Gross domestic product: annual data … capita annual in Albania
Albania: Gross domestic product: annual data … capita annual was 26.2% in 2024. ▲ Rising
Latest (2024)
26.2%
Change on year
up 12.0%
World rank
46th
of 51 countries
All-time high
26.2%
in 2024
All-time low
4.0%
in 1997
Years of data
30
1995–2024
Gross domestic product (GDP) and main components per capita - annual in Albania, 1995–2024
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total per capita (based on million euro, EU27 fro.
Analysis
In 2024, gross domestic product (gdp) and main components per capita - annual in Albania stood at 26.2%. That is the highest value across all 30 years on record.
The figure is up 12.0% on the previous year and up 97.0% over ten years.
Over the whole period, gross domestic product (gdp) and main components per capita - annual in Albania peaked at 26.2% in 2024 and was at its lowest, 4.0%, in 1997.
Albania ranks 46th of 51 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Gross domestic product: annual data … capita annual in Albania, year by year
| Year | Percentage of EU27 (from 2020) total per capita (based on million euro, EU27 fro | Change |
|---|---|---|
| 1995 | 4.7% | — |
| 1996 | 5.2% | +10.6% |
| 1997 | 4.0% | -23.1% |
| 1998 | 4.5% | +12.5% |
| 1999 | 5.7% | +26.7% |
| 2000 | 6.9% | +21.1% |
| 2001 | 7.8% | +13.0% |
| 2002 | 7.9% | +1.3% |
| 2003 | 8.3% | +5.1% |
| 2004 | 9.3% | +12.0% |
| 2005 | 10.0% | +7.5% |
| 2006 | 10.5% | +5.0% |
| 2007 | 11.2% | +6.7% |
| 2008 | 12.2% | +8.9% |
| 2009 | 12.6% | +3.3% |
| 2010 | 12.5% | -0.8% |
| 2011 | 12.5% | +0.0% |
| 2012 | 12.8% | +2.4% |
| 2013 | 13.0% | +1.6% |
| 2014 | 13.3% | +2.3% |
| 2015 | 13.6% | +2.3% |
| 2016 | 14.2% | +4.4% |
| 2017 | 14.9% | +4.9% |
| 2018 | 16.2% | +8.7% |
| 2019 | 16.9% | +4.3% |
| 2020 | 17.3% | +2.4% |
| 2021 | 18.3% | +5.8% |
| 2022 | 20.3% | +10.9% |
| 2023 | 23.4% | +15.3% |
| 2024 | 26.2% | +12.0% |
Albania compared with similar countries
- Albania's 26.2% is below the median for Europe & Central Asia, which is 79.4%, 33% of the median. (35 countries reporting)
- Albania's 26.2% is above the median for upper middle income countries, which is 26.2%, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.8% | 4.0% | 5.7% | 5 |
| 2000s | 9.7% | 6.9% | 12.6% | 10 |
| 2010s | 14.0% | 12.5% | 16.9% | 10 |
| 2020s | 21.1% | 17.3% | 26.2% | 5 |
Countries ranked near Albania
- 43 Serbia 33.0% compare
- 44 Serbia 32.9% compare
- 45 Montenegro 31.8% compare
- 47 North Macedonia 22.3% compare
- 47 North Macedonia 22.3% compare
- 49 Bosnia and Herzegovina 20.9% compare
More economy & growth data for Albania
- Real gdp growth, annual growth rate 0.7721 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 18.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0092 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 119.44 units per person (2025)
- SDRs holdings, SDR, annual growth rate 13.04 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0067 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 87.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -30.02 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) and main components per capita - annual in Albania?
- Gross domestic product (gdp) and main components per capita - annual in Albania was 26.2% in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and main components per capita - annual recorded in Albania?
- The highest recorded value was 26.2% in 2024.
- What is the lowest gross domestic product (gdp) and main components per capita - annual recorded in Albania?
- The lowest recorded value was 4.0% in 1997.
- How does Albania rank for gross domestic product (gdp) and main components per capita - annual?
- Albania ranks 46th out of 51 countries with data for 2024.
- Is gross domestic product (gdp) and main components per capita - annual rising or falling in Albania?
- Over the last ten years it is up 97.0%. 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 main components per capita - annual data. Statizoid updates them automatically from the source API.
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