Gross domestic product (GDP) in Albania

Albania: Gross domestic product (GDP) was 36.17 billion international-$ in 2011 prices in 2022. ◆ Volatile

Latest (2022)
36.17 billion international-$ in 2011 prices
Change on year
up 3.7%
World rank
121st
of 165 countries
All-time high
36.17 billion international-$ in 2011 prices
in 2022
All-time low
428.73 million international-$ in 2011 prices
in 1870
Years of data
79
1870–2022

Gross domestic product (GDP) in Albania, 1870–2022

010.0B20.0B30.0B40.0B187019462022

Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.

Analysis

In 2022, gross domestic product (gdp) in Albania stood at 36.17 billion international-$ in 2011 prices. That is the highest value across all 79 years on record.

Compared with earlier readings it is up 3.7% on the previous year and up 30.0% over ten years.

Over the whole period, gross domestic product (gdp) in Albania peaked at 36.17 billion international-$ in 2011 prices in 2022 and was at its lowest, 428.73 million international-$ in 2011 prices, in 1870.

Albania ranks 121st of 165 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.

Averages by decade

DecadeAverage LowestHighest Years
1870s 428.73 million international-$ in 2011 prices 428.73 million international-$ in 2011 prices 428.73 million international-$ in 2011 prices 1
1890s 691.88 million international-$ in 2011 prices 691.88 million international-$ in 2011 prices 691.88 million international-$ in 2011 prices 1
1900s 873.60 million international-$ in 2011 prices 873.60 million international-$ in 2011 prices 873.60 million international-$ in 2011 prices 1
1910s 1.12 billion international-$ in 2011 prices 1.09 billion international-$ in 2011 prices 1.16 billion international-$ in 2011 prices 2
1920s 1.44 billion international-$ in 2011 prices 1.44 billion international-$ in 2011 prices 1.44 billion international-$ in 2011 prices 1
1950s 2.59 billion international-$ in 2011 prices 1.96 billion international-$ in 2011 prices 3.46 billion international-$ in 2011 prices 10
1960s 4.96 billion international-$ in 2011 prices 3.75 billion international-$ in 2011 prices 6.47 billion international-$ in 2011 prices 10
1970s 8.51 billion international-$ in 2011 prices 6.89 billion international-$ in 2011 prices 9.73 billion international-$ in 2011 prices 10
1980s 11.26 billion international-$ in 2011 prices 9.99 billion international-$ in 2011 prices 12.62 billion international-$ in 2011 prices 10
1990s 11.21 billion international-$ in 2011 prices 8.75 billion international-$ in 2011 prices 13.67 billion international-$ in 2011 prices 10
2000s 20.19 billion international-$ in 2011 prices 14.74 billion international-$ in 2011 prices 25.82 billion international-$ in 2011 prices 10
2010s 29.54 billion international-$ in 2011 prices 26.75 billion international-$ in 2011 prices 33.29 billion international-$ in 2011 prices 10
2020s 34.39 billion international-$ in 2011 prices 32.13 billion international-$ in 2011 prices 36.17 billion international-$ in 2011 prices 3

Countries ranked near Albania

  1. 118 Madagascar 38.60 billion international-$ in 2011 prices compare
  2. 119 Trinidad and Tobago 37.51 billion international-$ in 2011 prices compare
  3. 120 Burkina Faso 37.32 billion international-$ in 2011 prices compare
  4. 123 Gabon 36.04 billion international-$ in 2011 prices compare
  5. 124 Cyprus 34.26 billion international-$ in 2011 prices compare

See the full ranking of 166 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is gross domestic product (gdp) in Albania?
Gross domestic product (gdp) in Albania was 36.17 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
What is the highest gross domestic product (gdp) recorded in Albania?
The highest recorded value was 36.17 billion international-$ in 2011 prices in 2022.
What is the lowest gross domestic product (gdp) recorded in Albania?
The lowest recorded value was 428.73 million international-$ in 2011 prices in 1870.
How does Albania rank for gross domestic product (gdp)?
Albania ranks 121st out of 165 countries with data for 2022.
Is gross domestic product (gdp) rising or falling in Albania?
Over the last ten years it is up 30.0%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross domestic product (GDP)
Unit
international-$ in 2011 prices
Source
Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 15,675 data points, 1000–2022
Last refreshed

Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.