Gross value added at basic prices by NUTS 3 region in Albania

Albania: Gross value added at basic prices by NUTS 3 region was 18,927 in 2023. ▲ Rising

Latest (2023)
18,927
Change on year
up 21.4%
World rank
32nd
of 38 countries
All-time high
18,927
in 2023
All-time low
7,528
in 2009
Years of data
16
2008–2023

Gross value added at basic prices by NUTS 3 region in Albania, 2008–2023

05.0k10.0k15.0k20.0k2008201520232008: 7.7k2009: 7.5k2010: 7.8k2011: 8.0k2012: 8.2k2013: 8.4k2014: 8.6k2015: 8.9k2016: 9.4k2017: 10.1k2018: 11.2k2019: 12.1k2020: 11.8k2021: 13.0k2022: 15.6k2023: 18.9k

Source: Eurostat.

Analysis

In 2023, gross value added at basic prices by nuts 3 region in Albania stood at 18,927. That is the highest value across all 16 years on record.

The figure is up 21.4% on the previous year and up 125.5% over ten years.

Over the whole period, gross value added at basic prices by nuts 3 region in Albania peaked at 18,927 in 2023 and was at its lowest, 7,528, in 2009.

Albania ranks 32nd of 38 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,616 7,528 7,705 2
2010s 9,260 7,763 12,050 10
2020s 14,832 11,774 18,927 4

Countries ranked near Albania

  1. 29 Estonia 34,912 compare
  2. 30 Cyprus 30,865 compare
  3. 31 Malta 20,480 compare
  4. 33 North Macedonia 13,540 compare

See the full ranking of 1702 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is gross value added at basic prices by nuts 3 region in Albania?
Gross value added at basic prices by nuts 3 region in Albania was 18,927 in 2023, according to Eurostat.
What is the highest gross value added at basic prices by nuts 3 region recorded in Albania?
The highest recorded value was 18,927 in 2023.
What is the lowest gross value added at basic prices by nuts 3 region recorded in Albania?
The lowest recorded value was 7,528 in 2009.
How does Albania rank for gross value added at basic prices by nuts 3 region?
Albania ranks 32nd out of 38 countries with data for 2023.
Is gross value added at basic prices by nuts 3 region rising or falling in Albania?
Over the last ten years it is up 125.5%. The long-run trend across the full record is rising.
Where does this Albania data come from?
The figures come from Eurostat, published as part of Gross value added at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices by NUTS 3 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
1,702 places, 40,936 data points, 2000–2024
Last refreshed