Gross national expenditure (current US$) in Albania
Albania: Gross national expenditure (current US$) was 28.90 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Albania, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Albania recorded 28.90 billion current US$ for gross national expenditure in 2024. That is the highest value across all 45 years on record.
That represents a change of up 16.6% on the previous year and up 82.8% over ten years.
Over the whole period, gross national expenditure in Albania peaked at 28.90 billion current US$ in 2024 and was at its lowest, 1.26 billion current US$, in 1992.
Albania ranks 114th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in Albania, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 1.63 billion current US$ | — |
| 1981 | 1.85 billion current US$ | +13.3% |
| 1982 | 2.02 billion current US$ | +9.2% |
| 1983 | 2.00 billion current US$ | -0.7% |
| 1984 | 1.96 billion current US$ | -1.9% |
| 1985 | 2.01 billion current US$ | +2.4% |
| 1986 | 2.18 billion current US$ | +8.6% |
| 1987 | 2.16 billion current US$ | -1.1% |
| 1988 | 2.19 billion current US$ | +1.3% |
| 1989 | 2.40 billion current US$ | +9.8% |
| 1990 | 2.28 billion current US$ | -5.1% |
| 1991 | 1.37 billion current US$ | -39.8% |
| 1992 | 1.26 billion current US$ | -8.4% |
| 1993 | 1.80 billion current US$ | +43.6% |
| 1994 | 2.53 billion current US$ | +40.5% |
| 1995 | 3.36 billion current US$ | +32.5% |
| 1996 | 3.93 billion current US$ | +16.9% |
| 1997 | 2.86 billion current US$ | -27.2% |
| 1998 | 3.24 billion current US$ | +13.4% |
| 1999 | 3.84 billion current US$ | +18.5% |
| 2000 | 4.39 billion current US$ | +14.4% |
| 2001 | 4.99 billion current US$ | +13.7% |
| 2002 | 5.67 billion current US$ | +13.6% |
| 2003 | 7.22 billion current US$ | +27.3% |
| 2004 | 9.03 billion current US$ | +25.0% |
| 2005 | 10.26 billion current US$ | +13.6% |
| 2006 | 11.27 billion current US$ | +9.9% |
| 2007 | 13.97 billion current US$ | +23.9% |
| 2008 | 16.72 billion current US$ | +19.7% |
| 2009 | 15.30 billion current US$ | -8.5% |
| 2010 | 14.54 billion current US$ | -5.0% |
| 2011 | 15.90 billion current US$ | +9.4% |
| 2012 | 14.54 billion current US$ | -8.6% |
| 2013 | 15.10 billion current US$ | +3.8% |
| 2014 | 15.81 billion current US$ | +4.7% |
| 2015 | 13.44 billion current US$ | -15.0% |
| 2016 | 13.99 billion current US$ | +4.1% |
| 2017 | 15.22 billion current US$ | +8.8% |
| 2018 | 17.45 billion current US$ | +14.7% |
| 2019 | 17.69 billion current US$ | +1.4% |
| 2020 | 17.44 billion current US$ | -1.4% |
| 2021 | 20.43 billion current US$ | +17.2% |
| 2022 | 20.98 billion current US$ | +2.7% |
| 2023 | 24.79 billion current US$ | +18.2% |
| 2024 | 28.90 billion current US$ | +16.6% |
Albania compared with similar countries
- Albania's 28.90 billion current US$ is below the median for upper middle income countries, which is 60.77 billion current US$, 48% of the median. (52 countries reporting)
- Albania's 28.90 billion current US$ is below the median for Europe & Central Asia, which is 143.45 billion current US$, 20% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.04 billion current US$ | 1.63 billion current US$ | 2.40 billion current US$ | 10 |
| 1990s | 2.65 billion current US$ | 1.26 billion current US$ | 3.93 billion current US$ | 10 |
| 2000s | 9.88 billion current US$ | 4.39 billion current US$ | 16.72 billion current US$ | 10 |
| 2010s | 15.37 billion current US$ | 13.44 billion current US$ | 17.69 billion current US$ | 10 |
| 2020s | 22.51 billion current US$ | 17.44 billion current US$ | 28.90 billion current US$ | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Albania?
- Gross national expenditure in Albania was 28.90 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Albania?
- The highest recorded value was 28.90 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Albania?
- The lowest recorded value was 1.26 billion current US$ in 1992.
- How does Albania rank for gross national expenditure?
- Albania ranks 114th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Albania?
- Over the last ten years it is up 82.8%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.