Albania - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Albania was $3,632,299,000 as of 2019. Over the past 35 years, the value for this indicator has fluctuated between $4,608,745,000 in 2008 and $36,891,480 in 1992.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1984 $611,538,500
1985 $643,706,300
1986 $671,875,000
1987 $612,875,000
1988 $614,500,000
1989 $740,750,000
1990 $615,888,100
1991 $83,600,700
1992 $36,891,480
1993 $162,105,400
1994 $355,435,600
1995 $509,144,800
1996 $577,976,500
1997 $376,257,300
1998 $502,639,600
1999 $633,902,300
2000 $1,071,819,000
2001 $1,372,291,000
2002 $1,533,305,000
2003 $1,902,121,000
2004 $2,456,929,000
2005 $2,968,773,000
2006 $3,175,677,000
2007 $3,679,616,000
2008 $4,608,745,000
2009 $4,162,219,000
2010 $3,614,892,000
2011 $4,049,451,000
2012 $3,490,029,000
2013 $3,584,049,000
2014 $3,396,286,000
2015 $2,939,976,000
2016 $2,991,848,000
2017 $3,261,764,000
2018 $3,623,931,000
2019 $3,632,299,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Albania was 399,011,000,000 as of 2019. As the graph below shows, over the past 39 years this indicator reached a maximum value of 408,573,000,000 in 2011 and a minimum value of 1,203,850,000 in 1991.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 5,368,000,000
1981 5,645,000,000
1982 6,273,000,000
1983 6,033,000,000
1984 5,247,000,000
1985 5,523,000,000
1986 5,375,000,000
1987 4,903,000,000
1988 4,916,000,000
1989 5,926,000,000
1990 4,927,105,000
1991 1,203,850,000
1992 2,768,060,000
1993 16,544,880,000
1994 33,632,490,000
1995 47,196,450,000
1996 60,397,910,000
1997 55,196,950,000
1998 75,979,010,000
1999 87,541,910,000
2000 154,351,000,000
2001 197,143,000,000
2002 215,285,000,000
2003 229,732,000,000
2004 252,254,000,000
2005 296,492,000,000
2006 311,545,000,000
2007 332,740,000,000
2008 386,649,000,000
2009 395,320,000,000
2010 375,720,000,000
2011 408,573,000,000
2012 377,566,000,000
2013 378,724,000,000
2014 358,240,000,000
2015 370,324,000,000
2016 371,416,000,000
2017 388,476,000,000
2018 391,345,000,000
2019 399,011,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Albania was 3,151,545,000 as of 2019. Over the past 22 years, the value for this indicator has fluctuated between 3,395,756,000 in 2009 and 416,633,800 in 1997.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1997 416,633,800
1998 874,034,300
1999 1,202,209,000
2000 1,998,125,000
2001 2,487,274,000
2002 2,632,004,000
2003 2,427,921,000
2004 2,572,135,000
2005 2,769,334,000
2006 2,852,946,000
2007 2,887,642,000
2008 3,352,805,000
2009 3,395,756,000
2010 3,142,084,000
2011 3,338,696,000
2012 3,074,533,000
2013 3,019,883,000
2014 2,849,394,000
2015 2,939,976,000
2016 2,949,053,000
2017 3,078,038,000
2018 3,096,510,000
2019 3,151,545,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Albania was 1.78 as of 2019. As the graph below shows, over the past 21 years this indicator reached a maximum value of 109.78 in 1998 and a minimum value of -7.91 in 2012.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1998 109.78
1999 37.55
2000 66.20
2001 24.48
2002 5.82
2003 -7.75
2004 5.94
2005 7.67
2006 3.02
2007 1.22
2008 16.11
2009 1.28
2010 -7.47
2011 6.26
2012 -7.91
2013 -1.78
2014 -5.65
2015 3.18
2016 0.31
2017 4.37
2018 0.60
2019 1.78

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Albania was 376,851,000,000 as of 2019. As the graph below shows, over the past 22 years this indicator reached a maximum value of 406,053,000,000 in 2009 and a minimum value of 49,819,680,000 in 1997.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1997 49,819,680,000
1998 104,514,000,000
1999 143,756,000,000
2000 238,929,000,000
2001 297,420,000,000
2002 314,726,000,000
2003 290,323,000,000
2004 307,567,000,000
2005 331,148,000,000
2006 341,146,000,000
2007 345,295,000,000
2008 400,917,000,000
2009 406,053,000,000
2010 375,720,000,000
2011 399,230,000,000
2012 367,642,000,000
2013 361,108,000,000
2014 340,721,000,000
2015 351,553,000,000
2016 352,638,000,000
2017 368,062,000,000
2018 370,270,000,000
2019 376,851,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Albania was 23.59 as of 2019. Its highest value over the past 39 years was 39.28 in 1982, while its lowest value was 5.66 in 1992.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 35.81
1981 36.39
1982 39.28
1983 37.37
1984 32.93
1985 33.93
1986 32.03
1987 29.45
1988 29.96
1989 32.88
1990 30.36
1991 7.60
1992 5.66
1993 13.68
1994 18.90
1995 21.28
1996 18.06
1997 16.66
1998 19.74
1999 19.73
2000 30.80
2001 34.99
2002 35.26
2003 33.90
2004 34.20
2005 36.87
2006 35.70
2007 34.46
2008 35.78
2009 34.56
2010 30.31
2011 31.41
2012 28.33
2013 28.05
2014 25.67
2015 25.82
2016 25.22
2017 25.05
2018 23.91
2019 23.59

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts