Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Albania

Gross capital formation (% of GDP) in Albania in 2024 — 25%. Ranked 61 in the world out of 169. Since 1980, the indicator has fallen by 10.9 pp.

2024 25% +1.5 pp vs 2023
World rank 61of 169
Period maximum 39.3%1982
Period minimum 5.7%1992

Trend over time

1980–2024 · % of GDP

Gross capital formation (% of GDP) — Albania, 1980–202401020304019801985199019952000200520102015202020241980: 35.8%1981: 36.4%1982: 39.3%1983: 37.4%1984: 32.9%1985: 33.9%1986: 32%1987: 29.5%1988: 30%1989: 32.9%1990: 30.4%1991: 7.6%1992: 5.7%1993: 13.7%1994: 18.9%1995: 16.4%1996: 21.1%1997: 19.8%1998: 22.8%1999: 24.3%2000: 34%2001: 38.2%2002: 38.6%2003: 36.7%2004: 36.3%2005: 38.4%2006: 37.3%2007: 35.7%2008: 33.3%2009: 32.4%2010: 32.5%2011: 33.8%2012: 29.7%2013: 29.1%2014: 28.3%2015: 27.8%2016: 26.8%2017: 27.7%2018: 27.1%2019: 25.3%2020: 26.2%2021: 28.7%2022: 26.8%2023: 23.4%2024: 25%
Change over the period: −10.9 pp Annual average: -0.25 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Albania

Albania 25%
World 26.3%
Southern Europe computed 21.7%
Gross capital formation (% of GDP) — Albania, by year Albania All countries CSV XLSX
Year % Change, pp
2024 25 +1.5 pp
2023 23.4 −3.4 pp
2022 26.8 −1.9 pp
2021 28.7 +2.5 pp
2020 26.2 +0.9 pp
2019 25.3 −1.8 pp
2018 27.1 −0.5 pp
2017 27.7 +0.8 pp
2016 26.8 −1 pp
2015 27.8 −0.5 pp
2014 28.3 −0.8 pp
2013 29.1 −0.7 pp
2012 29.7 −4.1 pp
2011 33.8 +1.3 pp
2010 32.5 +0.1 pp
2009 32.4 −0.9 pp
2008 33.3 −2.4 pp
2007 35.7 −1.7 pp
2006 37.3 −1 pp
2005 38.4 +2.1 pp
2004 36.3 −0.4 pp
2003 36.7 −1.9 pp
2002 38.6 +0.3 pp
2001 38.2 +4.2 pp
2000 34 +9.8 pp
1999 24.3 +1.5 pp
1998 22.8 +3 pp
1997 19.8 −1.4 pp
1996 21.1 +4.7 pp
1995 16.4 −2.5 pp
1994 18.9 +5.2 pp
1993 13.7 +8 pp
1992 5.7 −1.9 pp
1991 7.6 −22.8 pp
1990 30.4 −2.5 pp
1989 32.9 +2.9 pp
1988 30 +0.5 pp
1987 29.5 −2.6 pp
1986 32 −1.9 pp
1985 33.9 +1 pp
1984 32.9 −4.4 pp
1983 37.4 −1.9 pp
1982 39.3 +2.9 pp
1981 36.4 +0.6 pp
1980 35.8

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.