Gross Domestic Product — Value Standard Local Currency, 2015 prices in Albania
Albania: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0001 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Albania, 1980–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Albania stood at 0.0001 million SLC per US$ of GDP. That is the lowest value across all 45 years on record.
That represents a change of down 9.7% on the previous year and down 32.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Albania peaked at 0.0007 million SLC per US$ of GDP in 1992 and was at its lowest, 0.0001 million SLC per US$ of GDP, in 2024.
Albania ranks 56th of 193 countries on this measure, 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 — Value Standard Local Currency, 2015 prices in Albania, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0004 million SLC per US$ of GDP | — |
| 1981 | 0.0004 million SLC per US$ of GDP | -7.7% |
| 1982 | 0.0004 million SLC per US$ of GDP | +0.0% |
| 1983 | 0.0004 million SLC per US$ of GDP | +0.0% |
| 1984 | 0.0004 million SLC per US$ of GDP | +0.0% |
| 1985 | 0.0003 million SLC per US$ of GDP | -0.4% |
| 1986 | 0.0003 million SLC per US$ of GDP | -4.5% |
| 1987 | 0.0003 million SLC per US$ of GDP | +0.0% |
| 1988 | 0.0003 million SLC per US$ of GDP | +0.0% |
| 1989 | 0.0003 million SLC per US$ of GDP | +0.0% |
| 1990 | 0.0003 million SLC per US$ of GDP | -0.0% |
| 1991 | 0.0004 million SLC per US$ of GDP | +32.8% |
| 1992 | 0.0007 million SLC per US$ of GDP | +56.5% |
| 1993 | 0.0004 million SLC per US$ of GDP | -39.7% |
| 1994 | 0.0003 million SLC per US$ of GDP | -31.8% |
| 1995 | 0.0002 million SLC per US$ of GDP | -26.6% |
| 1996 | 0.0002 million SLC per US$ of GDP | -3.8% |
| 1997 | 0.0003 million SLC per US$ of GDP | +25.6% |
| 1998 | 0.0002 million SLC per US$ of GDP | -4.0% |
| 1999 | 0.0002 million SLC per US$ of GDP | -10.6% |
| 2000 | 0.0002 million SLC per US$ of GDP | -2.0% |
| 2001 | 0.0002 million SLC per US$ of GDP | -4.4% |
| 2002 | 0.0002 million SLC per US$ of GDP | -6.0% |
| 2003 | 0.0002 million SLC per US$ of GDP | -17.9% |
| 2004 | 0.0001 million SLC per US$ of GDP | -17.3% |
| 2005 | 0.0001 million SLC per US$ of GDP | -5.3% |
| 2006 | 0.0001 million SLC per US$ of GDP | -4.4% |
| 2007 | 0.0001 million SLC per US$ of GDP | -12.8% |
| 2008 | 0.0001 million SLC per US$ of GDP | -9.9% |
| 2009 | 0.0001 million SLC per US$ of GDP | +11.1% |
| 2010 | 0.0001 million SLC per US$ of GDP | +5.8% |
| 2011 | 0.0001 million SLC per US$ of GDP | -4.5% |
| 2012 | 0.0001 million SLC per US$ of GDP | +7.4% |
| 2013 | 0.0001 million SLC per US$ of GDP | -3.3% |
| 2014 | 0.0001 million SLC per US$ of GDP | -2.0% |
| 2015 | 0.0001 million SLC per US$ of GDP | +18.5% |
| 2016 | 0.0001 million SLC per US$ of GDP | -1.2% |
| 2017 | 0.0001 million SLC per US$ of GDP | -6.1% |
| 2018 | 0.0001 million SLC per US$ of GDP | -10.3% |
| 2019 | 0.0001 million SLC per US$ of GDP | +0.7% |
| 2020 | 0.0001 million SLC per US$ of GDP | -1.1% |
| 2021 | 0.0001 million SLC per US$ of GDP | -7.9% |
| 2022 | 0.0001 million SLC per US$ of GDP | -0.6% |
| 2023 | 0.0001 million SLC per US$ of GDP | -16.3% |
| 2024 | 0.0001 million SLC per US$ of GDP | -9.7% |
Albania compared with similar countries
- Albania's 0.0001 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 9.8× the median. (54 countries reporting)
- Albania's 0.0001 million SLC per US$ of GDP is above the median for Europe & Central Asia, which is 0 million SLC per US$ of GDP, 78.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1992 | +56.5% | 0.0004 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP |
| 1991 | +32.8% | 0.0003 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP |
| 1993 | -39.7% | 0.0007 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0003 million SLC per US$ of GDP | 0.0003 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 10 |
| 1990s | 0.0003 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 10 |
| 2000s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2010s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 10 |
| 2020s | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 5 |
Countries ranked near Albania
- 53 Nepal 0.0001 million SLC per US$ of GDP compare
- 54 Jamaica 0.0001 million SLC per US$ of GDP compare
- 55 Vanuatu 0.0001 million SLC per US$ of GDP compare
- 57 Bangladesh 0.0001 million SLC per US$ of GDP compare
- 58 Serbia 0.0001 million SLC per US$ of GDP compare
- 59 India 0.0001 million SLC per US$ of GDP 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$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Albania?
- Gross domestic product — value standard local currency, 2015 prices in Albania was 0.0001 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Albania?
- The highest recorded value was 0.0007 million SLC per US$ of GDP in 1992.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Albania?
- The lowest recorded value was 0.0001 million SLC per US$ of GDP in 2024.
- How does Albania rank for gross domestic product — value standard local currency, 2015 prices?
- Albania ranks 56th out of 193 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Albania?
- Over the last ten years it is down 32.0%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.