Gross capital formation in Albania
Albania: Gross capital formation was 565.85 billion constant LCU in 2024. ▲ Rising
Gross capital formation in Albania, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross capital formation in Albania is 565.85 billion constant LCU, measured 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 565.85 billion constant LCU in 2024 and was at its lowest, 67.83 billion constant LCU, in 1995.
That places Albania 63rd out of 169 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 117.93 billion constant LCU | 67.83 billion constant LCU | 203.97 billion constant LCU | 5 |
| 2000s | 386.84 billion constant LCU | 299.97 billion constant LCU | 441.94 billion constant LCU | 10 |
| 2010s | 412.73 billion constant LCU | 386.96 billion constant LCU | 449.43 billion constant LCU | 10 |
| 2020s | 509.43 billion constant LCU | 434.17 billion constant LCU | 565.85 billion constant LCU | 5 |
Countries ranked near Albania
More economy & growth data for Albania
- DEC alternative conversion factor 86.8 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 132.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.53 billion current US$ (2025)
- Taxes less subsidies on products 362.03 billion current LCU (2025)
- Taxes less subsidies on products 4.17 billion current US$ (2025)
- Net primary income (Net income from abroad) -5.05 billion current LCU (2025)
- Net primary income (Net income from abroad) -58.23 million current US$ (2025)
- GNI per capita 1.13 million current LCU (2025)
- GNI per capita, Atlas method 12,060 current US$ (2025)
- GNI 2.65 trillion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Albania?
- Gross capital formation in Albania was 565.85 billion constant LCU 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 565.85 billion constant LCU in 2024.
- What is the lowest gross capital formation recorded in Albania?
- The lowest recorded value was 67.83 billion constant LCU in 1995.
- How does Albania rank for gross capital formation?
- Albania ranks 63rd out of 169 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 varies by country. This series is expressed in local currency units.