Gross domestic product (GDP) and Gross value added (GVA) in volume by in Albania
Albania: Gross domestic product (GDP) and Gross value added (GVA) in volume by was 118 Index, 2020=100 in 2023. ▲ Rising
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Albania, 2008–2023
Source: Eurostat. Measured in Index, 2020=100.
Analysis
The most recent figure for gross domestic product (gdp) and gross value added (gva) in volume by in Albania is 118 Index, 2020=100, measured in 2023. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 37.5% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Albania peaked at 118 Index, 2020=100 in 2023 and was at its lowest, 76.1 Index, 2020=100, in 2008.
That places Albania 13th out of 43 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Albania, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2008 | 76.1 Index, 2020=100 | — |
| 2009 | 78.4 Index, 2020=100 | +3.0% |
| 2010 | 80.7 Index, 2020=100 | +2.9% |
| 2011 | 83.5 Index, 2020=100 | +3.5% |
| 2012 | 84.3 Index, 2020=100 | +1.0% |
| 2013 | 85.8 Index, 2020=100 | +1.8% |
| 2014 | 87.4 Index, 2020=100 | +1.9% |
| 2015 | 89.6 Index, 2020=100 | +2.5% |
| 2016 | 93 Index, 2020=100 | +3.8% |
| 2017 | 96.3 Index, 2020=100 | +3.5% |
| 2018 | 99.9 Index, 2020=100 | +3.7% |
| 2019 | 102.5 Index, 2020=100 | +2.6% |
| 2020 | 100 Index, 2020=100 | -2.4% |
| 2021 | 106.9 Index, 2020=100 | +6.9% |
| 2022 | 112.5 Index, 2020=100 | +5.2% |
| 2023 | 118 Index, 2020=100 | +4.9% |
Albania compared with similar countries
- Albania's 118 Index, 2020=100 is above the median for Europe & Central Asia, which is 113.3 Index, 2020=100, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.25 Index, 2020=100 | 76.1 Index, 2020=100 | 78.4 Index, 2020=100 | 2 |
| 2010s | 90.3 Index, 2020=100 | 80.7 Index, 2020=100 | 102.5 Index, 2020=100 | 10 |
| 2020s | 109.35 Index, 2020=100 | 100 Index, 2020=100 | 118 Index, 2020=100 | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 341.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 145.41 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0606 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 788.1 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) and gross value added (gva) in volume by in Albania?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Albania was 118 Index, 2020=100 in 2023, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Albania?
- The highest recorded value was 118 Index, 2020=100 in 2023.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Albania?
- The lowest recorded value was 76.1 Index, 2020=100 in 2008.
- How does Albania rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Albania ranks 13th out of 43 countries with data for 2023.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Albania?
- Over the last ten years it is up 37.5%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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