Value Added (Total Manufacturing) — Value Standard Local Currency in Albania

Albania: Value Added (Total Manufacturing) — Value Standard Local Currency was -2.39 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-2.39 % change on previous year
Change on year
down 110.7%
World rank
195th
of 231 countries
All-time high
100.43 % change on previous year
in 1993
All-time low
-16.48 % change on previous year
in 2012
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Albania, 1971–2023

-250255075100197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Albania recorded -2.39 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.

That represents a change of down 110.7% on the previous year and down 121.6% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Albania peaked at 100.43 % change on previous year in 1993 and was at its lowest, -16.48 % change on previous year, in 2012.

Albania ranks 195th of 231 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Albania, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Albania, 1971 to 2023.
Year % change on previous year Change
1971 2.89 % change on previous year —
1972 2.86 % change on previous year -1.0%
1973 2.84 % change on previous year -0.6%
1974 2.96 % change on previous year +4.2%
1975 2.77 % change on previous year -6.5%
1976 2.79 % change on previous year +0.8%
1977 3.33 % change on previous year +19.0%
1978 2.2 % change on previous year -33.9%
1979 2.86 % change on previous year +30.3%
1980 4.92 % change on previous year +71.9%
1981 -1.13 % change on previous year -123.0%
1982 4.92 % change on previous year -534.5%
1983 -0.2741 % change on previous year -105.6%
1984 0.5206 % change on previous year -290.0%
1985 0.7321 % change on previous year +40.6%
1986 4.17 % change on previous year +469.6%
1987 4.29 % change on previous year +3.0%
1988 -0.0861 % change on previous year -102.0%
1989 1.18 % change on previous year -1474.4%
1990 5.8 % change on previous year +389.5%
1991 -16.01 % change on previous year -376.3%
1992 64.02 % change on previous year -499.8%
1993 100.43 % change on previous year +56.9%
1994 32.95 % change on previous year -67.2%
1995 21.55 % change on previous year -34.6%
1996 12.33 % change on previous year -42.8%
1997 -6.5 % change on previous year -152.8%
1998 19.71 % change on previous year -403.1%
1999 10.59 % change on previous year -46.3%
2000 7.64 % change on previous year -27.9%
2001 6.72 % change on previous year -12.0%
2002 7.49 % change on previous year +11.5%
2003 12.59 % change on previous year +68.0%
2004 10.25 % change on previous year -18.6%
2005 15.5 % change on previous year +51.2%
2006 20.28 % change on previous year +30.8%
2007 19.47 % change on previous year -4.0%
2008 5.61 % change on previous year -71.2%
2009 10.09 % change on previous year +79.9%
2010 13.67 % change on previous year +35.6%
2011 8.96 % change on previous year -34.5%
2012 -16.48 % change on previous year -284.1%
2013 11.07 % change on previous year -167.2%
2014 8.79 % change on previous year -20.6%
2015 9.47 % change on previous year +7.8%
2016 2.9 % change on previous year -69.4%
2017 14.09 % change on previous year +386.5%
2018 5.12 % change on previous year -63.6%
2019 5.44 % change on previous year +6.2%
2020 -4.19 % change on previous year -176.9%
2021 12.66 % change on previous year -402.2%
2022 22.34 % change on previous year +76.5%
2023 -2.39 % change on previous year -110.7%

Albania compared with similar countries

  • Albania's -2.39 % change on previous year is below the median for upper middle income countries, which is 5.07 % change on previous year. (54 countries reporting)
  • Albania's -2.39 % change on previous year is below the median for Europe & Central Asia, which is 4.42 % change on previous year. (52 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1989 +1474.4% -0.0861 % change on previous year 1.18 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.83 % change on previous year 2.2 % change on previous year 3.33 % change on previous year 9
1980s 1.93 % change on previous year -1.13 % change on previous year 4.92 % change on previous year 10
1990s 24.49 % change on previous year -16.01 % change on previous year 100.43 % change on previous year 10
2000s 11.56 % change on previous year 5.61 % change on previous year 20.28 % change on previous year 10
2010s 6.3 % change on previous year -16.48 % change on previous year 14.09 % change on previous year 10
2020s 7.11 % change on previous year -4.19 % change on previous year 22.34 % change on previous year 4

Countries ranked near Albania

  1. 192 Saudi Arabia -1.35 % change on previous year compare
  2. 193 Ecuador -1.99 % change on previous year compare
  3. 194 Belgium -2.08 % change on previous year compare
  4. 196 Finland -2.48 % change on previous year compare
  5. 197 Lithuania -2.52 % change on previous year compare
  6. 198 Uruguay -2.64 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Albania?
Value added (total manufacturing) — value standard local currency in Albania was -2.39 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Albania?
The highest recorded value was 100.43 % change on previous year in 1993.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Albania?
The lowest recorded value was -16.48 % change on previous year in 2012.
How does Albania rank for value added (total manufacturing) — value standard local currency?
Albania ranks 195th out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Albania?
Over the last ten years it is down 121.6%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Albania. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/albania/

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<a href="https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/albania/">Value Added (Total Manufacturing) — Value Standard Local Currency in Albania</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.