Total factor productivity in Albania
Albania: Total factor productivity was 1.02 in 2023. ▲ Rising
Latest (2023)
1.02
Change on year
up 2.7%
World rank
27th
of 120 countries
All-time high
1.1
in 2011
All-time low
0.3485
in 1991
Years of data
50
1974–2023
Total factor productivity in Albania, 1974–2023
Source: Our World in Data.
Analysis
The most recent figure for total factor productivity in Albania is 1.02, measured in 2023.
The figure is up 2.7% on the previous year and up 1.9% over ten years.
Over the whole period, total factor productivity in Albania peaked at 1.1 in 2011 and was at its lowest, 0.3485, in 1991.
That places Albania 27th out of 120 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Total factor productivity in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1974 | 0.7285 | — |
| 1975 | 0.7333 | +0.7% |
| 1976 | 0.7273 | -0.8% |
| 1977 | 0.7195 | -1.1% |
| 1978 | 0.7125 | -1.0% |
| 1979 | 0.7047 | -1.1% |
| 1980 | 0.6995 | -0.7% |
| 1981 | 0.6953 | -0.6% |
| 1982 | 0.6671 | -4.1% |
| 1983 | 0.6303 | -5.5% |
| 1984 | 0.5842 | -7.3% |
| 1985 | 0.5651 | -3.3% |
| 1986 | 0.5718 | +1.2% |
| 1987 | 0.5388 | -5.8% |
| 1988 | 0.509 | -5.5% |
| 1989 | 0.5363 | +5.4% |
| 1990 | 0.4778 | -10.9% |
| 1991 | 0.3485 | -27.1% |
| 1992 | 0.3914 | +12.3% |
| 1993 | 0.4432 | +13.2% |
| 1994 | 0.4419 | -0.3% |
| 1995 | 0.5141 | +16.3% |
| 1996 | 0.5428 | +5.6% |
| 1997 | 0.4758 | -12.3% |
| 1998 | 0.5133 | +7.9% |
| 1999 | 0.5732 | +11.7% |
| 2000 | 0.5935 | +3.5% |
| 2001 | 0.6314 | +6.4% |
| 2002 | 0.6564 | +4.0% |
| 2003 | 0.6838 | +4.2% |
| 2004 | 0.7089 | +3.7% |
| 2005 | 0.7384 | +4.2% |
| 2006 | 0.7756 | +5.0% |
| 2007 | 0.8085 | +4.2% |
| 2008 | 0.9342 | +15.5% |
| 2009 | 0.951 | +1.8% |
| 2010 | 1.01 | +6.6% |
| 2011 | 1.1 | +8.4% |
| 2012 | 0.9925 | -9.7% |
| 2013 | 1 | +1.1% |
| 2014 | 1.08 | +8.1% |
| 2015 | 1.05 | -3.6% |
| 2016 | 0.9827 | -6.0% |
| 2017 | 0.9728 | -1.0% |
| 2018 | 0.9607 | -1.2% |
| 2019 | 0.9439 | -1.7% |
| 2020 | 0.9671 | +2.5% |
| 2021 | 1 | +3.4% |
| 2022 | 0.9958 | -0.4% |
| 2023 | 1.02 | +2.7% |
Albania compared with similar countries
- Albania's 1.02 is above the median for upper middle income countries, which is 0.9902, 1.0× the median. (33 countries reporting)
- Albania's 1.02 is above the median for Europe & Central Asia, which is 0.9969, 1.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.721 | 0.7047 | 0.7333 | 6 |
| 1980s | 0.5997 | 0.509 | 0.6995 | 10 |
| 1990s | 0.4722 | 0.3485 | 0.5732 | 10 |
| 2000s | 0.7482 | 0.5935 | 0.951 | 10 |
| 2010s | 1.01 | 0.9439 | 1.1 | 10 |
| 2020s | 0.9963 | 0.9671 | 1.02 | 4 |
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 total factor productivity in Albania?
- Total factor productivity in Albania was 1.02 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Albania?
- The highest recorded value was 1.1 in 2011.
- What is the lowest total factor productivity recorded in Albania?
- The lowest recorded value was 0.3485 in 1991.
- How does Albania rank for total factor productivity?
- Albania ranks 27th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Albania?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).