Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Albania
Albania: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 4,145 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Albania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Albania recorded 4,145 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. 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 us$, 2015 prices in Albania peaked at 4,145 million USD in 2024 and was at its lowest, 131.05 million USD, in 1992.
That places Albania 137th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Albania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 683.04 million USD | — |
| 1971 | 710.37 million USD | +4.0% |
| 1972 | 738.56 million USD | +4.0% |
| 1973 | 768.88 million USD | +4.1% |
| 1974 | 799.1 million USD | +3.9% |
| 1975 | 830.05 million USD | +3.9% |
| 1976 | 867.52 million USD | +4.5% |
| 1977 | 897.05 million USD | +3.4% |
| 1978 | 930.27 million USD | +3.7% |
| 1979 | 990.25 million USD | +6.4% |
| 1980 | 991.75 million USD | +0.2% |
| 1981 | 1,037 million USD | +4.6% |
| 1982 | 1,191 million USD | +14.8% |
| 1983 | 1,196 million USD | +0.4% |
| 1984 | 1,242 million USD | +3.9% |
| 1985 | 1,129 million USD | -9.2% |
| 1986 | 1,182 million USD | +4.7% |
| 1987 | 1,192 million USD | +0.8% |
| 1988 | 1,174 million USD | -1.5% |
| 1989 | 1,268 million USD | +8.0% |
| 1990 | 1,259 million USD | -0.8% |
| 1991 | 185.8 million USD | -85.2% |
| 1992 | 131.05 million USD | -29.5% |
| 1993 | 423.39 million USD | +223.1% |
| 1994 | 702.01 million USD | +65.8% |
| 1995 | 783.3 million USD | +11.6% |
| 1996 | 926.56 million USD | +18.3% |
| 1997 | 735.52 million USD | -20.6% |
| 1998 | 829.74 million USD | +12.8% |
| 1999 | 1,139 million USD | +37.3% |
| 2000 | 1,624 million USD | +42.6% |
| 2001 | 1,993 million USD | +22.7% |
| 2002 | 2,097 million USD | +5.2% |
| 2003 | 2,262 million USD | +7.9% |
| 2004 | 2,529 million USD | +11.8% |
| 2005 | 2,707 million USD | +7.1% |
| 2006 | 2,912 million USD | +7.6% |
| 2007 | 3,047 million USD | +4.6% |
| 2008 | 3,182 million USD | +4.4% |
| 2009 | 3,213 million USD | +1.0% |
| 2010 | 2,941 million USD | -8.5% |
| 2011 | 3,115 million USD | +5.9% |
| 2012 | 2,871 million USD | -7.9% |
| 2013 | 2,814 million USD | -2.0% |
| 2014 | 2,686 million USD | -4.5% |
| 2015 | 2,780 million USD | +3.5% |
| 2016 | 2,847 million USD | +2.4% |
| 2017 | 3,019 million USD | +6.0% |
| 2018 | 3,090 million USD | +2.3% |
| 2019 | 2,980 million USD | -3.6% |
| 2020 | 2,939 million USD | -1.4% |
| 2021 | 3,503 million USD | +19.2% |
| 2022 | 3,732 million USD | +6.5% |
| 2023 | 3,972 million USD | +6.4% |
| 2024 | 4,145 million USD | +4.3% |
Albania compared with similar countries
- Albania's 4,145 million USD is below the median for upper middle income countries, which is 7,886 million USD, 53% of the median. (54 countries reporting)
- Albania's 4,145 million USD is below the median for Europe & Central Asia, which is 18,064 million USD, 23% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +223.1% | 131.05 million USD | 423.39 million USD |
| 1991 | -85.2% | 1,259 million USD | 185.8 million USD |
| 1994 | +65.8% | 423.39 million USD | 702.01 million USD |
| 2000 | +42.6% | 1,139 million USD | 1,624 million USD |
| 1992 | -29.5% | 185.8 million USD | 131.05 million USD |
| 1999 | +37.3% | 829.74 million USD | 1,139 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 821.51 million USD | 683.04 million USD | 990.25 million USD | 10 |
| 1980s | 1,160 million USD | 991.75 million USD | 1,268 million USD | 10 |
| 1990s | 711.53 million USD | 131.05 million USD | 1,259 million USD | 10 |
| 2000s | 2,557 million USD | 1,624 million USD | 3,213 million USD | 10 |
| 2010s | 2,914 million USD | 2,686 million USD | 3,115 million USD | 10 |
| 2020s | 3,658 million USD | 2,939 million USD | 4,145 million USD | 5 |
Countries ranked near Albania
More economy & growth data for Albania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 18.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0092 units per US$ 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 fixed capital formation — value us$, 2015 prices in Albania?
- Gross fixed capital formation — value us$, 2015 prices in Albania was 4,145 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Albania?
- The highest recorded value was 4,145 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Albania?
- The lowest recorded value was 131.05 million USD in 1992.
- How does Albania rank for gross fixed capital formation — value us$, 2015 prices?
- Albania ranks 137th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).