Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Albania
Albania: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 18.26 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Albania, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Albania stood at 18.26 million SLC per square kilometre. That is the highest value across all 54 years on record.
The figure is up 6.4% on the previous year and up 41.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Albania peaked at 18.26 million SLC per square kilometre in 2023 and was at its lowest, 0.6024 million SLC per square kilometre, in 1992.
That places Albania 41st out of 194 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Albania, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 3.14 million SLC per square kilometre | — |
| 1971 | 3.27 million SLC per square kilometre | +4.0% |
| 1972 | 3.4 million SLC per square kilometre | +4.0% |
| 1973 | 3.53 million SLC per square kilometre | +4.1% |
| 1974 | 3.67 million SLC per square kilometre | +3.9% |
| 1975 | 3.82 million SLC per square kilometre | +3.9% |
| 1976 | 3.99 million SLC per square kilometre | +4.5% |
| 1977 | 4.12 million SLC per square kilometre | +3.4% |
| 1978 | 4.28 million SLC per square kilometre | +3.7% |
| 1979 | 4.55 million SLC per square kilometre | +6.4% |
| 1980 | 4.56 million SLC per square kilometre | +0.2% |
| 1981 | 4.77 million SLC per square kilometre | +4.6% |
| 1982 | 5.47 million SLC per square kilometre | +14.8% |
| 1983 | 5.5 million SLC per square kilometre | +0.4% |
| 1984 | 5.71 million SLC per square kilometre | +3.9% |
| 1985 | 5.19 million SLC per square kilometre | -9.2% |
| 1986 | 5.43 million SLC per square kilometre | +4.7% |
| 1987 | 5.48 million SLC per square kilometre | +0.8% |
| 1988 | 5.4 million SLC per square kilometre | -1.5% |
| 1989 | 5.83 million SLC per square kilometre | +8.0% |
| 1990 | 5.79 million SLC per square kilometre | -0.8% |
| 1991 | 0.8541 million SLC per square kilometre | -85.2% |
| 1992 | 0.6024 million SLC per square kilometre | -29.5% |
| 1993 | 1.95 million SLC per square kilometre | +223.1% |
| 1994 | 3.23 million SLC per square kilometre | +65.8% |
| 1995 | 3.6 million SLC per square kilometre | +11.6% |
| 1996 | 4.26 million SLC per square kilometre | +18.3% |
| 1997 | 3.38 million SLC per square kilometre | -20.6% |
| 1998 | 3.81 million SLC per square kilometre | +12.8% |
| 1999 | 5.24 million SLC per square kilometre | +37.3% |
| 2000 | 7.47 million SLC per square kilometre | +42.6% |
| 2001 | 9.16 million SLC per square kilometre | +22.7% |
| 2002 | 9.64 million SLC per square kilometre | +5.2% |
| 2003 | 10.4 million SLC per square kilometre | +7.9% |
| 2004 | 11.62 million SLC per square kilometre | +11.8% |
| 2005 | 12.45 million SLC per square kilometre | +7.1% |
| 2006 | 13.39 million SLC per square kilometre | +7.6% |
| 2007 | 14.01 million SLC per square kilometre | +4.6% |
| 2008 | 14.63 million SLC per square kilometre | +4.4% |
| 2009 | 14.77 million SLC per square kilometre | +1.0% |
| 2010 | 13.52 million SLC per square kilometre | -8.5% |
| 2011 | 14.32 million SLC per square kilometre | +5.9% |
| 2012 | 13.2 million SLC per square kilometre | -7.9% |
| 2013 | 12.94 million SLC per square kilometre | -2.0% |
| 2014 | 12.35 million SLC per square kilometre | -4.5% |
| 2015 | 12.78 million SLC per square kilometre | +3.5% |
| 2016 | 13.09 million SLC per square kilometre | +2.4% |
| 2017 | 13.88 million SLC per square kilometre | +6.0% |
| 2018 | 14.21 million SLC per square kilometre | +2.3% |
| 2019 | 13.7 million SLC per square kilometre | -3.6% |
| 2020 | 13.51 million SLC per square kilometre | -1.4% |
| 2021 | 16.11 million SLC per square kilometre | +19.2% |
| 2022 | 17.16 million SLC per square kilometre | +6.5% |
| 2023 | 18.26 million SLC per square kilometre | +6.4% |
Albania compared with similar countries
- Albania's 18.26 million SLC per square kilometre is above the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 19.1× the median. (54 countries reporting)
- Albania's 18.26 million SLC per square kilometre is above the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 16.2× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 | +223.1% | 0.6024 million SLC per square kilometre | 1.95 million SLC per square kilometre |
| 1991 | -85.2% | 5.79 million SLC per square kilometre | 0.8541 million SLC per square kilometre |
| 1994 | +65.8% | 1.95 million SLC per square kilometre | 3.23 million SLC per square kilometre |
| 2000 | +42.6% | 5.24 million SLC per square kilometre | 7.47 million SLC per square kilometre |
| 1992 | -29.5% | 0.8541 million SLC per square kilometre | 0.6024 million SLC per square kilometre |
| 1999 | +37.3% | 3.81 million SLC per square kilometre | 5.24 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.78 million SLC per square kilometre | 3.14 million SLC per square kilometre | 4.55 million SLC per square kilometre | 10 |
| 1980s | 5.33 million SLC per square kilometre | 4.56 million SLC per square kilometre | 5.83 million SLC per square kilometre | 10 |
| 1990s | 3.27 million SLC per square kilometre | 0.6024 million SLC per square kilometre | 5.79 million SLC per square kilometre | 10 |
| 2000s | 11.75 million SLC per square kilometre | 7.47 million SLC per square kilometre | 14.77 million SLC per square kilometre | 10 |
| 2010s | 13.4 million SLC per square kilometre | 12.35 million SLC per square kilometre | 14.32 million SLC per square kilometre | 10 |
| 2020s | 16.26 million SLC per square kilometre | 13.51 million SLC per square kilometre | 18.26 million SLC per square kilometre | 4 |
Countries ranked near Albania
- 38 Gabon 20.1 million SLC per square kilometre compare
- 39 Togo 19.89 million SLC per square kilometre compare
- 40 Equatorial Guinea 19.05 million SLC per square kilometre compare
- 42 Israel 17.91 million SLC per square kilometre compare
- 43 Nigeria 16.39 million SLC per square kilometre compare
- 44 Serbia 16.15 million SLC per square kilometre 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)
- 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 fixed capital formation — value standard local currency, 2015 in Albania?
- Gross fixed capital formation — value standard local currency, 2015 in Albania was 18.26 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Albania?
- The highest recorded value was 18.26 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Albania?
- The lowest recorded value was 0.6024 million SLC per square kilometre in 1992.
- How does Albania rank for gross fixed capital formation — value standard local currency, 2015?
- Albania ranks 41st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Albania?
- Over the last ten years it is up 41.2%. 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.