Direct disaster economic loss in Albania
Albania: Direct disaster economic loss was 17.94 million current united states dollars in 2024. ◆ Volatile
Latest (2024)
17.94 million current united states dollars
Change on year
down 77.5%
World rank
65th
of 130 countries
All-time high
79.58 million current united states dollars
in 2023
All-time low
237 current united states dollars
in 2013
Years of data
17
2005–2024
Direct disaster economic loss in Albania, 2005–2024
Source: UN Office for Disaster Risk Reduction – processed by Our World in Data. Measured in current united states dollars.
Analysis
Albania recorded 17.94 million current united states dollars for direct disaster economic loss in 2024.
That represents a change of down 77.5% on the previous year and up 143.3% over ten years.
Over the whole period, direct disaster economic loss in Albania peaked at 79.58 million current united states dollars in 2023 and was at its lowest, 237 current united states dollars, in 2013.
Albania ranks 65th of 130 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Direct disaster economic loss in Albania, year by year
| Year | current united states dollars | Change |
|---|---|---|
| 2005 | 1.08 million current united states dollars | — |
| 2006 | 116,484 current united states dollars | -89.2% |
| 2007 | 98,219 current united states dollars | -15.7% |
| 2008 | 1.34 million current united states dollars | +1260.7% |
| 2009 | 482,689 current united states dollars | -63.9% |
| 2010 | 75.97 million current united states dollars | +15639.0% |
| 2011 | 2.43 million current united states dollars | -96.8% |
| 2012 | 3.75 million current united states dollars | +54.4% |
| 2013 | 237 current united states dollars | -100.0% |
| 2014 | 7.37 million current united states dollars | +3110119.4% |
| 2015 | 319,422 current united states dollars | -95.7% |
| 2016 | 158,534 current united states dollars | -50.4% |
| 2018 | 5.39 million current united states dollars | +3297.6% |
| 2019 | 2.97 million current united states dollars | -44.9% |
| 2022 | 7.76 million current united states dollars | +161.6% |
| 2023 | 79.58 million current united states dollars | +925.7% |
| 2024 | 17.94 million current united states dollars | -77.5% |
Albania compared with similar countries
- Albania's 17.94 million current united states dollars is above the median for upper middle income countries, which is 9.95 million current united states dollars, 1.8× the median. (46 countries reporting)
- Albania's 17.94 million current united states dollars is above the median for Europe & Central Asia, which is 17.64 million current united states dollars, 1.0× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Direct disaster economic loss in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +3110119.4% | 237 current united states dollars | 7.37 million current united states dollars |
| 2010 | +15639.0% | 482,689 current united states dollars | 75.97 million current united states dollars |
| 2018 | +3297.6% | 158,534 current united states dollars | 5.39 million current united states dollars |
| 2008 | +1260.7% | 98,219 current united states dollars | 1.34 million current united states dollars |
| 2023 | +925.7% | 7.76 million current united states dollars | 79.58 million current united states dollars |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 622,526 current united states dollars | 98,219 current united states dollars | 1.34 million current united states dollars | 5 |
| 2010s | 10.93 million current united states dollars | 237 current united states dollars | 75.97 million current united states dollars | 9 |
| 2020s | 35.09 million current united states dollars | 7.76 million current united states dollars | 79.58 million current united states dollars | 3 |
Countries ranked near Albania
- 62 Dominica 20.11 million current united states dollars compare
- 63 Saint Vincent and the Grenadines 19.73 million current united states dollars compare
- 64 Pakistan 18.25 million current united states dollars compare
- 66 Eswatini 17.46 million current united states dollars compare
- 67 Kyrgyzstan 17.34 million current united states dollars compare
- 68 Panama 16.39 million current united states dollars 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 direct disaster economic loss in Albania?
- Direct disaster economic loss in Albania was 17.94 million current united states dollars in 2024, according to UN Office for Disaster Risk Reduction – processed by Our World in Data.
- What is the highest direct disaster economic loss recorded in Albania?
- The highest recorded value was 79.58 million current united states dollars in 2023.
- What is the lowest direct disaster economic loss recorded in Albania?
- The lowest recorded value was 237 current united states dollars in 2013.
- How does Albania rank for direct disaster economic loss?
- Albania ranks 65th out of 130 countries with data for 2024.
- Is direct disaster economic loss rising or falling in Albania?
- Over the last ten years it is up 143.3%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from UN Office for Disaster Risk Reduction – processed by Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.
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About this data
Direct economic loss attributed to disasters (current United States dollars).