Real gdp growth in Albania
Albania: Real gdp growth was 4.05 in 2024. ◆ Volatile
Latest (2024)
4.05
Change on year
up 0.8%
World rank
73rd
of 196 countries
All-time high
12.89
in 1999
All-time low
-28
in 1991
Years of data
45
1980–2024
Real gdp growth in Albania, 1980–2024
Source: Our World in Data.
Analysis
Albania recorded 4.05 for real gdp growth in 2024.
The figure is up 0.8% on the previous year and up 128.1% over ten years.
Over the whole period, real gdp growth in Albania peaked at 12.89 in 1999 and was at its lowest, -28, in 1991.
That places Albania 73rd out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.61 | -1.5 | 9.8 | 10 |
| 1990s | 0.2596 | -28 | 12.89 | 10 |
| 2000s | 5.91 | 3.35 | 8.29 | 10 |
| 2010s | 2.56 | 1 | 3.91 | 10 |
| 2020s | 3.71 | -3.31 | 8.97 | 5 |
Countries ranked near Albania
More economy & growth data for Albania
- External balance on goods and services as a percent of gdp -5.5 (2025)
- Inflation of consumer prices 2.15 (2025)
- Gdp per capita worldbank constant usd 6,877 (2025)
- Manufacturing value added to gdp 6.03 (2025)
- Gdp worldbank constant usd 16.16 billion (2025)
- Gdp per capita in international and market dollars 6,877 (2025)
- DEC alternative conversion factor 86.8 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 132.86 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.53 billion current US$ (2025)
- Taxes less subsidies on products 362.03 billion current LCU (2025)
Frequently asked questions
- What is real gdp growth in Albania?
- Real gdp growth in Albania was 4.05 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Albania?
- The highest recorded value was 12.89 in 1999.
- What is the lowest real gdp growth recorded in Albania?
- The lowest recorded value was -28 in 1991.
- How does Albania rank for real gdp growth?
- Albania ranks 73rd out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Albania?
- Over the last ten years it is up 128.1%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).