Gross capital formation in Albania

Albania: Gross capital formation was 4.51 billion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
4.51 billion constant 2015 US$
Change on year
up 14.2%
World rank
113th
of 162 countries
All-time high
4.51 billion constant 2015 US$
in 2024
All-time low
540.36 million constant 2015 US$
in 1995
Years of data
30
1995–2024

Gross capital formation in Albania, 1995–2024

1.0B2.0B3.0B4.0B5.0B1995200920241995: 540.4M constant 2015 US$1996: 577.8M constant 2015 US$1997: 715.6M constant 2015 US$1998: 1.2B constant 2015 US$1999: 1.6B constant 2015 US$2000: 2.4B constant 2015 US$2001: 2.9B constant 2015 US$2002: 3.1B constant 2015 US$2003: 2.9B constant 2015 US$2004: 3.0B constant 2015 US$2005: 3.1B constant 2015 US$2006: 3.2B constant 2015 US$2007: 3.3B constant 2015 US$2008: 3.4B constant 2015 US$2009: 3.5B constant 2015 US$2010: 3.2B constant 2015 US$2011: 3.4B constant 2015 US$2012: 3.1B constant 2015 US$2013: 3.1B constant 2015 US$2014: 3.1B constant 2015 US$2015: 3.2B constant 2015 US$2016: 3.3B constant 2015 US$2017: 3.5B constant 2015 US$2018: 3.6B constant 2015 US$2019: 3.4B constant 2015 US$2020: 3.5B constant 2015 US$2021: 4.2B constant 2015 US$2022: 4.2B constant 2015 US$2023: 3.9B constant 2015 US$2024: 4.5B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Albania recorded 4.51 billion constant 2015 US$ for gross capital formation in 2024. That is the highest value across all 30 years on record.

That represents a change of up 14.2% on the previous year and up 44.2% over ten years.

Over the whole period, gross capital formation in Albania peaked at 4.51 billion constant 2015 US$ in 2024 and was at its lowest, 540.36 million constant 2015 US$, in 1995.

That places Albania 113th out of 162 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 939.43 million constant 2015 US$ 540.36 million constant 2015 US$ 1.62 billion constant 2015 US$ 5
2000s 3.08 billion constant 2015 US$ 2.39 billion constant 2015 US$ 3.52 billion constant 2015 US$ 10
2010s 3.29 billion constant 2015 US$ 3.08 billion constant 2015 US$ 3.58 billion constant 2015 US$ 10
2020s 4.06 billion constant 2015 US$ 3.46 billion constant 2015 US$ 4.51 billion constant 2015 US$ 5

Countries ranked near Albania

  1. 110 Laos 4.87 billion constant 2015 US$ compare
  2. 111 Mozambique 4.84 billion constant 2015 US$ compare
  3. 112 Rwanda 4.70 billion constant 2015 US$ compare
  4. 114 Niger 4.33 billion constant 2015 US$ compare
  5. 115 Tajikistan 4.28 billion constant 2015 US$ compare
  6. 116 Zimbabwe 4.02 billion constant 2015 US$ compare

See the full ranking of 202 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is gross capital formation in Albania?
Gross capital formation in Albania was 4.51 billion constant 2015 US$ 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 4.51 billion constant 2015 US$ in 2024.
What is the lowest gross capital formation recorded in Albania?
The lowest recorded value was 540.36 million constant 2015 US$ in 1995.
How does Albania rank for gross capital formation?
Albania ranks 113th out of 162 countries with data for 2024.
Is gross capital formation rising or falling in Albania?
Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
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 (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross capital formation (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
202 places, 8,378 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.