Purchasing power: based on COICOP 1999 in Albania
Albania: Purchasing power: based on COICOP 1999 was 62.15 in 2024. ▲ Rising
Latest (2024)
62.15
Change on year
down 0.7%
World rank
6th
of 51 countries
All-time high
64.54
in 2021
All-time low
46.28
in 1997
Years of data
28
1997–2024
Purchasing power parities, price level indices, nominal and real in Albania, 1997–2024
Source: Eurostat.
Analysis
In 2024, purchasing power parities, price level indices, nominal and real in Albania stood at 62.15.
The figure is down 0.7% on the previous year and up 3.8% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Albania peaked at 64.54 in 2021 and was at its lowest, 46.28, in 1997.
Albania ranks 6th of 51 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 28 years of available data.
Purchasing power: based on COICOP 1999 in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 46.28 | — |
| 1998 | 48.94 | +5.7% |
| 1999 | 49.18 | +0.5% |
| 2000 | 50.58 | +2.8% |
| 2001 | 51.72 | +2.3% |
| 2002 | 52.36 | +1.2% |
| 2003 | 54.3 | +3.7% |
| 2004 | 54.95 | +1.2% |
| 2005 | 55.58 | +1.2% |
| 2006 | 55.86 | +0.5% |
| 2007 | 56.52 | +1.2% |
| 2008 | 57.42 | +1.6% |
| 2009 | 58.7 | +2.2% |
| 2010 | 58.39 | -0.5% |
| 2011 | 58.85 | +0.8% |
| 2012 | 59.12 | +0.4% |
| 2013 | 61.12 | +3.4% |
| 2014 | 59.84 | -2.1% |
| 2015 | 59.39 | -0.8% |
| 2016 | 61.02 | +2.7% |
| 2017 | 61.52 | +0.8% |
| 2018 | 62.39 | +1.4% |
| 2019 | 62.36 | -0.1% |
| 2020 | 62.95 | +1.0% |
| 2021 | 64.54 | +2.5% |
| 2022 | 63.49 | -1.6% |
| 2023 | 62.57 | -1.5% |
| 2024 | 62.15 | -0.7% |
Albania compared with similar countries
- Albania's 62.15 is above the median for Europe & Central Asia, which is 1.15, 53.8× the median. (35 countries reporting)
- Albania's 62.15 is above the median for upper middle income countries, which is 31.19, 2.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.13 | 46.28 | 49.18 | 3 |
| 2000s | 54.8 | 50.58 | 58.7 | 10 |
| 2010s | 60.4 | 58.39 | 62.39 | 10 |
| 2020s | 63.14 | 62.15 | 64.54 | 5 |
Countries ranked near Albania
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 purchasing power parities, price level indices, nominal and real in Albania?
- Purchasing power parities, price level indices, nominal and real in Albania was 62.15 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Albania?
- The highest recorded value was 64.54 in 2021.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Albania?
- The lowest recorded value was 46.28 in 1997.
- How does Albania rank for purchasing power parities, price level indices, nominal and real?
- Albania ranks 6th out of 51 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Albania?
- Over the last ten years it is up 3.8%. 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 Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
Download this data
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