Machinery and transport equipment in Albania
Albania: Machinery and transport equipment was 6.7% in 2023. ◆ Volatile
Machinery and transport equipment in Albania, 2000–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, machinery and transport equipment in Albania stood at 6.7%.
Compared with earlier readings it is down 82.8% on the previous year and down 85.3% over ten years.
Over the whole period, machinery and transport equipment in Albania peaked at 72.1% in 2016 and was at its lowest, 2.0%, in 2011.
Albania ranks 82nd of 149 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.
Machinery and transport equipment in Albania, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 2000 | 3.0% | — |
| 2001 | 9.1% | +204.3% |
| 2002 | 2.1% | -77.2% |
| 2003 | 2.6% | +27.4% |
| 2004 | 4.2% | +58.0% |
| 2005 | 3.2% | -23.4% |
| 2006 | 3.0% | -7.8% |
| 2007 | 2.1% | -29.0% |
| 2008 | 2.6% | +26.2% |
| 2009 | 3.7% | +39.2% |
| 2010 | 2.6% | -30.6% |
| 2011 | 2.0% | -22.4% |
| 2012 | 25.6% | +1191.3% |
| 2013 | 45.6% | +78.2% |
| 2014 | 39.2% | -14.0% |
| 2015 | 69.2% | +76.4% |
| 2016 | 72.1% | +4.2% |
| 2017 | 39.1% | -45.8% |
| 2018 | 49.8% | +27.5% |
| 2019 | 39.7% | -20.3% |
| 2020 | 43.8% | +10.4% |
| 2021 | 38.5% | -12.1% |
| 2022 | 39.0% | +1.2% |
| 2023 | 6.7% | -82.8% |
Albania compared with similar countries
- Albania's 6.7% is below the median for upper middle income countries, which is 6.8%, 98% of the median. (46 countries reporting)
- Albania's 6.7% is below the median for Europe & Central Asia, which is 18.9%, 36% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +1191.3% | 2.0% | 25.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | 2.1% | 9.1% | 10 |
| 2010s | 38.5% | 2.0% | 72.1% | 10 |
| 2020s | 32.0% | 6.7% | 43.8% | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 341.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 145.41 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0606 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 788.1 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is machinery and transport equipment in Albania?
- Machinery and transport equipment in Albania was 6.7% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Albania?
- The highest recorded value was 72.1% in 2016.
- What is the lowest machinery and transport equipment recorded in Albania?
- The lowest recorded value was 2.0% in 2011.
- How does Albania rank for machinery and transport equipment?
- Albania ranks 82nd out of 149 countries with data for 2023.
- Is machinery and transport equipment rising or falling in Albania?
- Over the last ten years it is down 85.3%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).