7%, in 1992.
That places Albania 74th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Gross capital formation in Albania, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 35.8% | — |
| 1981 | 36.4% | +1.6% |
| 1982 | 39.3% | +8.0% |
| 1983 | 37.4% | -4.9% |
| 1984 | 32.9% | -11.9% |
| 1985 | 33.9% | +3.1% |
| 1986 | 32.0% | -5.6% |
| 1987 | 29.5% | -8.1% |
| 1988 | 30.0% | +1.7% |
| 1989 | 32.9% | +9.7% |
| 1990 | 30.4% | -7.7% |
| 1991 | 7.6% | -75.0% |
| 1992 | 5.7% | -25.6% |
| 1993 | 13.7% | +141.8% |
| 1994 | 18.9% | +38.2% |
| 1995 | 16.4% | -13.1% |
| 1996 | 21.1% | +28.7% |
| 1997 | 19.8% | -6.6% |
| 1998 | 22.8% | +15.3% |
| 1999 | 24.3% | +6.5% |
| 2000 | 34.0% | +40.2% |
| 2001 | 38.2% | +12.3% |
| 2002 | 38.6% | +0.9% |
| 2003 | 36.7% | -4.8% |
| 2004 | 36.3% | -1.1% |
| 2005 | 38.4% | +5.6% |
| 2006 | 37.3% | -2.7% |
| 2007 | 35.7% | -4.5% |
| 2008 | 33.3% | -6.6% |
| 2009 | 32.4% | -2.6% |
| 2010 | 32.5% | +0.2% |
| 2011 | 33.8% | +4.1% |
| 2012 | 29.7% | -12.2% |
| 2013 | 29.1% | -2.2% |
| 2014 | 28.3% | -2.6% |
| 2015 | 27.8% | -1.7% |
| 2016 | 26.8% | -3.6% |
| 2017 | 27.7% | +3.1% |
| 2018 | 27.1% | -1.9% |
| 2019 | 25.3% | -6.8% |
| 2020 | 26.2% | +3.7% |
| 2021 | 28.7% | +9.4% |
| 2022 | 26.8% | -6.5% |
| 2023 | 23.4% | -12.5% |
| 2024 | 25.0% | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 34.0% | 29.5% | 39.3% | 10 |
| 1990s | 18.1% | 5.7% | 30.4% | 10 |
| 2000s | 36.1% | 32.4% | 38.6% | 10 |
| 2010s | 28.8% | 25.3% | 33.8% | 10 |
| 2020s | 26.0% | 23.4% | 28.7% | 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)
- Exports of goods and services (current LCU), annual growth rate 7.41 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 32.13 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 417,624 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.42 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1987 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,582 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 12.54 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2427 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation in Albania?
- Gross capital formation in Albania was 25.0% 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 39.3% in 1982.
- What is the lowest gross capital formation recorded in Albania?
- The lowest recorded value was 5.7% in 1992.
- How does Albania rank for gross capital formation?
- Albania ranks 74th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Albania?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.