The growth of the real gross domestic product (GDP) in Albania stood at 4.05 percent in 2024. Between 1980 and 2024, the growth rose by 1.37 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The growth is forecast to decline by 0.55 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in Albania expanded 0.90 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Albania GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Albania expanded 3.50 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides the latest reported value for - Albania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest data from show economic growth of 3.51 percent, which is a decrease from the rate of growth of 3.72 percent in the previous quarter and
a decrease compared to the growth rate of 3.69 percent in the same quarter last year. The economic growth time series for Albania cover the period...

Albania GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -6.175 % in 2023. This records a decrease from the previous number of 6.183 % for 2022. Albania GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 6.938 % from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 41.393 % in 1998 and a record low of -32.309 % in 1997. Albania GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

Albania GDP: Growth data was reported at 3.937 % in 2023. This records a decrease from the previous number of 4.827 % for 2022. Albania GDP: Growth data is updated yearly, averaging 3.937 % from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 13.322 % in 1995 and a record low of -28.002 % in 1991. Albania GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Economic growth, quarterly in Albania, June, 2025 The most recent value is 0.9 percent as of Q2 2025, an increase compared to the previous value of 0.7 percent. Historically, the average for Albania from Q2 1996 to Q2 2025 is 0.96 percent. The minimum of -13 percent was recorded in Q1 1997, while the maximum of 8.9 percent was reached in Q3 2020. | TheGlobalEconomy.com

Albania GDP: Growth: GNI per Capita data was reported at 5.606 % in 2023. This records a decrease from the previous number of 5.710 % for 2022. Albania GDP: Growth: GNI per Capita data is updated yearly, averaging 5.216 % from Dec 1998 (Median) to 2023, with 26 observations. The data reached an all-time high of 12.983 % in 1999 and a record low of -3.080 % in 2020. Albania GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Historical dataset showing Albania economic growth by year from 1980 to 2023.

Historical dataset showing Albania gdp growth rate by year from 1981 to 2023.

The gross domestic product (GDP) in current prices in Albania was 27.08 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 25.14 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by 14.03 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Consumption growth in Albania, June, 2025 The most recent value is 5.94 percent as of Q2 2025, an increase compared to the previous value of 3.92 percent. Historically, the average for Albania from Q1 1996 to Q2 2025 is 7.28 percent. The minimum of -12.91 percent was recorded in Q2 2020, while the maximum of 30.61 percent was reached in Q3 1996. | TheGlobalEconomy.com

Albania GDP: Growth: Exports of Goods and Services data was reported at 9.454 % in 2023. This records a decrease from the previous number of 17.042 % for 2022. Albania GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 11.341 % from Dec 1997 (Median) to 2023, with 27 observations. The data reached an all-time high of 73.097 % in 1999 and a record low of -27.726 % in 2020. Albania GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Albania is gradually emerging from the unprecedented economic disruptions caused by the coronavirus disease 2019 (COVID-19) pandemic. As the pandemic is overcome, it is crucial to shift attention back to Albania’s long-term objective of building a stronger underlying economic growth model. This country economic memorandum (CEM) highlights 4 key priorities to help Albania identify the next steps in its structural reform agenda. Albania needs to refocus attention on the pre-crisis reform agenda and accelerate long-term economic growth, including by spurring productivity growth, building human capital, and supporting investment. On the labor supply side, this means investing in people and supporting workers’ transition to better employment (Priority 1), while on the labor demand side, this means accelerating firm productivity growth and creating better job opportunities (Priority 2). But Albania should also use the current crisis to set its aspirations higher. Beyond achieving higher economic growth, policymakers need to strengthen the quality of the country’s socioeconomic development model. Through more green, resilient, and inclusive development (GRID), Albania can ensure the sustainability of economic growth (Priority 3). Foundationally, this CEM highlights the need for Albania to create fiscal space to support its growth priorities (Priority 4). The COVID-19 crisis has driven public debt to new heights, and upgrading Albania’s growth model - including by implementing many of the reforms presented in this CEM - will require further public spending.

Full Year GDP Growth in Albania increased to 3.96 percent in 2024 from 3.94 percent in 2023. This dataset includes a chart with historical data for Albania Full Year GDPGrowth.

Investment growth in Albania, June, 2025 The most recent value is 3.81 percent as of Q2 2025, no change compared to the previous value of 3.81 percent. Historically, the average for Albania from Q1 1996 to Q2 2025 is 9.06 percent. The minimum of -19.71 percent was recorded in Q3 2013, while the maximum of 54.75 percent was reached in Q3 2000. | TheGlobalEconomy.com

GDP per capita growth of Albania rose by 0.49% from 5.1 % in 2023 to 5.2 % in 2024. Since the 38.81% slump in 2022, GDP per capita growth plummeted by 15.49% in 2024. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Graph and download economic data for Population Growth for Albania (SPPOPGROWALB) from 1961 to 2024 about Albania, population, and rate.

Key information about Albania Real GDP Growth

• The Gross Domestic Product (GDP) in Albania expanded 3.7 % YoY in Jun 2025, following a growth of 3.8 % in the previous quarter.
• Real GDP Growth YoY data in Albania is updated quarterly, available from Mar 1997 to Jun 2025, with an average rate of 5.5 %.
• The data reached an all-time high of 15.7 % in Jun 2021 and a record low of -14.2 % in Mar 1997.

• In the latest reports, Nominal GDP of Albania reached 7.6 USD bn in Jun 2025.
• Its GDP deflator (implicit price deflator) increased 2.2 % in Jun 2025.
• GDP Per Capita in Albania reached 6,867.7 USD in Dec 2022.
• Its Gross Savings Rate was measured at 17.3 % in Jun 2025.
• For Nominal GDP contributions, Investment accounted for 22.5 % in Jun 2025.
• Public Consumption accounted for 12.3 % in Jun 2025.
• Private Consumption accounted for 70.4 % in Jun 2025.

Actual value and historical data chart for Albania GDP Growth Constant 2010 Usd