Inflation, consumer prices in Albania
Albania: Inflation, consumer prices was 2.22 in 2024. ◆ Volatile
Latest (2024)
2.22
Change on year
down 53.4%
World rank
42nd
of 70 countries
All-time high
226
in 1992
All-time low
0.05
in 2000
Years of data
33
1992–2024
Inflation, consumer prices in Albania, 1992–2024
Source: UNICEF.
Analysis
In 2024, inflation, consumer prices in Albania stood at 2.22.
That represents a change of down 53.4% on the previous year and up 36.3% over ten years.
Over the whole period, inflation, consumer prices in Albania peaked at 226 in 1992 and was at its lowest, 0.05, in 2000.
Albania ranks 42nd of 70 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.
Inflation, consumer prices in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 226 | — |
| 1993 | 85 | -62.4% |
| 1994 | 22.57 | -73.5% |
| 1995 | 7.79 | -65.5% |
| 1996 | 12.73 | +63.3% |
| 1997 | 33.18 | +160.7% |
| 1998 | 20.64 | -37.8% |
| 1999 | 0.3894 | -98.1% |
| 2000 | 0.05 | -87.2% |
| 2001 | 3.11 | +6112.9% |
| 2002 | 7.77 | +150.1% |
| 2003 | 0.484 | -93.8% |
| 2004 | 2.28 | +371.1% |
| 2005 | 2.37 | +3.8% |
| 2006 | 2.37 | +0.2% |
| 2007 | 2.93 | +23.7% |
| 2008 | 3.32 | +13.2% |
| 2009 | 2.27 | -31.7% |
| 2010 | 3.63 | +60.0% |
| 2011 | 3.43 | -5.5% |
| 2012 | 2.03 | -40.7% |
| 2013 | 1.94 | -4.6% |
| 2014 | 1.63 | -16.1% |
| 2015 | 1.9 | +16.6% |
| 2016 | 1.28 | -32.7% |
| 2017 | 1.99 | +55.8% |
| 2018 | 2.03 | +2.1% |
| 2019 | 1.41 | -30.4% |
| 2020 | 1.62 | +14.9% |
| 2021 | 2.04 | +25.9% |
| 2022 | 6.73 | +229.4% |
| 2023 | 4.76 | -29.2% |
| 2024 | 2.22 | -53.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.04 | 0.3894 | 226 | 8 |
| 2000s | 2.69 | 0.05 | 7.77 | 10 |
| 2010s | 2.12 | 1.28 | 3.63 | 10 |
| 2020s | 3.47 | 1.62 | 6.73 | 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)
- GDP (current US$), annual growth rate 12.96 % change on previous year (2025)
- GDP (current US$), per capita 12,998 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.29 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 86.8 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 1.13 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.79 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5291 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,877 constant 2015 US$ per person (2025)
Frequently asked questions
- What is inflation, consumer prices in Albania?
- Inflation, consumer prices in Albania was 2.22 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Albania?
- The highest recorded value was 226 in 1992.
- What is the lowest inflation, consumer prices recorded in Albania?
- The lowest recorded value was 0.05 in 2000.
- How does Albania rank for inflation, consumer prices?
- Albania ranks 42nd out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Albania?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
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