Europe & Central Asia · Upper middle income
Albania: the economy in numbers
Per person: $12,998, or $28,221 at purchasing power parity. Population: 2.35 million (2025).
GDP in 2025, current US dollars: #113 of 204 economies. IMF forecast for 2026: +3.5%.
GDP
Adjusted for US inflation, in 2025 dollars: $6.17 billion in 1980, $30.5 billion in 2025.
GDP per capita
In 2025 dollars: $2,309 per person in 1980, $12,998 in 2025.
Real GDP growth
Average over 2016–2025: 3.5% a year. Years of falling GDP since 1980: 8 of 46.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 94.4% from 2000 to 2025. Highest annual inflation: 226.0% in 1992. Years with inflation above 100%: 1. The chart cuts the scale at 100%; “Full scale” shows everything.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 1997: 75.1% of GDP in 2020. IMF forecast for 2031: 45.9%.
Source: World Bank, World Development Indicators (CC BY 4.0)
Population
1960: 1.61 million · 2025: 2.35 million.
Unemployment rate
1991: 10.3% · 2025: 10.9%.
Life expectancy at birth
1960: 56.4 years · 2024: 79.8 years.
Exports of goods and services
1980: 24.0% · 2025: 37.0%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Unemployment | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|---|
| 2031 | 3.2%f | 3.0%f | 45.9%f | |||||||
| 2030 | 3.2%f | 3.0%f | 46.5%f | |||||||
| 2029 | 3.2%f | 3.0%f | 47.1%f | |||||||
| 2028 | 3.2%f | 3.0%f | 47.8%f | |||||||
| 2027 | 3.2%f | 3.2%f | 48.6%f | |||||||
| 2026 | 3.5%f | 3.2%f | 49.7%f | |||||||
| 2025 | $30.5B | $12,998 | $28,221 | 3.8% | 2.1% | 53.8% | 2.35M | 10.9% | 37.0% | |
| 2024 | $27B | $11,374 | $26,702 | 4.0% | 2.2% | 54.5% | 2.38M | 10.7% | 79.8 | 36.3% |
| 2023 | $23.5B | $9,741 | $24,848 | 4.0% | 4.8% | 58.0% | 2.41M | 10.7% | 79.6 | 38.4% |
| 2022 | $19B | $7,757 | $22,138 | 4.8% | 6.7% | 64.7% | 2.45M | 10.8% | 78.8 | 37.2% |
| 2021 | $18B | $7,242 | $18,213 | 9.0% | 2.0% | 74.7% | 2.49M | 11.5% | 76.8 | 31.1% |
| 2020 | $15.2B | $6,028 | $16,288 | −3.3% | 1.6% | 75.1% | 2.53M | 11.6% | 77.8 | 22.5% |
| 2019 | $15.6B | $6,069 | $16,442 | 2.1% | 1.4% | 66.8% | 2.57M | 11.5% | 79.5 | 30.9% |
| 2018 | $15.4B | $5,898 | $15,055 | 3.7% | 2.0% | 68.5% | 2.61M | 12.3% | 79.2 | 31.1% |
| 2017 | $13.3B | $5,006 | $14,111 | 3.3% | 2.0% | 70.7% | 2.65M | 13.6% | 78.9 | 31.0% |
| 2016 | $12B | $4,458 | $13,056 | 3.9% | 1.3% | 72.0% | 2.69M | 15.4% | 78.6 | 28.7% |
| 2015 | $11.5B | $4,200 | $12,387 | 2.2% | 1.9% | 73.0% | 2.73M | 17.2% | 78.4 | 27.1% |
| 2014 | $13.3B | $4,794 | $11,788 | 2.2% | 1.6% | 72.0% | 2.77M | 18.1% | 78.0 | 28.1% |
| 2013 | $12.8B | $4,543 | $10,882 | 1.7% | 1.9% | 70.4% | 2.82M | 15.9% | 78.0 | 28.9% |
| 2012 | $12.2B | $4,281 | $10,609 | 1.0% | 2.0% | 62.1% | 2.86M | 13.4% | 78.1 | 29.1% |
| 2011 | $13B | $4,466 | $10,273 | 2.5% | 3.4% | 59.4% | 2.91M | 13.5% | 78.3 | 29.1% |
| 2010 | $12.1B | $4,149 | $9,755 | 3.0% | 3.6% | 57.7% | 2.91M | 14.1% | 78.4 | 27.6% |
| 2009 | $12.3B | $4,214 | $9,031 | 2.7% | 2.3% | 59.7% | 2.93M | 13.7% | 78.5 | 24.6% |
| 2008 | $13.3B | $4,499 | $8,469 | 6.9% | 3.3% | 55.1% | 2.95M | 13.1% | 78.2 | 24.6% |
| 2007 | $11.1B | $3,743 | $7,585 | 6.5% | 2.9% | 53.6% | 2.97M | 16.0% | 77.7 | 27.1% |
| 2006 | $9.15B | $3,058 | $6,753 | 6.0% | 2.4% | 56.7% | 2.99M | 15.6% | 77.0 | 24.5% |
| 2005 | $8.26B | $2,742 | $6,014 | 5.1% | 2.4% | 58.2% | 3.01M | 16.0% | 76.4 | 22.4% |
| 2004 | $7.41B | $2,447 | $5,595 | 5.3% | 2.3% | 57.5% | 3.03M | 16.3% | 76.0 | 21.6% |
