The Gross Domestic Product (GDP) in Albania expanded 0.80 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Albania averaged 0.98 percent from 1996 until 2026, reaching an all time high of 9.25 percent in the third quarter of 2020 and a record low of -14.37 percent in the first quarter of 1997. source: Instituti i Statistikave (INSTAT)

GDP Growth Rate in Albania is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania GDP Growth Rate is projected to trend around 1.00 percent in 2027 and 0.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-29 11:15 AM
GDP Growth Rate QoQ
Q1 0.77% 1.0% 0.9%
2026-09-30 08:50 AM
GDP Growth Rate QoQ
Q2 0.8% 0.77% 1.0%
2026-12-24 11:00 AM
GDP Growth Rate QoQ
Q3 0.8% 1.1%


Related Last Previous Unit Reference
Full Year GDP Growth 3.79 3.96 percent Dec 2025
GDP Growth Rate YoY 3.61 3.72 percent Jun 2026
GDP Constant Prices 546590.28 542246.10 ALL Million Jun 2026
GDP from Agriculture 66699.52 67151.48 ALL Million Jun 2026
GDP from Construction 76305.94 76780.65 ALL Million Jun 2026
GDP from Manufacturing 34032.49 34221.96 ALL Million Jun 2026
GDP from Public Administration 76266.46 74288.82 ALL Million Jun 2026
GDP from Services 95649.84 93968.50 ALL Million Jun 2026
GDP Growth Rate 0.80 0.77 percent Jun 2026
Gross Fixed Capital Formation 132124.20 110332.82 ALL Million Jun 2026


Albania GDP Growth Rate
Albania’s most important sector is services (60 percent of GDP) with banking, communications and tourism driving the growth. The manufacturing industry accounts for 20 percent of GDP. The remaining 20 percent goes to agriculture which is dominated by small family owned operations and employs almost half of the labour force. Remittances also have a big importance for the economy and account for around 8 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 78 percent of its total use, followed by gross fixed capital formation (26 percent) and government expenditure (11 percent, as collective expenditure accounts for 6 percent and individual expenditure accounts for 5 percent). By contrast, net exports of goods and services contributes negatively accounting for -18 percent of total GDP, as exports accounts for 35 percent while imports accounts for a much higher 53 percent.
Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.77 9.25 -14.37 1996 - 2026 percent Quarterly
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