Gross domestic product (GDP), Constant prices, Purchasing power in Albania
Albania: Gross domestic product (GDP), Constant prices, Purchasing power was 37.19 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Albania, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Albania is 37.19, measured in 2019. That is the highest value across all 50 years on record.
That represents a change of up 2.2% on the previous year and up 29.3% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Albania peaked at 37.19 in 2019 and was at its lowest, 9.08, in 1970.
Albania ranks 126th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 9.08 | — |
| 1971 | 9.44 | +4.0% |
| 1972 | 9.82 | +4.0% |
| 1973 | 10.22 | +4.0% |
| 1974 | 10.62 | +4.0% |
| 1975 | 11.05 | +4.1% |
| 1976 | 11.5 | +4.0% |
| 1977 | 11.94 | +3.8% |
| 1978 | 12.45 | +4.3% |
| 1979 | 12.95 | +4.0% |
| 1980 | 13.37 | +3.2% |
| 1981 | 14.13 | +5.7% |
| 1982 | 14.55 | +2.9% |
| 1983 | 14.71 | +1.1% |
| 1984 | 14.53 | -1.3% |
| 1985 | 14.79 | +1.8% |
| 1986 | 15.61 | +5.6% |
| 1987 | 15.49 | -0.8% |
| 1988 | 15.27 | -1.4% |
| 1989 | 16.77 | +9.8% |
| 1990 | 15.1 | -10.0% |
| 1991 | 10.87 | -28.0% |
| 1992 | 10.09 | -7.2% |
| 1993 | 11.05 | +9.6% |
| 1994 | 11.97 | +8.3% |
| 1995 | 13.57 | +13.3% |
| 1996 | 14.8 | +9.1% |
| 1997 | 13.2 | -10.8% |
| 1998 | 14.36 | +8.8% |
| 1999 | 16.21 | +12.9% |
| 2000 | 17.34 | +6.9% |
| 2001 | 18.78 | +8.3% |
| 2002 | 19.63 | +4.5% |
| 2003 | 20.72 | +5.5% |
| 2004 | 21.86 | +5.5% |
| 2005 | 23.07 | +5.5% |
| 2006 | 24.43 | +5.9% |
| 2007 | 25.89 | +6.0% |
| 2008 | 27.83 | +7.5% |
| 2009 | 28.77 | +3.4% |
| 2010 | 29.83 | +3.7% |
| 2011 | 30.59 | +2.5% |
| 2012 | 31.02 | +1.4% |
| 2013 | 31.34 | +1.0% |
| 2014 | 31.89 | +1.8% |
| 2015 | 32.6 | +2.2% |
| 2016 | 33.68 | +3.3% |
| 2017 | 34.96 | +3.8% |
| 2018 | 36.38 | +4.1% |
| 2019 | 37.19 | +2.2% |
Albania compared with similar countries
- Albania's 37.19 is below the median for upper middle income countries, which is 73.89, 50% of the median. (57 countries reporting)
- Albania's 37.19 is below the median for Europe & Central Asia, which is 268.6, 14% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -28.0% | 15.1 | 10.87 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.91 | 9.08 | 12.95 | 10 |
| 1980s | 14.92 | 13.37 | 16.77 | 10 |
| 1990s | 13.12 | 10.09 | 16.21 | 10 |
| 2000s | 22.83 | 17.34 | 28.77 | 10 |
| 2010s | 32.95 | 29.83 | 37.19 | 10 |
Countries ranked near Albania
- 123 Botswana 38.42 compare
- 124 Papua New Guinea 38.42 compare
- 125 Mozambique 38.38 compare
- 127 Mongolia 36.59 compare
- 128 Trinidad and Tobago 35.72 compare
- 129 North Macedonia 33.72 compare
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), constant prices, purchasing power in Albania?
- Gross domestic product (gdp), constant prices, purchasing power in Albania was 37.19 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Albania?
- The highest recorded value was 37.19 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Albania?
- The lowest recorded value was 9.08 in 1970.
- How does Albania rank for gross domestic product (gdp), constant prices, purchasing power?
- Albania ranks 126th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Albania?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.