GDP growth in Albania

Albania: GDP growth was 4.0% in 2024. β—† Volatile

Latest (2024)
4.0%
Change on year
up 0.6%
World rank
75th
of 209 countries
All-time high
13.3%
in 1995
All-time low
-28.0%
in 1991
Years of data
44
1981–2024

GDP growth in Albania, 1981–2024

-30-20-100101981200220241981: 5.7 annual %1982: 2.9 annual %1983: 1.1 annual %1984: -1.3 annual %1985: 1.8 annual %1986: 5.6 annual %1987: -0.788 annual %1988: -1.4 annual %1989: 9.8 annual %1990: -9.6 annual %1991: -28 annual %1992: -7.2 annual %1993: 9.6 annual %1994: 8.3 annual %1995: 13.3 annual %1996: 7.3 annual %1997: -11.7 annual %1998: 8.3 annual %1999: 12.3 annual %2000: 7.5 annual %2001: 8.9 annual %2002: 4.6 annual %2003: 5.3 annual %2004: 5.3 annual %2005: 5.1 annual %2006: 6 annual %2007: 6.5 annual %2008: 6.9 annual %2009: 2.7 annual %2010: 3 annual %2011: 2.5 annual %2012: 0.984 annual %2013: 1.7 annual %2014: 2.2 annual %2015: 2.2 annual %2016: 3.9 annual %2017: 3.3 annual %2018: 3.7 annual %2019: 2.1 annual %2020: -3.3 annual %2021: 9 annual %2022: 4.8 annual %2023: 3.9 annual %2024: 4 annual %

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

In 2024, gdp growth in Albania stood at 4.0%.

Compared with earlier readings it is up 0.6% on the previous year and up 76.8% over ten years.

Over the whole period, gdp growth in Albania peaked at 13.3% in 1995 and was at its lowest, -28.0%, in 1991.

That places Albania 75th out of 209 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.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.6% -1.4% 9.8% 9
1990s 0.3% -28.0% 13.3% 10
2000s 5.9% 2.7% 8.9% 10
2010s 2.6% 1.0% 3.9% 10
2020s 3.7% -3.3% 9.0% 5

Countries ranked near Albania

  1. 72 Sierra Leone 4.0% compare
  2. 73 Somalia 4.0% compare
  3. 74 Vanuatu 4.0% compare
  4. 76 Saint Lucia 3.9% compare
  5. 77 Serbia 3.9% compare
  6. 78 Tuvalu 3.9% compare

See the full ranking of 212 places β†’

More population data for Albania

All data for Albania β†’

Frequently asked questions

What is gdp growth in Albania?
Gdp growth in Albania was 4.0% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Albania?
The highest recorded value was 13.3% in 1995.
What is the lowest gdp growth recorded in Albania?
The lowest recorded value was -28.0% in 1991.
How does Albania rank for gdp growth?
Albania ranks 75th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Albania?
Over the last ten years it is up 76.8%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Albania. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/albania/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release