GDP (constant LCU) (UNESCO Institute) in Albania

Albania: GDP (constant LCU) (UNESCO Institute) was 2.04 trillion constant LCU in 2024. ▲ Rising

Latest (2024)
2.04 trillion constant LCU
Change on year
up 4.0%
World rank
75th
of 212 countries
All-time high
2.04 trillion constant LCU
in 2024
All-time low
486.00 billion constant LCU
in 1992
Years of data
45
1980–2024

GDP in Albania, 1980–2024

500.0B1.0T1.5T2.0T1980200220241980: 640.7B constant LCU1981: 677.5B constant LCU1982: 697.5B constant LCU1983: 705.2B constant LCU1984: 696.4B constant LCU1985: 708.8B constant LCU1986: 748.7B constant LCU1987: 742.8B constant LCU1988: 732.3B constant LCU1989: 804.3B constant LCU1990: 727.3B constant LCU1991: 523.6B constant LCU1992: 486.0B constant LCU1993: 532.5B constant LCU1994: 576.7B constant LCU1995: 653.5B constant LCU1996: 701.4B constant LCU1997: 619.3B constant LCU1998: 670.7B constant LCU1999: 752.9B constant LCU2000: 809.1B constant LCU2001: 880.8B constant LCU2002: 921.6B constant LCU2003: 970.7B constant LCU2004: 1.0T constant LCU2005: 1.1T constant LCU2006: 1.1T constant LCU2007: 1.2T constant LCU2008: 1.3T constant LCU2009: 1.3T constant LCU2010: 1.4T constant LCU2011: 1.4T constant LCU2012: 1.4T constant LCU2013: 1.4T constant LCU2014: 1.5T constant LCU2015: 1.5T constant LCU2016: 1.6T constant LCU2017: 1.6T constant LCU2018: 1.7T constant LCU2019: 1.7T constant LCU2020: 1.7T constant LCU2021: 1.8T constant LCU2022: 1.9T constant LCU2023: 2.0T constant LCU2024: 2.0T constant LCU

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

The most recent figure for gdp in Albania is 2.04 trillion constant LCU, measured in 2024. That is the highest value across all 45 years on record.

Compared with earlier readings it is up 4.0% on the previous year and up 38.5% over ten years.

Over the whole period, gdp in Albania peaked at 2.04 trillion constant LCU in 2024 and was at its lowest, 486.00 billion constant LCU, in 1992.

That places Albania 75th out of 212 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 45 years of available data.

GDP (constant LCU) (UNESCO Institute) in Albania, year by year

Annual values for GDP (constant LCU) in Albania, 1980 to 2024.
Year constant LCU Change
1980 640.70 billion constant LCU —
1981 677.51 billion constant LCU +5.7%
1982 697.49 billion constant LCU +2.9%
1983 705.19 billion constant LCU +1.1%
1984 696.37 billion constant LCU -1.3%
1985 708.77 billion constant LCU +1.8%
1986 748.72 billion constant LCU +5.6%
1987 742.82 billion constant LCU -0.8%
1988 732.27 billion constant LCU -1.4%
1989 804.30 billion constant LCU +9.8%
1990 727.29 billion constant LCU -9.6%
1991 523.63 billion constant LCU -28.0%
1992 486.00 billion constant LCU -7.2%
1993 532.46 billion constant LCU +9.6%
1994 576.66 billion constant LCU +8.3%
1995 653.49 billion constant LCU +13.3%
1996 701.43 billion constant LCU +7.3%
1997 619.28 billion constant LCU -11.7%
1998 670.75 billion constant LCU +8.3%
1999 752.92 billion constant LCU +12.3%
2000 809.11 billion constant LCU +7.5%
2001 880.82 billion constant LCU +8.9%
2002 921.59 billion constant LCU +4.6%
2003 970.74 billion constant LCU +5.3%
2004 1.02 trillion constant LCU +5.3%
2005 1.07 trillion constant LCU +5.1%
2006 1.14 trillion constant LCU +6.0%
2007 1.21 trillion constant LCU +6.5%
2008 1.30 trillion constant LCU +6.9%
2009 1.33 trillion constant LCU +2.7%
2010 1.37 trillion constant LCU +3.0%
2011 1.41 trillion constant LCU +2.5%
2012 1.42 trillion constant LCU +1.0%
2013 1.44 trillion constant LCU +1.7%
2014 1.48 trillion constant LCU +2.2%
2015 1.51 trillion constant LCU +2.2%
2016 1.57 trillion constant LCU +3.9%
2017 1.62 trillion constant LCU +3.3%
2018 1.68 trillion constant LCU +3.7%
2019 1.71 trillion constant LCU +2.1%
2020 1.66 trillion constant LCU -3.3%
2021 1.80 trillion constant LCU +9.0%
2022 1.89 trillion constant LCU +4.8%
2023 1.97 trillion constant LCU +3.9%
2024 2.04 trillion constant LCU +4.0%

Albania compared with similar countries

  • Albania's 2.04 trillion constant LCU is above the median for upper middle income countries, which is 563.52 billion constant LCU, 3.6× the median. (58 countries reporting)
  • Albania's 2.04 trillion constant LCU is above the median for Europe & Central Asia, which is 410.71 billion constant LCU, 5.0× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU) (UNESCO Institute) 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
1991 -28.0% 727.29 billion constant LCU 523.63 billion constant LCU

Averages by decade

DecadeAverage LowestHighest Years
1980s 715.41 billion constant LCU 640.70 billion constant LCU 804.30 billion constant LCU 10
1990s 624.39 billion constant LCU 486.00 billion constant LCU 752.92 billion constant LCU 10
2000s 1.07 trillion constant LCU 809.11 billion constant LCU 1.33 trillion constant LCU 10
2010s 1.52 trillion constant LCU 1.37 trillion constant LCU 1.71 trillion constant LCU 10
2020s 1.87 trillion constant LCU 1.66 trillion constant LCU 2.04 trillion constant LCU 5

Countries ranked near Albania

  1. 72 Poland 2.48 trillion constant LCU compare
  2. 73 United Kingdom 2.43 trillion constant LCU compare
  3. 74 Turkey 2.30 trillion constant LCU compare
  4. 76 Ukraine 2.01 trillion constant LCU compare
  5. 77 Burundi 1.99 trillion constant LCU compare
  6. 78 Italy 1.93 trillion constant LCU compare

See the full ranking of 212 places →

More population data for Albania

All data for Albania →

Frequently asked questions

What is gdp in Albania?
Gdp in Albania was 2.04 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Albania?
The highest recorded value was 2.04 trillion constant LCU in 2024.
What is the lowest gdp recorded in Albania?
The lowest recorded value was 486.00 billion constant LCU in 1992.
How does Albania rank for gdp?
Albania ranks 75th out of 212 countries with data for 2024.
Is gdp rising or falling in Albania?
Over the last ten years it is up 38.5%. The long-run trend across the full record is rising.
Where does this Albania data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Albania. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/albania/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release