The Gross Domestic Product (GDP) in Albania was worth 15.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Albania represents 0.01 percent of the world economy.

GDP in Albania averaged 6.67 USD Billion from 1984 until 2019, reaching an all time high of 15.70 USD Billion in 2019 and a record low of 0.65 USD Billion in 1992. This page provides - Albania GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank

GDP in Albania is expected to reach 16.90 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania GDP is projected to trend around 18.50 USD Billion in 2021 and 20.10 USD Billion in 2022, according to our econometric models.

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Albania GDP

Actual Previous Highest Lowest Dates Unit Frequency
15.70 15.06 15.70 0.65 1984 - 2019 USD Billion Yearly
Current USD

Albania GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.20 1.70 6.00 -2.00 percent [+]
GDP Annual Growth Rate -0.15 4.20 13.50 -10.84 percent [+]
GDP 15.70 15.06 15.70 0.65 USD Billion [+]
GDP Constant Prices 387860.00 394099.20 394099.20 171020.40 ALL Million [+]
Gross Fixed Capital Formation 87445.00 91005.00 374058.00 61618.00 ALL Million [+]
GDP per capita 5075.40 4867.90 5075.40 1243.60 USD [+]
GDP per capita PPP 12306.30 11803.30 12306.30 3015.40 USD [+]
GDP From Agriculture 67086.97 66963.40 67873.99 50319.00 ALL Million [+]
GDP From Construction 32407.13 35622.63 45498.00 28028.00 ALL Million [+]
GDP From Manufacturing 26422.77 25392.67 26422.77 14554.00 ALL Million [+]
GDP From Mining 54405.49 49408.12 57686.00 28367.00 ALL Million [+]
GDP From Public Administration 44328.81 45605.66 45605.66 26314.00 ALL Million [+]
GDP From Services 62103.45 64044.95 64044.95 48198.00 ALL Million [+]


Albania GDP
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.
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