Merchandise trade as a proportion of GDP in Albania
Albania: Merchandise trade as a proportion of GDP was 50.3% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Albania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Albania recorded 50.3% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 9.5% on the previous year and down 12.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Albania peaked at 66.8% in 2022 and was at its lowest, 37.7%, in 2000.
That places Albania 123rd out of 218 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Albania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 37.7% | — |
| 2001 | 40.3% | +6.7% |
| 2002 | 40.8% | +1.5% |
| 2003 | 39.9% | -2.4% |
| 2004 | 39.3% | -1.3% |
| 2005 | 39.7% | +0.9% |
| 2006 | 42.1% | +6.0% |
| 2007 | 47.4% | +12.7% |
| 2008 | 49.8% | +5.0% |
| 2009 | 45.8% | -8.1% |
| 2010 | 49.2% | +7.6% |
| 2011 | 56.5% | +14.8% |
| 2012 | 55.9% | -1.1% |
| 2013 | 56.7% | +1.5% |
| 2014 | 57.5% | +1.4% |
| 2015 | 54.2% | -5.8% |
| 2016 | 54.8% | +1.1% |
| 2017 | 57.0% | +4.1% |
| 2018 | 57.2% | +0.3% |
| 2019 | 55.3% | -3.4% |
| 2020 | 53.0% | -4.1% |
| 2021 | 62.5% | +18.0% |
| 2022 | 66.8% | +6.9% |
| 2023 | 55.6% | -16.8% |
| 2024 | 50.3% | -9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.3% | 37.7% | 49.8% | 10 |
| 2010s | 55.4% | 49.2% | 57.5% | 10 |
| 2020s | 57.7% | 50.3% | 66.8% | 5 |
Countries ranked near Albania
- 120 Northern Mariana Islands 50.5% compare
- 121 Costa Rica 50.5% compare
- 122 Iceland 50.4% compare
- 124 Saint Vincent and the Grenadines 48.7% compare
- 125 Kazakhstan 48.6% compare
- 126 Grenada 48.5% compare
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)
- Final consumption expenditure (constant 2015 US$), per capita 5,739 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 16.59 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 12,157 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 7.88 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 99.53 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 1.13 million current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.47 % change on previous year (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Albania?
- Merchandise trade as a proportion of gdp in Albania was 50.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Albania?
- The highest recorded value was 66.8% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Albania?
- The lowest recorded value was 37.7% in 2000.
- How does Albania rank for merchandise trade as a proportion of gdp?
- Albania ranks 123rd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Albania?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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