Albania: Gross capital formation (current US$)

Key figures

What the numbers say

In 2024, Albania's gross capital formation (current US$) rose 22.5% on 2023 (from US$5.51 billion to US$6.75 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +15.2% and a typical year strayed about 27.2% from that (the standard deviation). This year's change was 0.3 standard deviations above 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 339.4% in 1993 and the biggest yearly fall was 86.4% in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about US$353 million a year. A straight line explains 89% 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 2024, Albania had the 14th highest value of the 37 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 2024 ranking

• Angola — 11th of 37: US$10.97 billion
• Bolivia — 12th of 37: US$9.85 billion
• Ghana — 13th of 37: US$8.25 billion
• Zambia — 15th of 37: US$6.02 billion
• Tajikistan — 16th of 37: US$4.68 billion
• Bahamas, The — 17th of 37: US$4.24 billion

What this measures

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 indicator is expressed in United States dollars.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 45 values

Gross capital formation (current US$) in nearby economies

• Armenia — US$7.08 billion (2025)
• Austria — US$137.1 billion (2025)
• Azerbaijan — US$14.34 billion (2025)
• Belarus — US$25.33 billion (2025)
• Belgium — US$186.78 billion (2025)
• Bosnia and Herzegovina — US$9.37 billion (2025)
• Bulgaria — US$28.4 billion (2025)
• Croatia — US$25.83 billion (2025)
• Cyprus — US$7.94 billion (2025)
• Czechia — US$104.62 billion (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Albania's gross capital formation (current US$)?

US$6.75 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1980?

It is up 1,094% from US$565.05 million in 1980 (5.8% a year on average, compounded). The highest value was US$6.75 billion in 2024 and the lowest US$36.89 million in 1992.

How does Albania rank?

14th highest of 37 economies with data for 2024.

Is the latest change in gross capital formation (current US$) unusual for Albania?

In 2024, Albania's gross capital formation (current US$) rose 22.5% on 2023 (from US$5.51 billion to US$6.75 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +15.2% and a typical year strayed about 27.2% from that (the standard deviation). This year's change was 0.3 standard deviations above 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 NE.GDI.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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