Albania - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Albania was 371,754,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 390,567,000,000 in 2018 and a minimum value of 1,203,850,000 in 1991.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 5,269,000,000
1981 4,987,000,000
1982 5,508,000,000
1983 5,923,000,000
1984 6,111,000,000
1985 5,445,000,000
1986 5,385,000,000
1987 5,588,000,000
1988 5,363,000,000
1989 5,854,000,000
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 72,871,710,000
1997 66,647,100,000
1998 82,698,800,000
1999 104,436,000,000
2000 159,916,000,000
2001 206,951,000,000
2002 220,117,000,000
2003 243,267,000,000
2004 278,802,000,000
2005 304,937,000,000
2006 332,252,000,000
2007 351,305,000,000
2008 366,882,000,000
2009 374,169,000,000
2010 352,412,000,000
2011 381,944,000,000
2012 353,044,000,000
2013 352,088,000,000
2014 337,087,000,000
2015 350,164,000,000
2016 358,813,000,000
2017 381,094,000,000
2018 390,567,000,000
2019 377,068,000,000
2020 371,754,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts