Gross capital formation in Albania
Albania: Gross capital formation was 628.23 billion current LCU in 2024. ◆ Volatile
Gross capital formation in Albania, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross capital formation in Albania stood at 628.23 billion current LCU. That is the highest value across all 45 years on record.
The figure is up 13.4% on the previous year and up 58.3% over ten years.
Over the whole period, gross capital formation in Albania peaked at 628.23 billion current LCU in 2024 and was at its lowest, 1.20 billion current LCU, in 1991.
Albania ranks 75th of 186 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.52 billion current LCU | 4.90 billion current LCU | 6.27 billion current LCU | 10 |
| 1990s | 44.09 billion current LCU | 1.20 billion current LCU | 110.07 billion current LCU | 10 |
| 2000s | 293.76 billion current LCU | 175.72 billion current LCU | 380.07 billion current LCU | 10 |
| 2010s | 415.58 billion current LCU | 392.92 billion current LCU | 450.50 billion current LCU | 10 |
| 2020s | 545.59 billion current LCU | 434.17 billion current LCU | 628.23 billion current 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 628.23 billion current 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 628.23 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Albania?
- The lowest recorded value was 1.20 billion current LCU in 1991.
- How does Albania rank for gross capital formation?
- Albania ranks 75th out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Albania?
- Over the last ten years it is up 58.3%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.