GDP (constant LCU) (UNICEF) in Albania
Albania: GDP (constant LCU) (UNICEF) was 2.05 trillion in 2024. ▲ Rising
GDP in Albania, 1980–2024
Source: UNICEF.
Analysis
The most recent figure for gdp in Albania is 2.05 trillion, measured in 2024. That is the highest value across all 45 years on record.
The figure is up 4.0% on the previous year and up 38.8% over ten years.
Over the whole period, gdp in Albania peaked at 2.05 trillion in 2024 and was at its lowest, 486.00 billion, in 1992.
That places Albania 23rd out of 74 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
GDP (constant LCU) (UNICEF) in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 640.70 billion | — |
| 1981 | 677.51 billion | +5.7% |
| 1982 | 697.49 billion | +2.9% |
| 1983 | 705.19 billion | +1.1% |
| 1984 | 696.37 billion | -1.3% |
| 1985 | 708.77 billion | +1.8% |
| 1986 | 748.72 billion | +5.6% |
| 1987 | 742.82 billion | -0.8% |
| 1988 | 732.27 billion | -1.4% |
| 1989 | 804.30 billion | +9.8% |
| 1990 | 727.29 billion | -9.6% |
| 1991 | 523.63 billion | -28.0% |
| 1992 | 486.00 billion | -7.2% |
| 1993 | 532.46 billion | +9.6% |
| 1994 | 576.66 billion | +8.3% |
| 1995 | 653.49 billion | +13.3% |
| 1996 | 701.43 billion | +7.3% |
| 1997 | 619.28 billion | -11.7% |
| 1998 | 670.75 billion | +8.3% |
| 1999 | 752.92 billion | +12.3% |
| 2000 | 809.11 billion | +7.5% |
| 2001 | 880.82 billion | +8.9% |
| 2002 | 921.59 billion | +4.6% |
| 2003 | 970.74 billion | +5.3% |
| 2004 | 1.02 trillion | +5.3% |
| 2005 | 1.07 trillion | +5.1% |
| 2006 | 1.14 trillion | +6.0% |
| 2007 | 1.21 trillion | +6.5% |
| 2008 | 1.30 trillion | +6.9% |
| 2009 | 1.33 trillion | +2.7% |
| 2010 | 1.37 trillion | +3.0% |
| 2011 | 1.41 trillion | +2.5% |
| 2012 | 1.42 trillion | +1.0% |
| 2013 | 1.44 trillion | +1.7% |
| 2014 | 1.48 trillion | +2.2% |
| 2015 | 1.51 trillion | +2.2% |
| 2016 | 1.57 trillion | +3.9% |
| 2017 | 1.62 trillion | +3.3% |
| 2018 | 1.68 trillion | +3.7% |
| 2019 | 1.71 trillion | +2.1% |
| 2020 | 1.66 trillion | -3.3% |
| 2021 | 1.80 trillion | +9.0% |
| 2022 | 1.89 trillion | +4.8% |
| 2023 | 1.97 trillion | +4.0% |
| 2024 | 2.05 trillion | +4.0% |
Albania compared with similar countries
- Albania's 2.05 trillion is above the median for upper middle income countries, which is 508.57 billion, 4.0× the median. (19 countries reporting)
- Albania's 2.05 trillion is above the median for Europe & Central Asia, which is 490.93 billion, 4.2× the median. (52 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (UNICEF) 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 |
|---|---|---|---|
| 1991 | -28.0% | 727.29 billion | 523.63 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 715.41 billion | 640.70 billion | 804.30 billion | 10 |
| 1990s | 624.39 billion | 486.00 billion | 752.92 billion | 10 |
| 2000s | 1.07 trillion | 809.11 billion | 1.33 trillion | 10 |
| 2010s | 1.52 trillion | 1.37 trillion | 1.71 trillion | 10 |
| 2020s | 1.87 trillion | 1.66 trillion | 2.05 trillion | 5 |
Countries ranked near Albania
More economy & growth data for Albania
- Real gdp growth, annual growth rate 0.7721 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 18.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0092 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 119.44 units per person (2025)
- SDRs holdings, SDR, annual growth rate 13.04 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0067 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 87.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -30.02 % change on previous year (2025)
Frequently asked questions
- What is gdp in Albania?
- Gdp in Albania was 2.05 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Albania?
- The highest recorded value was 2.05 trillion in 2024.
- What is the lowest gdp recorded in Albania?
- The lowest recorded value was 486.00 billion in 1992.
- How does Albania rank for gdp?
- Albania ranks 23rd out of 74 countries with data for 2024.
- Is gdp rising or falling in Albania?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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