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
Gross value added at basic prices by NUTS 3 region in Albania, 2008–2023
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 41st of 48 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Gross value added at basic prices by NUTS 3 region in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 7,705 | — |
| 2009 | 7,528 | -2.3% |
| 2010 | 7,763 | +3.1% |
| 2011 | 8,013 | +3.2% |
| 2012 | 8,243 | +2.9% |
| 2013 | 8,393 | +1.8% |
| 2014 | 8,590 | +2.3% |
| 2015 | 8,903 | +3.6% |
| 2016 | 9,370 | +5.3% |
| 2017 | 10,075 | +7.5% |
| 2018 | 11,203 | +11.2% |
| 2019 | 12,050 | +7.6% |
| 2020 | 11,774 | -2.3% |
| 2021 | 13,034 | +10.7% |
| 2022 | 15,594 | +19.6% |
| 2023 | 18,927 | +21.4% |
Albania compared with similar countries
- Albania's 18,927 is below the median for Europe & Central Asia, which is 246,571, 8% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 39 Cyprus 30,865 compare
- 40 Malta 20,480 compare
- 42 North Macedonia 13,540 compare
- 42 North Macedonia 13,540 compare
- 44 Guadeloupe 10,901 compare
More economy & growth data for Albania
- Real gdp growth, annual growth rate 0.7721 % change on previous year (2024)
- 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)
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 41st out of 48 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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