| 2003 | $5.8B | $1,909 | $5,169 | 5.3% | 0.5% | 60.2% | 3.04M | 17.0% | 75.6 | 20.2% |
| 2002 | $4.52B | $1,480 | $4,840 | 4.6% | 7.8% | 64.1% | 3.05M | 17.9% | 75.3 | 20.2% |
| 2001 | $4.06B | $1,326 | $4,451 | 8.9% | 3.1% | 60.6% | 3.06M | 18.6% | 75.1 | 20.6% |
| 2000 | $3.58B | $1,160 | $3,978 | 7.5% | 0.1% | 63.8% | 3.09M | 19.0% | 74.8 | 19.5% |
| 1999 | $3.28B | $1,056 | $3,549 | 12.3% | 0.4% | 68.2% | 3.11M | 20.8% | 74.6 | 16.5% |
| 1998 | $2.6B | $831 | $3,086 | 8.3% | 20.6% | 71.2% | 3.13M | 20.0% | 74.4 | 11.2% |
| 1997 | $2.29B | $729 | $2,760 | −11.7% | 33.2% | 72.2% | 3.15M | 16.9% | 73.4 | 10.0% |
| 1996 | $3.23B | $1,021 | $3,054 | 7.3% | 12.7% | 3.17M | 13.9% | 74.1 | 11.5% | |
| 1995 | $2.91B | $911 | $2,777 | 13.3% | 7.8% | 3.19M | 14.6% | 74.0 | 12.3% | |
| 1994 | $1.88B | $586 | $2,385 | 8.3% | 22.6% | 3.21M | 20.8% | 73.8 | 12.0% | |
| 1993 | $1.19B | $367 | $2,143 | 9.6% | 85.0% | 3.23M | 25.3% | 73.6 | 16.0% | |
| 1992 | $652M | $201 | $1,899 | −7.2% | 226.0% | 3.25M | 30.0% | 73.3 | 12.5% | |
| 1991 | $1.1B | $337 | $1,989 | −28.0% | 35.7% | 3.27M | 10.3% | 73.0 | 7.5% | |
| 1990 | $2.03B | $617 | $2,656 | −9.6% | −0.2% | 3.29M | 72.7 | 15.4% | ||
| 1989 | $2.25B | $698 | 9.8% | 3.23M | 72.5 | 18.6% | ||||
| 1988 | $2.05B | $653 | −1.4% | 3.14M | 72.2 | 17.0% | ||||
| 1987 | $2.08B | $675 | −0.8% | 3.08M | 72.0 | 16.0% | ||||
| 1986 | $2.1B | $694 | 5.6% | 3.02M | 71.7 | 15.6% | ||||
| 1985 | $1.9B | $640 | 1.8% | 2.96M | 71.3 | 16.8% | ||||
| 1984 | $1.86B | $639 | −1.3% | 2.9M | 71.0 | 18.0% | ||||
| 1983 | $1.88B | $662 | 1.1% | 2.84M | 70.7 | 18.9% | ||||
| 1982 | $1.86B | $668 | 2.9% | 2.78M | 70.4 | 20.1% | ||||
| 1981 | $1.81B | $663 | 5.7% | 2.73M | 70.1 | 23.8% | ||||
| 1980 | $1.58B | $591 | 2.7% | 2.67M | 69.9 | 24.0% | ||||
| 1979 | 2.62M | 69.6 | ||||||||
| 1978 | 2.57M | 69.4 | ||||||||
| 1977 | 2.51M | 69.0 | ||||||||
| 1976 | 2.46M | 68.6 | ||||||||
| 1975 | 2.4M | 68.1 | ||||||||
| 1974 | 2.35M | 67.6 | ||||||||
| 1973 | 2.3M | 67.1 | ||||||||
| 1972 | 2.24M | 66.5 | ||||||||
| 1971 | 2.19M | 65.9 | ||||||||
| 1970 | 2.14M | 65.2 | ||||||||
| 1969 | 2.08M | 64.5 | ||||||||
| 1968 | 2.02M | 63.8 | ||||||||
| 1967 | 1.97M | 63.0 | ||||||||
| 1966 | 1.91M | 62.1 | ||||||||
| 1965 | 1.86M | 61.3 | ||||||||
| 1964 | 1.81M | 60.4 | ||||||||
| 1963 | 1.76M | 59.5 | ||||||||
| 1962 | 1.71M | 58.5 | ||||||||
| 1961 | 1.66M | 57.5 | ||||||||
| 1960 | 1.61M | 56.4 |
e: IMF estimate; f: IMF forecast. Real growth: IMF data for 1980, World Bank for the other years. Inflation: IMF data for 1990–1991, World Bank for the other years.
Nearby economies in Europe & Central Asia
Nearest by distance between capitals, with GDP per capita.
Albania · Andorra · Armenia · Austria · Azerbaijan · Belarus · Belgium · Bosnia and Herzegovina · Bulgaria · Channel Islands · Croatia · Cyprus · Czechia · Denmark · Estonia · Faroe Islands · Finland · France · Georgia · Germany · Gibraltar · Greece · Greenland · Hungary · Iceland · Ireland · Isle of Man · Italy · Kazakhstan · Kosovo · Kyrgyzstan · Latvia · Liechtenstein · Lithuania · Luxembourg · Moldova · Monaco · Montenegro · Netherlands · North Macedonia · Norway · Poland · Portugal · Romania · Russia · San Marino · Serbia · Slovakia · Slovenia · Spain · Sweden · Switzerland · Tajikistan · Turkmenistan · Türkiye · Ukraine · United Kingdom · Uzbekistan
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)