Gross Domestic Product — Value US$ in Albania

Albania: Gross Domestic Product — Value US$ was 26,512 million USD in 2024. ◆ Volatile

Latest (2024)
26,512 million USD
Change on year
up 15.4%
World rank
110th
of 203 countries
All-time high
26,512 million USD
in 2024
All-time low
1,516 million USD
in 1992
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Albania, 1970–2024

05.0k10.0k15.0k20.0k25.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Albania recorded 26,512 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 15.4% on the previous year and up 100.4% over ten years.

Over the whole period, gross domestic product — value us$ in Albania peaked at 26,512 million USD in 2024 and was at its lowest, 1,516 million USD, in 1992.

Albania ranks 110th of 203 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 US$ in Albania, year by year

Annual values for Gross Domestic Product — Value US$ in Albania, 1970 to 2024.
Year million USD Change
1970 2,266 million USD
1971 2,331 million USD +2.9%
1972 2,398 million USD +2.9%
1973 2,467 million USD +2.9%
1974 2,537 million USD +2.9%
1975 2,610 million USD +2.9%
1976 2,686 million USD +2.9%
1977 2,761 million USD +2.8%
1978 2,842 million USD +3.0%
1979 2,372 million USD -16.5%
1980 2,142 million USD -9.7%
1981 2,215 million USD +3.4%
1982 2,280 million USD +2.9%
1983 2,305 million USD +1.1%
1984 2,276 million USD -1.3%
1985 2,324 million USD +2.1%
1986 2,397 million USD +3.1%
1987 2,378 million USD -0.8%
1988 2,460 million USD +3.5%
1989 2,941 million USD +19.5%
1990 2,146 million USD -27.0%
1991 1,597 million USD -25.6%
1992 1,516 million USD -5.1%
1993 1,700 million USD +12.2%
1994 1,881 million USD +10.6%
1995 2,393 million USD +27.2%
1996 3,200 million USD +33.7%
1997 2,225 million USD -30.5%
1998 2,555 million USD +14.8%
1999 3,222 million USD +26.1%
2000 3,488 million USD +8.3%
2001 3,927 million USD +12.6%
2002 4,356 million USD +10.9%
2003 5,561 million USD +27.7%
2004 7,177 million USD +29.0%
2005 8,052 million USD +12.2%
2006 8,896 million USD +10.5%
2007 10,677 million USD +20.0%
2008 12,881 million USD +20.6%
2009 12,044 million USD -6.5%
2010 11,927 million USD -1.0%
2011 12,891 million USD +8.1%
2012 12,320 million USD -4.4%
2013 12,776 million USD +3.7%
2014 13,228 million USD +3.5%
2015 11,387 million USD -13.9%
2016 11,861 million USD +4.2%
2017 13,020 million USD +9.8%
2018 15,156 million USD +16.4%
2019 15,402 million USD +1.6%
2020 15,163 million USD -1.6%
2021 17,931 million USD +18.3%
2022 18,916 million USD +5.5%
2023 22,978 million USD +21.5%
2024 26,512 million USD +15.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2,527 million USD 2,266 million USD 2,842 million USD 10
1980s 2,372 million USD 2,142 million USD 2,941 million USD 10
1990s 2,243 million USD 1,516 million USD 3,222 million USD 10
2000s 7,706 million USD 3,488 million USD 12,881 million USD 10
2010s 12,997 million USD 11,387 million USD 15,402 million USD 10
2020s 20,300 million USD 15,163 million USD 26,512 million USD 5

Countries ranked near Albania

  1. 107 Senegal 31,964 million USD compare
  2. 108 Lebanon 28,771 million USD compare
  3. 109 Bosnia and Herzegovina 28,264 million USD compare
  4. 111 Trinidad and Tobago 26,425 million USD compare
  5. 112 Zambia 26,326 million USD compare
  6. 113 Guinea 26,023 million USD compare

See the full ranking of 252 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is gross domestic product — value us$ in Albania?
Gross domestic product — value us$ in Albania was 26,512 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Albania?
The highest recorded value was 26,512 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Albania?
The lowest recorded value was 1,516 million USD in 1992.
How does Albania rank for gross domestic product — value us$?
Albania ranks 110th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Albania?
Over the last ten years it is up 100.4%. The long-run trend across the full record is volatile.
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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Albania. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/albania/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).