GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Albania

Albania: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.69 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.69 % change on previous year
Change on year
down 40.9%
World rank
141st
of 209 countries
All-time high
232.99 % change on previous year
in 1992
All-time low
-2.34 % change on previous year
in 1986
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Albania, 1971–2024

050100150200250197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Albania is 2.69 % change on previous year, measured in 2024.

Compared with earlier readings it is down 40.9% on the previous year and up 73.5% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Albania peaked at 232.99 % change on previous year in 1992 and was at its lowest, -2.34 % change on previous year, in 1986.

That places Albania 141st out of 209 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Albania, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Albania, 1971 to 2024.
Year % change on previous year Change
1971 -1.09 % change on previous year
1972 -1.1 % change on previous year +0.9%
1973 -1.1 % change on previous year -0.2%
1974 -1.07 % change on previous year -2.2%
1975 -1.13 % change on previous year +5.2%
1976 -1.09 % change on previous year -3.4%
1977 -0.9985 % change on previous year -8.3%
1978 -1.29 % change on previous year +29.5%
1979 -0.9735 % change on previous year -24.7%
1980 -0.7298 % change on previous year -25.0%
1981 -2.18 % change on previous year +199.0%
1982 -0.0163 % change on previous year -99.3%
1983 -0.0106 % change on previous year -35.0%
1984 -0.0347 % change on previous year +227.0%
1985 0.3521 % change on previous year -1113.3%
1986 -2.34 % change on previous year -763.9%
1987 0 % change on previous year -100.0%
1988 0 % change on previous year
1989 0 % change on previous year
1990 0 % change on previous year
1991 35.51 % change on previous year
1992 232.99 % change on previous year +556.0%
1993 125.65 % change on previous year -46.1%
1994 35.84 % change on previous year -71.5%
1995 9.97 % change on previous year -72.2%
1996 40.7 % change on previous year +308.2%
1997 11.24 % change on previous year -72.4%
1998 6.73 % change on previous year -40.1%
1999 2.1 % change on previous year -68.8%
2000 5.65 % change on previous year +168.6%
2001 3.81 % change on previous year -32.5%
2002 3.65 % change on previous year -4.3%
2003 5.2 % change on previous year +42.5%
2004 3.15 % change on previous year -39.4%
2005 3.31 % change on previous year +4.9%
2006 2.48 % change on previous year -25.1%
2007 4.39 % change on previous year +77.0%
2008 4.12 % change on previous year -6.1%
2009 2.42 % change on previous year -41.3%
2010 4.49 % change on previous year +85.8%
2011 2.31 % change on previous year -48.5%
2012 1.04 % change on previous year -55.0%
2013 0.2882 % change on previous year -72.4%
2014 1.55 % change on previous year +437.6%
2015 0.5644 % change on previous year -63.6%
2016 -0.6323 % change on previous year -212.0%
2017 1.45 % change on previous year -329.6%
2018 1.47 % change on previous year +1.5%
2019 1.26 % change on previous year -14.7%
2020 0.697 % change on previous year -44.5%
2021 3.45 % change on previous year +395.4%
2022 9.87 % change on previous year +185.7%
2023 4.55 % change on previous year -53.8%
2024 2.69 % change on previous year -40.9%

Albania compared with similar countries

  • Albania's 2.69 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year, 70% of the median. (51 countries reporting)
  • Albania's 2.69 % change on previous year is below the median for Europe & Central Asia, which is 3.37 % change on previous year, 80% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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.

YearChange FromTo
1985 +1113.3% -0.0347 % change on previous year 0.3521 % change on previous year
1986 -763.9% 0.3521 % change on previous year -2.34 % change on previous year
1992 +556.0% 35.51 % change on previous year 232.99 % change on previous year
2014 +437.6% 0.2882 % change on previous year 1.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -1.09 % change on previous year -1.29 % change on previous year -0.9735 % change on previous year 9
1980s -0.4959 % change on previous year -2.34 % change on previous year 0.3521 % change on previous year 10
1990s 50.07 % change on previous year 0 % change on previous year 232.99 % change on previous year 10
2000s 3.82 % change on previous year 2.42 % change on previous year 5.65 % change on previous year 10
2010s 1.38 % change on previous year -0.6323 % change on previous year 4.49 % change on previous year 10
2020s 4.25 % change on previous year 0.697 % change on previous year 9.87 % change on previous year 5

Countries ranked near Albania

  1. 138 Eswatini 2.75 % change on previous year compare
  2. 139 Togo 2.74 % change on previous year compare
  3. 140 Barbados 2.71 % change on previous year compare
  4. 142 Australia 2.63 % change on previous year compare
  5. 143 Nepal 2.61 % change on previous year compare
  6. 144 Paraguay 2.59 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Albania?
Gdp deflator — value standard local currency, 2015 prices, annual in Albania was 2.69 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Albania?
The highest recorded value was 232.99 % change on previous year in 1992.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Albania?
The lowest recorded value was -2.34 % change on previous year in 1986.
How does Albania rank for gdp deflator — value standard local currency, 2015 prices, annual?
Albania ranks 141st out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Albania?
Over the last ten years it is up 73.5%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Albania. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/albania/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.