Albania GDPAlbania GDPAlbania GDP

Albania GDP

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Key data points


Last release
Observation period
2024
Next release
Forecast
Highest
‪27.18 B‬USD on Dec 31, 2024
Lowest
‪650.00 M‬USD on Dec 31, 1992

About Albania GDP


Category
GDP
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Frequently Asked Questions


One of the ways to count Albania GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2024 Albania GDP was 27.18 B USD, and the year before it reached 23.55 B USD.
Albania GDP accounts for 0.02% of the world GDP.
In 2024 Albania GDP Per Capita was ‪5.73 K‬ USD, and in 2023 it reached ‪5.44 K‬ USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Albania Real GDP was ‪522.11 B‬ ALL, the quarter before it reached ‪518.74 B‬ ALL.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Albania GDP has ever reached is 27.18 B USD.
The lowest ever value Albania GDP has reached is 650 M USD.