Albania: Adjusted savings, consumption of fixed capital (% of GNI)

Key figures

What the numbers say

In 2021, Albania's adjusted savings, consumption of fixed capital (% of GNI) fell 0.05 percentage points on 2020 (from 17.07% to 17.02%).

Across the 30 yearly changes before that (1991 to 2020), the average change was +0.08 percentage points and a typical year strayed about 1.3 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 2.45 percentage points in 2015 and the biggest yearly fall was 4.53 percentage points in 1993. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 0.35 percentage points a year. A straight line explains 70% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Albania had the 49th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Albania in the 2021 ranking

• Australia — 46th of 185: 17.31%
• Iceland — 47th of 185: 17.17%
• Norway — 48th of 185: 17.12%
• Spain — 50th of 185: 16.96%
• Belarus — 51st of 185: 16.87%
• Sweden — 52nd of 185: 16.86%

What this measures

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 38 values

Adjusted savings, consumption of fixed capital (% of GNI) in nearby economies

• Armenia — 12.94% (2021)
• Austria — 19.59% (2021)
• Azerbaijan — 8.67% (2021)
• Belarus — 16.87% (2021)
• Belgium — 19.31% (2021)
• Bosnia and Herzegovina — 15.1% (2021)
• Bulgaria — 14.49% (2021)
• Croatia — 18.38% (2021)
• Cyprus — 14.53% (2021)

More economic policy & debt data for Albania

• Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
• Adjusted savings, net forest depletion (current US$) — US$25.28 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$11.41 million (2021)
• Adjusted savings, energy depletion (current US$) — US$107.57 million (2021)
• Trade in services (% of GDP) — 46.51% (2025)
• Communications, computer, etc. (% of service imports, BoP) — 10.43% (2025)
• Primary income payments (BoP, current US$) — US$1.25 billion (2025)
• Imports of goods and services (current US$, BoP) — US$13.07 billion (2025)
• Insurance and financial services (% of service imports, BoP)

Reading data like this

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Questions people ask

What is Albania's adjusted savings, consumption of fixed capital (% of GNI)?

17.02% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1984?

It is up 3.25 percentage points from 13.77% in 1984. The highest value was 18.98% in 1992 and the lowest 9.84% in 2006.

How does Albania rank?

49th highest of 185 economies with data for 2021.

Is the latest change in adjusted savings, consumption of fixed capital (% of GNI) unusual for Albania?

In 2021, Albania's adjusted savings, consumption of fixed capital (% of GNI) fell 0.05 percentage points on 2020 (from 17.07% to 17.02%). Across the 30 yearly changes before that (1991 to 2020), the average change was +0.08 percentage points and a typical year strayed about 1.3 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.ADJ.DKAP.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts Statistics, United Nations (UN), publisher: UN Statistics Division Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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