Gross domestic product (GDP), Current prices, Domestic currency in Albania
Albania: Gross domestic product (GDP), Current prices, Domestic currency was 1,678 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Albania, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Albania is 1,678, measured in 2019. That is the highest value across all 50 years on record.
The figure is up 2.6% on the previous year and up 46.7% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Albania peaked at 1,678 in 2019 and was at its lowest, 11.33, in 1970.
That places Albania 86th out of 194 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 11.33 | — |
| 1971 | 11.65 | +2.9% |
| 1972 | 11.99 | +2.9% |
| 1973 | 12.33 | +2.9% |
| 1974 | 12.69 | +2.9% |
| 1975 | 13.05 | +2.9% |
| 1976 | 13.43 | +2.9% |
| 1977 | 13.8 | +2.8% |
| 1978 | 14.21 | +3.0% |
| 1979 | 14.63 | +2.9% |
| 1980 | 14.99 | +2.5% |
| 1981 | 15.51 | +3.4% |
| 1982 | 15.96 | +2.9% |
| 1983 | 16.14 | +1.1% |
| 1984 | 15.93 | -1.3% |
| 1985 | 16.27 | +2.1% |
| 1986 | 16.78 | +3.1% |
| 1987 | 16.65 | -0.8% |
| 1988 | 16.41 | -1.4% |
| 1989 | 18.03 | +9.8% |
| 1990 | 16.23 | -10.0% |
| 1991 | 15.83 | -2.4% |
| 1992 | 48.93 | +209.1% |
| 1993 | 120.98 | +147.2% |
| 1994 | 177.98 | +47.1% |
| 1995 | 221.8 | +24.6% |
| 1996 | 334.36 | +50.7% |
| 1997 | 331.32 | -0.9% |
| 1998 | 384.85 | +16.2% |
| 1999 | 443.59 | +15.3% |
| 2000 | 501.2 | +13.0% |
| 2001 | 563.45 | +12.4% |
| 2002 | 610.49 | +8.3% |
| 2003 | 677.74 | +11.0% |
| 2004 | 737.66 | +8.8% |
| 2005 | 804.16 | +9.0% |
| 2006 | 872.74 | +8.5% |
| 2007 | 965.53 | +10.6% |
| 2008 | 1,081 | +11.9% |
| 2009 | 1,144 | +5.9% |
| 2010 | 1,240 | +8.4% |
| 2011 | 1,301 | +4.9% |
| 2012 | 1,333 | +2.5% |
| 2013 | 1,350 | +1.3% |
| 2014 | 1,395 | +3.4% |
| 2015 | 1,434 | +2.8% |
| 2016 | 1,472 | +2.7% |
| 2017 | 1,551 | +5.3% |
| 2018 | 1,636 | +5.5% |
| 2019 | 1,678 | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.91 | 11.33 | 14.63 | 10 |
| 1980s | 16.27 | 14.99 | 18.03 | 10 |
| 1990s | 209.59 | 15.83 | 443.59 | 10 |
| 2000s | 795.76 | 501.2 | 1,144 | 10 |
| 2010s | 1,439 | 1,240 | 1,678 | 10 |
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), current prices, domestic currency in Albania?
- Gross domestic product (gdp), current prices, domestic currency in Albania was 1,678 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Albania?
- The highest recorded value was 1,678 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Albania?
- The lowest recorded value was 11.33 in 1970.
- How does Albania rank for gross domestic product (gdp), current prices, domestic currency?
- Albania ranks 86th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Albania?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. 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.