Gross domestic product (GDP) in Albania
Albania: Gross domestic product (GDP) was 44.90 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Albania, 1971–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Albania recorded 44.90 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 35.1% over ten years.
Over the whole period, gross domestic product (gdp) in Albania peaked at 44.90 billion international-$ in 2021 prices in 2023 and was at its lowest, 7.43 billion international-$ in 2021 prices, in 1971.
Albania ranks 126th of 184 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.74 billion international-$ in 2021 prices | 7.43 billion international-$ in 2021 prices | 10.10 billion international-$ in 2021 prices | 9 |
| 1980s | 11.78 billion international-$ in 2021 prices | 10.62 billion international-$ in 2021 prices | 13.27 billion international-$ in 2021 prices | 10 |
| 1990s | 12.96 billion international-$ in 2021 prices | 10.12 billion international-$ in 2021 prices | 16.32 billion international-$ in 2021 prices | 10 |
| 2000s | 22.90 billion international-$ in 2021 prices | 15.73 billion international-$ in 2021 prices | 32.09 billion international-$ in 2021 prices | 10 |
| 2010s | 36.07 billion international-$ in 2021 prices | 32.39 billion international-$ in 2021 prices | 40.84 billion international-$ in 2021 prices | 10 |
| 2020s | 42.60 billion international-$ in 2021 prices | 39.10 billion international-$ in 2021 prices | 44.90 billion international-$ in 2021 prices | 4 |
Countries ranked near Albania
- 123 Benin 49.00 billion international-$ in 2021 prices compare
- 124 Macao 46.16 billion international-$ in 2021 prices compare
- 125 Botswana 45.59 billion international-$ in 2021 prices compare
- 127 Rwanda 43.79 billion international-$ in 2021 prices compare
- 128 Trinidad and Tobago 42.33 billion international-$ in 2021 prices compare
- 129 Chad 41.83 billion international-$ in 2021 prices compare
More economy & growth data for Albania
- External balance on goods and services as a percent of GDP -5.5% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 6,877 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 6.0% (2025)
- Gross domestic product (GDP) 16.16 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 6,877 constant 2015 US$ (2025)
- DEC alternative conversion factor 86.8 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 132.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.53 billion current US$ (2025)
- Taxes less subsidies on products 362.03 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Albania?
- Gross domestic product (gdp) in Albania was 44.90 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Albania?
- The highest recorded value was 44.90 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Albania?
- The lowest recorded value was 7.43 billion international-$ in 2021 prices in 1971.
- How does Albania rank for gross domestic product (gdp)?
- Albania ranks 126th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Albania?
- Over the last ten years it is up 35.1%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – 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
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.