Albania - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Albania was 349,471,000,000 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 385,020,000,000 in 2009 and a minimum value of 88,145,400,000 in 1997.

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 constant local currency.

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

Year Value
1996 111,041,000,000
1997 88,145,400,000
1998 99,436,400,000
1999 136,496,000,000
2000 194,678,000,000
2001 238,895,000,000
2002 251,249,000,000
2003 271,060,000,000
2004 303,040,000,000
2005 324,430,000,000
2006 348,988,000,000
2007 365,169,000,000
2008 381,297,000,000
2009 385,020,000,000
2010 352,412,000,000
2011 373,357,000,000
2012 344,018,000,000
2013 337,220,000,000
2014 321,885,000,000
2015 333,152,000,000
2016 341,239,000,000
2017 361,831,000,000
2018 370,320,000,000
2019 356,696,000,000
2020 349,471,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts