GDP (current LCU) (UNESCO Institute) in Albania

Albania: GDP (current LCU) (UNESCO Institute) was 2.53 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
2.53 trillion current LCU
Change on year
up 6.8%
World rank
86th
of 211 countries
All-time high
2.53 trillion current LCU
in 2024
All-time low
14.99 billion current LCU
in 1980
Years of data
45
1980–2024

GDP in Albania, 1980–2024

01.0T2.0T3.0T1980200220241980: 15.0B current LCU1981: 15.5B current LCU1982: 16.0B current LCU1983: 16.1B current LCU1984: 15.9B current LCU1985: 16.3B current LCU1986: 16.8B current LCU1987: 16.6B current LCU1988: 16.4B current LCU1989: 18.0B current LCU1990: 16.2B current LCU1991: 15.8B current LCU1992: 48.9B current LCU1993: 121.0B current LCU1994: 178.0B current LCU1995: 269.3B current LCU1996: 338.0B current LCU1997: 336.5B current LCU1998: 393.1B current LCU1999: 453.5B current LCU2000: 516.2B current LCU2001: 583.1B current LCU2002: 633.9B current LCU2003: 700.7B current LCU2004: 760.4B current LCU2005: 824.6B current LCU2006: 897.7B current LCU2007: 1.0T current LCU2008: 1.1T current LCU2009: 1.2T current LCU2010: 1.3T current LCU2011: 1.3T current LCU2012: 1.3T current LCU2013: 1.4T current LCU2014: 1.4T current LCU2015: 1.4T current LCU2016: 1.5T current LCU2017: 1.6T current LCU2018: 1.7T current LCU2019: 1.7T current LCU2020: 1.7T current LCU2021: 1.9T current LCU2022: 2.1T current LCU2023: 2.4T current LCU2024: 2.5T current LCU

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

Analysis

Albania recorded 2.53 trillion current LCU for gdp in 2024. That is the highest value across all 45 years on record.

That represents a change of up 6.8% on the previous year and up 80.4% over ten years.

Over the whole period, gdp in Albania peaked at 2.53 trillion current LCU in 2024 and was at its lowest, 14.99 billion current LCU, in 1980.

That places Albania 86th out of 211 countries with data for 2024, putting it in the middle of the range.

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

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

Annual values for GDP (current LCU) in Albania, 1980 to 2024.
Year current LCU Change
1980 14.99 billion current LCU —
1981 15.51 billion current LCU +3.5%
1982 15.97 billion current LCU +2.9%
1983 16.14 billion current LCU +1.1%
1984 15.94 billion current LCU -1.3%
1985 16.28 billion current LCU +2.1%
1986 16.78 billion current LCU +3.1%
1987 16.65 billion current LCU -0.8%
1988 16.41 billion current LCU -1.4%
1989 18.02 billion current LCU +9.8%
1990 16.23 billion current LCU -10.0%
1991 15.83 billion current LCU -2.4%
1992 48.93 billion current LCU +209.1%
1993 120.98 billion current LCU +147.2%
1994 177.98 billion current LCU +47.1%
1995 269.30 billion current LCU +51.3%
1996 338.00 billion current LCU +25.5%
1997 336.48 billion current LCU -0.4%
1998 393.07 billion current LCU +16.8%
1999 453.51 billion current LCU +15.4%
2000 516.21 billion current LCU +13.8%
2001 583.12 billion current LCU +13.0%
2002 633.93 billion current LCU +8.7%
2003 700.71 billion current LCU +10.5%
2004 760.45 billion current LCU +8.5%
2005 824.60 billion current LCU +8.4%
2006 897.70 billion current LCU +8.9%
2007 1.01 trillion current LCU +12.0%
2008 1.11 trillion current LCU +10.6%
2009 1.17 trillion current LCU +5.3%
2010 1.26 trillion current LCU +7.2%
2011 1.31 trillion current LCU +4.2%
2012 1.32 trillion current LCU +1.2%
2013 1.35 trillion current LCU +2.1%
2014 1.40 trillion current LCU +3.7%
2015 1.44 trillion current LCU +3.0%
2016 1.49 trillion current LCU +3.0%
2017 1.58 trillion current LCU +6.1%
2018 1.66 trillion current LCU +5.2%
2019 1.71 trillion current LCU +3.1%
2020 1.66 trillion current LCU -3.3%
2021 1.87 trillion current LCU +12.7%
2022 2.15 trillion current LCU +15.2%
2023 2.37 trillion current LCU +10.2%
2024 2.53 trillion current LCU +6.8%

Albania compared with similar countries

  • Albania's 2.53 trillion current LCU is above the median for upper middle income countries, which is 913.58 billion current LCU, 2.8× the median. (58 countries reporting)
  • Albania's 2.53 trillion current LCU is above the median for Europe & Central Asia, which is 481.94 billion current LCU, 5.2× the median. (55 countries reporting)

Biggest year-on-year movements

Years where GDP (current 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
1992 +209.1% 15.83 billion current LCU 48.93 billion current LCU
1993 +147.2% 48.93 billion current LCU 120.98 billion current LCU
1995 +51.3% 177.98 billion current LCU 269.30 billion current LCU
1994 +47.1% 120.98 billion current LCU 177.98 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1980s 16.27 billion current LCU 14.99 billion current LCU 18.02 billion current LCU 10
1990s 217.03 billion current LCU 15.83 billion current LCU 453.51 billion current LCU 10
2000s 820.59 billion current LCU 516.21 billion current LCU 1.17 trillion current LCU 10
2010s 1.45 trillion current LCU 1.26 trillion current LCU 1.71 trillion current LCU 10
2020s 2.11 trillion current LCU 1.66 trillion current LCU 2.53 trillion current LCU 5

Countries ranked near Albania

  1. 83 France 2.92 trillion current LCU compare
  2. 84 United Kingdom 2.85 trillion current LCU compare
  3. 85 Australia 2.67 trillion current LCU compare
  4. 87 Italy 2.19 trillion current LCU compare
  5. 88 Israel 2.00 trillion current LCU compare
  6. 89 United Arab Emirates 1.97 trillion current LCU compare

See the full ranking of 211 places →

More population data for Albania

All data for Albania →

Frequently asked questions

What is gdp in Albania?
Gdp in Albania was 2.53 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Albania?
The highest recorded value was 2.53 trillion current LCU in 2024.
What is the lowest gdp recorded in Albania?
The lowest recorded value was 14.99 billion current LCU in 1980.
How does Albania rank for gdp?
Albania ranks 86th out of 211 countries with data for 2024.
Is gdp rising or falling in Albania?
Over the last ten years it is up 80.4%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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-current-lcu-2/albania/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release