Annual growth rate of real GDP per capita in Albania
Albania: Annual growth rate of real GDP per capita was 4.8% in 2024. ◆ Volatile
Latest (2024)
4.8%
Change on year
up 4.3%
World rank
28th
of 226 countries
All-time high
9.8%
in 2021
All-time low
-2.9%
in 2020
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Albania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth rate of real gdp per capita in Albania is 4.8%, measured in 2024.
That represents a change of up 4.3% on the previous year and up 100.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Albania peaked at 9.8% in 2021 and was at its lowest, -2.9%, in 2020.
Albania ranks 28th of 226 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 8.2% | — |
| 2001 | 9.5% | +15.9% |
| 2002 | 5.1% | -46.3% |
| 2003 | 5.9% | +15.7% |
| 2004 | 5.9% | +0.0% |
| 2005 | 5.9% | +0.0% |
| 2006 | 6.9% | +16.9% |
| 2007 | 7.5% | +8.7% |
| 2008 | 8.0% | +6.7% |
| 2009 | 3.8% | -52.5% |
| 2010 | 4.1% | +7.9% |
| 2011 | 3.1% | -24.4% |
| 2012 | 1.0% | -67.7% |
| 2013 | 1.8% | +80.0% |
| 2014 | 2.4% | +33.3% |
| 2015 | 2.4% | +0.0% |
| 2016 | 3.9% | +62.5% |
| 2017 | 3.3% | -15.4% |
| 2018 | 3.8% | +15.2% |
| 2019 | 2.4% | -36.8% |
| 2020 | -2.9% | -220.8% |
| 2021 | 9.8% | -437.9% |
| 2022 | 5.6% | -42.9% |
| 2023 | 4.6% | -17.9% |
| 2024 | 4.8% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | 3.8% | 9.5% | 10 |
| 2010s | 2.8% | 1.0% | 4.1% | 10 |
| 2020s | 4.4% | -2.9% | 9.8% | 5 |
Countries ranked near Albania
- 28 Armenia 4.8% compare
- 28 Benin 4.8% compare
- 28 Philippines 4.8% compare
- 28 Russian Federation 4.8% compare
- 28 Saint Vincent and the Grenadines 4.8% compare
- 28 Russian Federation 4.8% compare
More economy & growth data for Albania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 341.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 145.41 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0606 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 788.1 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Albania?
- Annual growth rate of real gdp per capita in Albania was 4.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Albania?
- The highest recorded value was 9.8% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Albania?
- The lowest recorded value was -2.9% in 2020.
- How does Albania rank for annual growth rate of real gdp per capita?
- Albania ranks 28th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Albania?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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