Value Added Deflator (Manufacturing) — Value Standard Local Currency in Albania
Albania: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 118.7 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Albania, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Albania recorded 118.7 SLC for value added deflator (manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 4.0% on the previous year and up 23.1% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Albania peaked at 118.7 SLC in 2023 and was at its lowest, 4.26 SLC, in 1989.
That places Albania 134th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Albania, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 5.05 SLC | — |
| 1971 | 5 SLC | -1.1% |
| 1972 | 4.94 SLC | -1.1% |
| 1973 | 4.89 SLC | -1.1% |
| 1974 | 4.83 SLC | -1.1% |
| 1975 | 4.78 SLC | -1.1% |
| 1976 | 4.73 SLC | -1.1% |
| 1977 | 4.68 SLC | -1.0% |
| 1978 | 4.62 SLC | -1.3% |
| 1979 | 4.58 SLC | -1.0% |
| 1980 | 4.54 SLC | -0.8% |
| 1981 | 4.44 SLC | -2.2% |
| 1982 | 4.44 SLC | +0.0% |
| 1983 | 4.44 SLC | -0.1% |
| 1984 | 4.44 SLC | +0.1% |
| 1985 | 4.46 SLC | +0.5% |
| 1986 | 4.33 SLC | -2.9% |
| 1987 | 4.36 SLC | +0.7% |
| 1988 | 4.37 SLC | +0.2% |
| 1989 | 4.26 SLC | -2.6% |
| 1990 | 4.59 SLC | +7.7% |
| 1991 | 6.25 SLC | +36.2% |
| 1992 | 20.91 SLC | +234.5% |
| 1993 | 46.03 SLC | +120.2% |
| 1994 | 64.87 SLC | +40.9% |
| 1995 | 71.35 SLC | +10.0% |
| 1996 | 68.47 SLC | -4.0% |
| 1997 | 82.46 SLC | +20.4% |
| 1998 | 69.81 SLC | -15.3% |
| 1999 | 68.35 SLC | -2.1% |
| 2000 | 68.87 SLC | +0.8% |
| 2001 | 69.5 SLC | +0.9% |
| 2002 | 71.71 SLC | +3.2% |
| 2003 | 67.67 SLC | -5.6% |
| 2004 | 70.37 SLC | +4.0% |
| 2005 | 71.37 SLC | +1.4% |
| 2006 | 75.95 SLC | +6.4% |
| 2007 | 80.54 SLC | +6.1% |
| 2008 | 89.56 SLC | +11.2% |
| 2009 | 95.82 SLC | +7.0% |
| 2010 | 97.62 SLC | +1.9% |
| 2011 | 96.28 SLC | -1.4% |
| 2012 | 95.34 SLC | -1.0% |
| 2013 | 96.4 SLC | +1.1% |
| 2014 | 95.88 SLC | -0.5% |
| 2015 | 100 SLC | +4.3% |
| 2016 | 98.43 SLC | -1.6% |
| 2017 | 99.87 SLC | +1.5% |
| 2018 | 98.81 SLC | -1.1% |
| 2019 | 98.66 SLC | -0.1% |
| 2020 | 98.58 SLC | -0.1% |
| 2021 | 99.93 SLC | +1.4% |
| 2022 | 114.16 SLC | +14.2% |
| 2023 | 118.7 SLC | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.81 SLC | 4.58 SLC | 5.05 SLC | 10 |
| 1980s | 4.41 SLC | 4.26 SLC | 4.54 SLC | 10 |
| 1990s | 50.31 SLC | 4.59 SLC | 82.46 SLC | 10 |
| 2000s | 76.14 SLC | 67.67 SLC | 95.82 SLC | 10 |
| 2010s | 97.73 SLC | 95.34 SLC | 100 SLC | 10 |
| 2020s | 107.84 SLC | 98.58 SLC | 118.7 SLC | 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)
- Services, value added (constant LCU), per capita 458,269 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8634 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,223 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 74.95 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 974,200 current LCU per person (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Albania?
- Value added deflator (manufacturing) — value standard local currency in Albania was 118.7 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Albania?
- The highest recorded value was 118.7 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Albania?
- The lowest recorded value was 4.26 SLC in 1989.
- How does Albania rank for value added deflator (manufacturing) — value standard local currency?
- Albania ranks 134th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Albania?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).