GDP (current US$), annual growth rate in Albania
Albania: GDP (current US$), annual growth rate was 15.42 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Albania, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current us$), annual growth rate in Albania is 15.42 % change on previous year, measured in 2024.
Compared with earlier readings it is down 35.3% on the previous year and up 295.2% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Albania peaked at 81.75 % change on previous year in 1993 and was at its lowest, -45.8 % change on previous year, in 1991.
Albania ranks 17th of 211 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Albania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 14.58 % change on previous year | — |
| 1982 | 2.93 % change on previous year | -79.9% |
| 1983 | 1.09 % change on previous year | -62.9% |
| 1984 | -1.28 % change on previous year | -217.6% |
| 1985 | 2.14 % change on previous year | -267.1% |
| 1986 | 10.56 % change on previous year | +393.8% |
| 1987 | -0.7881 % change on previous year | -107.5% |
| 1988 | -1.42 % change on previous year | +80.2% |
| 1989 | 9.84 % change on previous year | -792.7% |
| 1990 | -9.97 % change on previous year | -201.3% |
| 1991 | -45.8 % change on previous year | +359.5% |
| 1992 | -40.69 % change on previous year | -11.2% |
| 1993 | 81.75 % change on previous year | -300.9% |
| 1994 | 58.69 % change on previous year | -28.2% |
| 1995 | 54.45 % change on previous year | -7.2% |
| 1996 | 11.34 % change on previous year | -79.2% |
| 1997 | -29.09 % change on previous year | -356.5% |
| 1998 | 13.37 % change on previous year | -146.0% |
| 1999 | 26.29 % change on previous year | +96.6% |
| 2000 | 9.15 % change on previous year | -65.2% |
| 2001 | 13.24 % change on previous year | +44.6% |
| 2002 | 11.23 % change on previous year | -15.1% |
| 2003 | 28.5 % change on previous year | +153.7% |
| 2004 | 27.66 % change on previous year | -2.9% |
| 2005 | 11.48 % change on previous year | -58.5% |
| 2006 | 10.83 % change on previous year | -5.7% |
| 2007 | 21.49 % change on previous year | +98.5% |
| 2008 | 19.26 % change on previous year | -10.4% |
| 2009 | -6.96 % change on previous year | -136.1% |
| 2010 | -2.02 % change on previous year | -71.0% |
| 2011 | 7.34 % change on previous year | -463.7% |
| 2012 | -5.61 % change on previous year | -176.4% |
| 2013 | 4.5 % change on previous year | -180.2% |
| 2014 | 3.9 % change on previous year | -13.2% |
| 2015 | -13.73 % change on previous year | -452.0% |
| 2016 | 4.52 % change on previous year | -132.9% |
| 2017 | 10.59 % change on previous year | +134.3% |
| 2018 | 16 % change on previous year | +51.1% |
| 2019 | 1.34 % change on previous year | -91.6% |
| 2020 | -2.2 % change on previous year | -264.9% |
| 2021 | 18.31 % change on previous year | -930.4% |
| 2022 | 5.46 % change on previous year | -70.2% |
| 2023 | 23.82 % change on previous year | +336.0% |
| 2024 | 15.42 % change on previous year | -35.3% |
Albania compared with similar countries
- Albania's 15.42 % change on previous year is above the median for upper middle income countries, which is 5.6 % change on previous year, 2.8× the median. (58 countries reporting)
- Albania's 15.42 % change on previous year is above the median for Europe & Central Asia, which is 5.96 % change on previous year, 2.6× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.18 % change on previous year | -1.42 % change on previous year | 14.58 % change on previous year | 9 |
| 1990s | 12.03 % change on previous year | -45.8 % change on previous year | 81.75 % change on previous year | 10 |
| 2000s | 14.59 % change on previous year | -6.96 % change on previous year | 28.5 % change on previous year | 10 |
| 2010s | 2.68 % change on previous year | -13.73 % change on previous year | 16 % change on previous year | 10 |
| 2020s | 12.16 % change on previous year | -2.2 % change on previous year | 23.82 % change on previous year | 5 |
Countries ranked near Albania
- 14 American Samoa 16.13 % change on previous year compare
- 15 Mongolia 16.04 % change on previous year compare
- 16 Tajikistan 16.01 % change on previous year compare
- 18 Kenya 15.24 % change on previous year compare
- 19 Kyrgyzstan 15.13 % change on previous year compare
- 20 Belize 14.64 % change on previous year compare
More population data for Albania
- Population regions with projections, annual growth rate -1.31 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.03 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.31 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -2.36 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 2,456 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.286 Percent per annum (2030)
- Projected population under age 5, annual growth rate -1.32 % change on previous year (2100)
- World population growth -1.3% (2100)
- Population density 43.25 people per km² (2100)
- Number of children under 5, by world region 36,822 people (2100)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Albania?
- Gdp (current us$), annual growth rate in Albania was 15.42 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Albania?
- The highest recorded value was 81.75 % change on previous year in 1993.
- What is the lowest gdp (current us$), annual growth rate recorded in Albania?
- The lowest recorded value was -45.8 % change on previous year in 1991.
- How does Albania rank for gdp (current us$), annual growth rate?
- Albania ranks 17th out of 211 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Albania?
- Over the last ten years it is up 295.2%. 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 GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.