Gross Capital Formation (As % of GDP) rose to 21.7% in Albania in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Albania | January 1, 2020
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Gross capital formation as a share of GDP reached 21.7 % in 2019 in Albania, according to the National Statistical Office. This is 0.078 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Albania reached an all time high of 21.7 % in 2019 and an all time low of 0.057 % in 1992. When compared to Albania's main peers, gross capital formation as a share of GDP in Greece amounted to 13.8 % and 28.4 % in Montenegro in 2019.

Albania has been ranked 102nd within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 76 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Albania % 0.249% 21.7% 21.7% 22.1% 22.9%
Bosnia and Herzegovina % 0.211% 17.2% 19.0% 19.7% 19.6%
Bulgaria % 0.201% 21.5% 21.6% 21.4% 21.2%
Croatia % 0.209% 20.4% 20.6% 20.3% 19.8%
Greece % 0.125% 12.6% 13.8% 14.8% 15.4%
Kosovo % 0.284% ... ... ... ... ... ...
Macedonia % 0.330% ... ... ... ... ... ...
Montenegro % 0.290% 30.2% 28.4% 23.4% 24.3%
Serbia % 0.210% 21.3% 21.6% 21.8% 21.7%
Turkey % 0.310% 30.7% 26.4% 25.2% 24.4%