Gross Domestic Product — Value US$, 2015 prices in Albania
Albania: Gross Domestic Product — Value US$, 2015 prices was 15,399 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Albania, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Albania recorded 15,399 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.0% on the previous year and up 38.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Albania peaked at 15,399 million USD in 2024 and was at its lowest, 3,233 million USD, in 1970.
That places Albania 129th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Albania, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,233 million USD | — |
| 1971 | 3,362 million USD | +4.0% |
| 1972 | 3,497 million USD | +4.0% |
| 1973 | 3,638 million USD | +4.0% |
| 1974 | 3,782 million USD | +4.0% |
| 1975 | 3,936 million USD | +4.1% |
| 1976 | 4,094 million USD | +4.0% |
| 1977 | 4,251 million USD | +3.8% |
| 1978 | 4,434 million USD | +4.3% |
| 1979 | 4,610 million USD | +4.0% |
| 1980 | 4,759 million USD | +3.2% |
| 1981 | 5,032 million USD | +5.7% |
| 1982 | 5,180 million USD | +2.9% |
| 1983 | 5,238 million USD | +1.1% |
| 1984 | 5,172 million USD | -1.3% |
| 1985 | 5,264 million USD | +1.8% |
| 1986 | 5,559 million USD | +5.6% |
| 1987 | 5,515 million USD | -0.8% |
| 1988 | 5,436 million USD | -1.4% |
| 1989 | 5,971 million USD | +9.8% |
| 1990 | 5,376 million USD | -10.0% |
| 1991 | 3,871 million USD | -28.0% |
| 1992 | 3,592 million USD | -7.2% |
| 1993 | 3,936 million USD | +9.6% |
| 1994 | 4,263 million USD | +8.3% |
| 1995 | 4,830 million USD | +13.3% |
| 1996 | 5,175 million USD | +7.1% |
| 1997 | 4,610 million USD | -10.9% |
| 1998 | 5,017 million USD | +8.8% |
| 1999 | 5,664 million USD | +12.9% |
| 2000 | 6,057 million USD | +6.9% |
| 2001 | 6,559 million USD | +8.3% |
| 2002 | 6,857 million USD | +4.5% |
| 2003 | 7,236 million USD | +5.5% |
| 2004 | 7,635 million USD | +5.5% |
| 2005 | 8,057 million USD | +5.5% |
| 2006 | 8,533 million USD | +5.9% |
| 2007 | 9,043 million USD | +6.0% |
| 2008 | 9,722 million USD | +7.5% |
| 2009 | 10,048 million USD | +3.4% |
| 2010 | 10,420 million USD | +3.7% |
| 2011 | 10,685 million USD | +2.5% |
| 2012 | 10,837 million USD | +1.4% |
| 2013 | 10,945 million USD | +1.0% |
| 2014 | 11,140 million USD | +1.8% |
| 2015 | 11,387 million USD | +2.2% |
| 2016 | 11,764 million USD | +3.3% |
| 2017 | 12,212 million USD | +3.8% |
| 2018 | 12,702 million USD | +4.0% |
| 2019 | 12,968 million USD | +2.1% |
| 2020 | 12,539 million USD | -3.3% |
| 2021 | 13,657 million USD | +8.9% |
| 2022 | 14,320 million USD | +4.9% |
| 2023 | 14,812 million USD | +3.4% |
| 2024 | 15,399 million USD | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,884 million USD | 3,233 million USD | 4,610 million USD | 10 |
| 1980s | 5,313 million USD | 4,759 million USD | 5,971 million USD | 10 |
| 1990s | 4,633 million USD | 3,592 million USD | 5,664 million USD | 10 |
| 2000s | 7,975 million USD | 6,057 million USD | 10,048 million USD | 10 |
| 2010s | 11,506 million USD | 10,420 million USD | 12,968 million USD | 10 |
| 2020s | 14,146 million USD | 12,539 million USD | 15,399 million USD | 5 |
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)
- Services, value added (current US$), annual growth rate 15.34 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4972 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 6,462 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.51 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 43.16 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 560,939 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.7 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.261 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Albania?
- Gross domestic product — value us$, 2015 prices in Albania was 15,399 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Albania?
- The highest recorded value was 15,399 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Albania?
- The lowest recorded value was 3,233 million USD in 1970.
- How does Albania rank for gross domestic product — value us$, 2015 prices?
- Albania ranks 129th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Albania?
- Over the last ten years it is up 38.2%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).