GDP Deflator — Value Standard Local Currency, 2015 prices in Albania
Albania: GDP Deflator — Value Standard Local Currency, 2015 prices was 127.28 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Albania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Albania recorded 127.28 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.7% on the previous year and up 28.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Albania peaked at 127.28 SLC in 2024 and was at its lowest, 2.4 SLC, in 1987.
Albania ranks 123rd of 194 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.
GDP Deflator — Value Standard Local Currency, 2015 prices in Albania, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 2.78 SLC | — |
| 1971 | 2.75 SLC | -1.1% |
| 1972 | 2.72 SLC | -1.1% |
| 1973 | 2.69 SLC | -1.1% |
| 1974 | 2.66 SLC | -1.1% |
| 1975 | 2.63 SLC | -1.1% |
| 1976 | 2.6 SLC | -1.1% |
| 1977 | 2.58 SLC | -1.0% |
| 1978 | 2.54 SLC | -1.3% |
| 1979 | 2.52 SLC | -1.0% |
| 1980 | 2.5 SLC | -0.7% |
| 1981 | 2.45 SLC | -2.2% |
| 1982 | 2.45 SLC | -0.0% |
| 1983 | 2.45 SLC | -0.0% |
| 1984 | 2.45 SLC | -0.0% |
| 1985 | 2.45 SLC | +0.4% |
| 1986 | 2.4 SLC | -2.3% |
| 1987 | 2.4 SLC | +0.0% |
| 1988 | 2.4 SLC | +0.0% |
| 1989 | 2.4 SLC | +0.0% |
| 1990 | 2.4 SLC | +0.0% |
| 1991 | 3.25 SLC | +35.5% |
| 1992 | 10.81 SLC | +233.0% |
| 1993 | 24.4 SLC | +125.6% |
| 1994 | 33.15 SLC | +35.8% |
| 1995 | 36.45 SLC | +10.0% |
| 1996 | 51.29 SLC | +40.7% |
| 1997 | 57.06 SLC | +11.2% |
| 1998 | 60.9 SLC | +6.7% |
| 1999 | 62.18 SLC | +2.1% |
| 2000 | 65.69 SLC | +5.6% |
| 2001 | 68.19 SLC | +3.8% |
| 2002 | 70.68 SLC | +3.6% |
| 2003 | 74.36 SLC | +5.2% |
| 2004 | 76.7 SLC | +3.2% |
| 2005 | 79.24 SLC | +3.3% |
| 2006 | 81.2 SLC | +2.5% |
| 2007 | 84.76 SLC | +4.4% |
| 2008 | 88.25 SLC | +4.1% |
| 2009 | 90.39 SLC | +2.4% |
| 2010 | 94.45 SLC | +4.5% |
| 2011 | 96.63 SLC | +2.3% |
| 2012 | 97.64 SLC | +1.0% |
| 2013 | 97.92 SLC | +0.3% |
| 2014 | 99.44 SLC | +1.5% |
| 2015 | 100 SLC | +0.6% |
| 2016 | 99.37 SLC | -0.6% |
| 2017 | 100.81 SLC | +1.5% |
| 2018 | 102.3 SLC | +1.5% |
| 2019 | 103.58 SLC | +1.3% |
| 2020 | 104.3 SLC | +0.7% |
| 2021 | 107.9 SLC | +3.5% |
| 2022 | 118.55 SLC | +9.9% |
| 2023 | 123.95 SLC | +4.6% |
| 2024 | 127.28 SLC | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.65 SLC | 2.52 SLC | 2.78 SLC | 10 |
| 1980s | 2.43 SLC | 2.4 SLC | 2.5 SLC | 10 |
| 1990s | 34.19 SLC | 2.4 SLC | 62.18 SLC | 10 |
| 2000s | 77.95 SLC | 65.69 SLC | 90.39 SLC | 10 |
| 2010s | 99.21 SLC | 94.45 SLC | 103.58 SLC | 10 |
| 2020s | 116.4 SLC | 104.3 SLC | 127.28 SLC | 5 |
Countries ranked near Albania
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 74.95 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 974,200 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.4535 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 5,895 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 59.92 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Albania?
- Gdp deflator — value standard local currency, 2015 prices in Albania was 127.28 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Albania?
- The highest recorded value was 127.28 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Albania?
- The lowest recorded value was 2.4 SLC in 1987.
- How does Albania rank for gdp deflator — value standard local currency, 2015 prices?
- Albania ranks 123rd out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Albania?
- Over the last ten years it is up 28.0%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).