Albania | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Albania
Records
63
Source
Albania | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998 109.78477961
1999 37.54710679
2000 66.20444993
2001 24.48043914
2002 5.81880258
2003 -7.75391761
2004 5.93984064
2005 7.66671417
2006 3.01924209
2007 1.21614959
2008 16.10872898
2009 1.28105905
2010 -7.47026886
2011 6.25736869
2012 -7.91214623
2013 -1.77751691
2014 -5.64556625
2015 3.17902006
2016 0.3087266
2017 4.37378574
2018 0.6001374
2019 -0.71215349
2020 -3.03197458
2021 19.77909776
2022

Albania | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Albania
Records
63
Source