Albania GDP

Nominal GDP in billions of USD

Year - 2024

$27.18 billions(15.41%)

In 2024, Albania witnessed an increase in its Nominal GDP, rising to 27.18 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 63.76 international billion dollars.

Relatedly, in the preceding year of 2023, Albania has Nominal GDP stood at 23.55 billion dollars, while the GDP based on PPP was 58.38 international billion dollars.

Albania vs. Other Countries: Nominal GDP Comparison with Visual Pie Chart Analysis

Albania Annual GDP Net Change

The net change in Albania's GDP (Nominal) in 2024 increased by 3.63 billion dollars(15.41%), and GDP (PPP) increased by 5.38 international billion dollars(9.22%).

Nominal Net Chg
PPP Net Chg

Albania Annual GDP Table

Source: world bank Nominal PPP

Albania Annual GDP
	Nominal			PPP
Year	Bil $	Net Chg	% Chg	Int Bil $	Net Chg	% Chg
2024	27.18	3.63	15.41 %	63.76	5.38	9.22 %
2023	23.55	4.53	23.82 %	58.38	4.37	8.09 %
2022	19.02	0.99	5.49 %	54.01	8.67	19.12 %
2021	18.03	2.79	18.31 %	45.34	4.16	10.1 %
2020	15.24	-0.35	-2.25 %	41.18	-1.04	-2.46 %
2019	15.59	0.21	1.37 %	42.22	2.96	7.54 %
2018	15.38	2.12	15.99 %	39.26	1.89	5.06 %
2017	13.26	1.27	10.59 %	37.37	2.26	6.44 %
2016	11.99	0.52	4.53 %	35.11	1.27	3.75 %
2015	11.47	-1.83	-13.76 %	33.84	1.14	3.49 %
2014	13.3	0.5	3.91 %	32.7	2.05	6.69 %
2013	12.8	0.55	4.49 %	30.65	0.3	0.99 %
2012	12.25	-0.72	-5.55 %	30.35	0.5	1.68 %
2011	12.97	0.88	7.28 %	29.85	1.43	5.03 %
2010	12.09	-0.25	-2.03 %	28.42	2	7.57 %
2009	12.34	-0.92	-6.94 %	26.42	1.46	5.85 %
2008	13.26	2.14	19.24 %	24.96	2.43	10.79 %
2007	11.12	1.97	21.53 %	22.53	2.32	11.48 %
2006	9.15	0.89	10.77 %	20.21	2.1	11.6 %
2005	8.26	0.85	11.47 %	18.11	1.17	6.91 %
2004	7.41	1.61	27.76 %	16.94	1.23	7.83 %
2003	5.8	1.28	28.32 %	15.71	0.94	6.36 %
2002	4.52	0.46	11.33 %	14.77	1.15	8.44 %
2001	4.06	0.48	13.41 %	13.62	1.34	10.91 %
2000	3.58	0.3	9.15 %	12.28	1.25	11.33 %
1999	3.28	0.68	26.15 %	11.03	1.38	14.3 %
1998	2.6	0.31	13.54 %	9.65	0.96	11.05 %
1997	2.29	-0.94	-29.1 %	8.69	-0.98	-10.13 %
1996	3.23	0.32	11 %	9.67	0.82	9.27 %
1995	2.91	1.03	54.79 %	8.85	1.2	15.69 %
1994	1.88	0.69	57.98 %	7.65	0.73	10.55 %
1993	1.19	0.54	83.08 %	6.92	0.75	12.16 %
1992	0.65	-0.45	-40.91 %	6.17	-0.32	-4.93 %
1991	1.1	-0.93	-45.81 %	6.49	-2.24	-25.66 %
1990	2.03	-0.22	-9.78 %	8.73	-	-
1989	2.25	0.2	9.76 %	-	-	-
1988	2.05	-0.03	-1.44 %	-	-	-
1987	2.08	-0.02	-0.95 %	-	-	-
1986	2.1	0.2	10.53 %	-	-	-
1985	1.9	0.04	2.15 %	-	-	-
1984	1.86	-0.02	-1.06 %	-	-	-
1983	1.88	0.02	1.08 %	-	-	-
1982	1.86	0.05	2.76 %	-	-	-
1981	1.81	0.23	14.56 %	-	-	-
1980	1.58	-	-	-	-	-
1979	-	-	-	-	-	-
1978	-	-	-	-	-	-
1977	-	-	-	-	-	-
1976	-	-	-	-	-	-
1975	-	-	-	-	-	-
1974	-	-	-	-	-	-
1973	-	-	-	-	-	-
1972	-	-	-	-	-	-
1971	-	-	-	-	-	-
1970	-	-	-	-	-	-
1969	-	-	-	-	-	-
1968	-	-	-	-	-	-
1967	-	-	-	-	-	-
1966	-	-	-	-	-	-
1965	-	-	-	-	-	-
1964	-	-	-	-	-	-
1963	-	-	-	-	-	-
1962	-	-	-	-	-	-
1961	-	-	-	-	-	-
1960	-	-	-	-	-	-

Latest Projections by IMF

Year	Nominal (current $)	PPP (current Int. $)
2023	23.39	55.6
2024	27.26	59.21
2025	28.37	63.08
2026	29.74	66.69
2027	31.38	70.3
2028	33.35	74.25
2029	35.46	78.25
2030	37.68	82.49

LatestUpdate	2024
Nominal GDP	$27.18
PPP GDP	Int. $63.76
High Nominal GDP	$27.18
Mid-Nominal GDP	$5.45
Low Nominal GDP	-
Frequency	65 years
Unit	Billion USD