Human capital in Albania
Albania: Human capital was 50.45 billion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
50.45 billion real chained 2019 US$
Change on year
up 3.6%
World rank
124th
of 151 countries
All-time high
50.45 billion real chained 2019 US$
in 2020
All-time low
37.74 billion real chained 2019 US$
in 1999
Years of data
26
1995–2020
Human capital in Albania, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, human capital in Albania stood at 50.45 billion real chained 2019 US$. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 24.1% over ten years.
Over the whole period, human capital in Albania peaked at 50.45 billion real chained 2019 US$ in 2020 and was at its lowest, 37.74 billion real chained 2019 US$, in 1999.
Albania ranks 124th of 151 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Human capital in Albania, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 38.32 billion real chained 2019 US$ | — |
| 1996 | 39.13 billion real chained 2019 US$ | +2.1% |
| 1997 | 39.03 billion real chained 2019 US$ | -0.3% |
| 1998 | 37.93 billion real chained 2019 US$ | -2.8% |
| 1999 | 37.74 billion real chained 2019 US$ | -0.5% |
| 2000 | 39.09 billion real chained 2019 US$ | +3.6% |
| 2001 | 39.21 billion real chained 2019 US$ | +0.3% |
| 2002 | 39.58 billion real chained 2019 US$ | +1.0% |
| 2003 | 39.55 billion real chained 2019 US$ | -0.1% |
| 2004 | 39.42 billion real chained 2019 US$ | -0.3% |
| 2005 | 39.13 billion real chained 2019 US$ | -0.7% |
| 2006 | 38.69 billion real chained 2019 US$ | -1.1% |
| 2007 | 37.90 billion real chained 2019 US$ | -2.0% |
| 2008 | 38.61 billion real chained 2019 US$ | +1.9% |
| 2009 | 40.51 billion real chained 2019 US$ | +4.9% |
| 2010 | 40.64 billion real chained 2019 US$ | +0.3% |
| 2011 | 44.81 billion real chained 2019 US$ | +10.3% |
| 2012 | 42.96 billion real chained 2019 US$ | -4.1% |
| 2013 | 38.65 billion real chained 2019 US$ | -10.0% |
| 2014 | 38.63 billion real chained 2019 US$ | -0.0% |
| 2015 | 40.85 billion real chained 2019 US$ | +5.7% |
| 2016 | 43.37 billion real chained 2019 US$ | +6.2% |
| 2017 | 45.14 billion real chained 2019 US$ | +4.1% |
| 2018 | 46.91 billion real chained 2019 US$ | +3.9% |
| 2019 | 48.68 billion real chained 2019 US$ | +3.8% |
| 2020 | 50.45 billion real chained 2019 US$ | +3.6% |
Albania compared with similar countries
- Albania's 50.45 billion real chained 2019 US$ is below the median for upper middle income countries, which is 282.57 billion real chained 2019 US$, 18% of the median. (43 countries reporting)
- Albania's 50.45 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 652.62 billion real chained 2019 US$, 8% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.43 billion real chained 2019 US$ | 37.74 billion real chained 2019 US$ | 39.13 billion real chained 2019 US$ | 5 |
| 2000s | 39.17 billion real chained 2019 US$ | 37.90 billion real chained 2019 US$ | 40.51 billion real chained 2019 US$ | 10 |
| 2010s | 43.06 billion real chained 2019 US$ | 38.63 billion real chained 2019 US$ | 48.68 billion real chained 2019 US$ | 10 |
| 2020s | 50.45 billion real chained 2019 US$ | 50.45 billion real chained 2019 US$ | 50.45 billion real chained 2019 US$ | 1 |
Countries ranked near Albania
- 121 Niger 55.99 billion real chained 2019 US$ compare
- 122 Chad 55.35 billion real chained 2019 US$ compare
- 123 Georgia 51.61 billion real chained 2019 US$ compare
- 125 Laos 49.43 billion real chained 2019 US$ compare
- 126 North Macedonia 46.83 billion real chained 2019 US$ compare
- 127 Guinea 44.92 billion real chained 2019 US$ compare
More reference data data for Albania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2845 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.4183 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9734 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0261 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9734 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.954 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6439 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.6 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 4.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.142 (2050)
Frequently asked questions
- What is human capital in Albania?
- Human capital in Albania was 50.45 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest human capital recorded in Albania?
- The highest recorded value was 50.45 billion real chained 2019 US$ in 2020.
- What is the lowest human capital recorded in Albania?
- The lowest recorded value was 37.74 billion real chained 2019 US$ in 1999.
- How does Albania rank for human capital?
- Albania ranks 124th out of 151 countries with data for 2020.
- Is human capital rising or falling in Albania?
- Over the last ten years it is up 24.1%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Human capital (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.