Gross Domestic Product, GDP in millions constant 2021 international $ in Albania
Albania: Gross Domestic Product, GDP in millions constant 2021 international $ was 57,023 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Albania, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Albania is 57,023, measured in 2027. That is the highest value across all 37 years on record.
The figure is up 3.5% on the previous year and up 40.2% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Albania peaked at 57,023 in 2027 and was at its lowest, 12,213, in 1992.
Albania ranks 131st of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 13,158 | — |
| 1992 | 12,213 | -7.2% |
| 1993 | 13,380 | +9.6% |
| 1994 | 14,491 | +8.3% |
| 1995 | 16,422 | +13.3% |
| 1996 | 17,626 | +7.3% |
| 1997 | 15,562 | -11.7% |
| 1998 | 16,855 | +8.3% |
| 1999 | 18,920 | +12.3% |
| 2000 | 20,332 | +7.5% |
| 2001 | 22,134 | +8.9% |
| 2002 | 23,159 | +4.6% |
| 2003 | 24,394 | +5.3% |
| 2004 | 25,678 | +5.3% |
| 2005 | 26,996 | +5.1% |
| 2006 | 28,621 | +6.0% |
| 2007 | 30,481 | +6.5% |
| 2008 | 32,587 | +6.9% |
| 2009 | 33,463 | +2.7% |
| 2010 | 34,458 | +3.0% |
| 2011 | 35,307 | +2.5% |
| 2012 | 35,655 | +1.0% |
| 2013 | 36,263 | +1.7% |
| 2014 | 37,076 | +2.2% |
| 2015 | 37,902 | +2.2% |
| 2016 | 39,383 | +3.9% |
| 2017 | 40,676 | +3.3% |
| 2018 | 42,170 | +3.7% |
| 2019 | 43,039 | +2.1% |
| 2020 | 41,613 | -3.3% |
| 2021 | 45,346 | +9.0% |
| 2022 | 47,535 | +4.8% |
| 2023 | 49,443 | +4.0% |
| 2024 | 51,444 | +4.0% |
| 2025 | 53,171 | +3.4% |
| 2026 | 55,070 | +3.6% |
| 2027 | 57,023 | +3.5% |
Albania compared with similar countries
- Albania's 57,023 is below the median for upper middle income countries, which is 133,081, 43% of the median. (53 countries reporting)
- Albania's 57,023 is below the median for Europe & Central Asia, which is 367,047, 16% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15,403 | 12,213 | 18,920 | 9 |
| 2000s | 26,784 | 20,332 | 33,463 | 10 |
| 2010s | 38,193 | 34,458 | 43,039 | 10 |
| 2020s | 50,081 | 41,613 | 57,023 | 8 |
Countries ranked near Albania
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 in millions constant 2021 international $ in Albania?
- Gross domestic product, gdp in millions constant 2021 international $ in Albania was 57,023 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Albania?
- The highest recorded value was 57,023 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Albania?
- The lowest recorded value was 12,213 in 1992.
- How does Albania rank for gross domestic product, gdp in millions constant 2021 international $?
- Albania ranks 131st out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Albania?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.