Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Albania
Albania: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 522,049 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Albania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Albania stood at 522,049 million SLC. That is the highest value across all 55 years on record.
The figure is up 4.3% on the previous year and up 54.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Albania peaked at 522,049 million SLC in 2024 and was at its lowest, 16,507 million SLC, in 1992.
Albania ranks 66th of 194 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in Albania, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 86,036 million SLC | — |
| 1971 | 89,479 million SLC | +4.0% |
| 1972 | 93,031 million SLC | +4.0% |
| 1973 | 96,850 million SLC | +4.1% |
| 1974 | 100,656 million SLC | +3.9% |
| 1975 | 104,555 million SLC | +3.9% |
| 1976 | 109,274 million SLC | +4.5% |
| 1977 | 112,994 million SLC | +3.4% |
| 1978 | 117,179 million SLC | +3.7% |
| 1979 | 124,734 million SLC | +6.4% |
| 1980 | 124,922 million SLC | +0.2% |
| 1981 | 130,681 million SLC | +4.6% |
| 1982 | 150,005 million SLC | +14.8% |
| 1983 | 150,660 million SLC | +0.4% |
| 1984 | 156,501 million SLC | +3.9% |
| 1985 | 142,172 million SLC | -9.2% |
| 1986 | 148,913 million SLC | +4.7% |
| 1987 | 150,169 million SLC | +0.8% |
| 1988 | 147,876 million SLC | -1.5% |
| 1989 | 159,776 million SLC | +8.0% |
| 1990 | 158,575 million SLC | -0.8% |
| 1991 | 23,403 million SLC | -85.2% |
| 1992 | 16,507 million SLC | -29.5% |
| 1993 | 53,331 million SLC | +223.1% |
| 1994 | 88,427 million SLC | +65.8% |
| 1995 | 98,666 million SLC | +11.6% |
| 1996 | 116,711 million SLC | +18.3% |
| 1997 | 92,647 million SLC | -20.6% |
| 1998 | 104,515 million SLC | +12.8% |
| 1999 | 143,468 million SLC | +37.3% |
| 2000 | 204,621 million SLC | +42.6% |
| 2001 | 251,095 million SLC | +22.7% |
| 2002 | 264,080 million SLC | +5.2% |
| 2003 | 284,903 million SLC | +7.9% |
| 2004 | 318,515 million SLC | +11.8% |
| 2005 | 340,997 million SLC | +7.1% |
| 2006 | 366,810 million SLC | +7.6% |
| 2007 | 383,817 million SLC | +4.6% |
| 2008 | 400,769 million SLC | +4.4% |
| 2009 | 404,682 million SLC | +1.0% |
| 2010 | 370,408 million SLC | -8.5% |
| 2011 | 392,423 million SLC | +5.9% |
| 2012 | 361,586 million SLC | -7.9% |
| 2013 | 354,441 million SLC | -2.0% |
| 2014 | 338,322 million SLC | -4.5% |
| 2015 | 350,164 million SLC | +3.5% |
| 2016 | 358,665 million SLC | +2.4% |
| 2017 | 380,308 million SLC | +6.0% |
| 2018 | 389,232 million SLC | +2.3% |
| 2019 | 375,359 million SLC | -3.6% |
| 2020 | 370,176 million SLC | -1.4% |
| 2021 | 441,301 million SLC | +19.2% |
| 2022 | 470,119 million SLC | +6.5% |
| 2023 | 500,332 million SLC | +6.4% |
| 2024 | 522,049 million SLC | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 103,479 million SLC | 86,036 million SLC | 124,734 million SLC | 10 |
| 1980s | 146,168 million SLC | 124,922 million SLC | 159,776 million SLC | 10 |
| 1990s | 89,625 million SLC | 16,507 million SLC | 158,575 million SLC | 10 |
| 2000s | 322,029 million SLC | 204,621 million SLC | 404,682 million SLC | 10 |
| 2010s | 367,091 million SLC | 338,322 million SLC | 392,423 million SLC | 10 |
| 2020s | 460,795 million SLC | 370,176 million SLC | 522,049 million SLC | 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)
- Services, value added (current US$), annual growth rate 15.34 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4972 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 6,462 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.51 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 43.16 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 560,939 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.7 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.261 constant 2015 US$ per US$ of GDP (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 522,049 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Albania?
- The highest recorded value was 522,049 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Albania?
- The lowest recorded value was 16,507 million SLC in 1992.
- How does Albania rank for gross fixed capital formation — value standard local currency, 2015?
- Albania ranks 66th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Albania?
- Over the last ten years it is up 54.3%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).