Gross Fixed Capital Formation — Value US$ in Albania
Albania: Gross Fixed Capital Formation — Value US$ was 6,279 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Albania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Albania stood at 6,279 million USD. That is the highest value across all 55 years on record.
That represents a change of up 12.2% on the previous year and up 96.5% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Albania peaked at 6,279 million USD in 2024 and was at its lowest, 78.84 million USD, in 1992.
Albania ranks 127th of 235 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 US$ in Albania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 767.06 million USD | — |
| 1971 | 789.24 million USD | +2.9% |
| 1972 | 811.52 million USD | +2.8% |
| 1973 | 835.12 million USD | +2.9% |
| 1974 | 859.73 million USD | +2.9% |
| 1975 | 882.21 million USD | +2.6% |
| 1976 | 910.11 million USD | +3.2% |
| 1977 | 937.98 million USD | +3.1% |
| 1978 | 953.22 million USD | +1.6% |
| 1979 | 810.07 million USD | -15.0% |
| 1980 | 733.43 million USD | -9.5% |
| 1981 | 713.86 million USD | -2.7% |
| 1982 | 820.43 million USD | +14.9% |
| 1983 | 836.14 million USD | +1.9% |
| 1984 | 871.29 million USD | +4.2% |
| 1985 | 799.14 million USD | -8.3% |
| 1986 | 779.43 million USD | -2.5% |
| 1987 | 786 million USD | +0.8% |
| 1988 | 812.29 million USD | +3.3% |
| 1989 | 954.98 million USD | +17.6% |
| 1990 | 768.21 million USD | -19.6% |
| 1991 | 117.21 million USD | -84.7% |
| 1992 | 78.84 million USD | -32.7% |
| 1993 | 224.46 million USD | +184.7% |
| 1994 | 336.69 million USD | +50.0% |
| 1995 | 502.48 million USD | +49.2% |
| 1996 | 675.61 million USD | +34.5% |
| 1997 | 458.9 million USD | -32.1% |
| 1998 | 550.24 million USD | +19.9% |
| 1999 | 758.48 million USD | +37.8% |
| 2000 | 1,113 million USD | +46.7% |
| 2001 | 1,442 million USD | +29.6% |
| 2002 | 1,571 million USD | +8.9% |
| 2003 | 1,996 million USD | +27.1% |
| 2004 | 2,713 million USD | +35.9% |
| 2005 | 3,053 million USD | +12.6% |
| 2006 | 3,387 million USD | +10.9% |
| 2007 | 3,885 million USD | +14.7% |
| 2008 | 4,373 million USD | +12.6% |
| 2009 | 3,940 million USD | -9.9% |
| 2010 | 3,391 million USD | -13.9% |
| 2011 | 3,786 million USD | +11.6% |
| 2012 | 3,263 million USD | -13.8% |
| 2013 | 3,332 million USD | +2.1% |
| 2014 | 3,196 million USD | -4.1% |
| 2015 | 2,780 million USD | -13.0% |
| 2016 | 2,890 million USD | +4.0% |
| 2017 | 3,200 million USD | +10.7% |
| 2018 | 3,617 million USD | +13.0% |
| 2019 | 3,437 million USD | -5.0% |
| 2020 | 3,434 million USD | -0.1% |
| 2021 | 4,367 million USD | +27.2% |
| 2022 | 4,519 million USD | +3.5% |
| 2023 | 5,596 million USD | +23.8% |
| 2024 | 6,279 million USD | +12.2% |
Albania compared with similar countries
- Albania's 6,279 million USD is below the median for upper middle income countries, which is 8,136 million USD, 77% of the median. (54 countries reporting)
- Albania's 6,279 million USD is below the median for Europe & Central Asia, which is 26,071 million USD, 24% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$ 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 | +184.7% | 78.84 million USD | 224.46 million USD |
| 1991 | -84.7% | 768.21 million USD | 117.21 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 855.63 million USD | 767.06 million USD | 953.22 million USD | 10 |
| 1980s | 810.7 million USD | 713.86 million USD | 954.98 million USD | 10 |
| 1990s | 447.11 million USD | 78.84 million USD | 768.21 million USD | 10 |
| 2000s | 2,747 million USD | 1,113 million USD | 4,373 million USD | 10 |
| 2010s | 3,289 million USD | 2,780 million USD | 3,786 million USD | 10 |
| 2020s | 4,839 million USD | 3,434 million USD | 6,279 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)
- 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$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Albania?
- Gross fixed capital formation — value us$ in Albania was 6,279 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Albania?
- The highest recorded value was 6,279 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in Albania?
- The lowest recorded value was 78.84 million USD in 1992.
- How does Albania rank for gross fixed capital formation — value us$?
- Albania ranks 127th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Albania?
- Over the last ten years it is up 96.5%. 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$. 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).