Albania's GDP grew 3.61% year-on-year in the second quarter of 2026, easing slightly from 3.71% in the previous quarter. The largest gains were recorded for public administration, education and health (12.1% vs 14% in Q1), followed by real estate activities (7.2% vs 9%), trade, transport, accommodation and food services (5.5% vs 1.6%), financial and insurance (3.5% vs 5%), information and communication (2.6% vs 2.6%), construction (1.4% vs 3.4%) and industry, electricity and water (0.5% vs -2.1%). In contrast, agriculture, forestry and fishing (-2.3% vs -0.5%), professional and administrative activities (-2.2% vs 7.2%) and arts, entertainment and recreation (-2.1% vs -3.5%) weighed down on the growth. On a quarterly basis, the economy expanded 0.8%, the same pace as in the previous quarter. source: Instituti i Statistikave (INSTAT)
The Gross Domestic Product (GDP) in Albania expanded 3.61 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Albania averaged 4.06 percent from 1996 until 2026, reaching an all time high of 19.16 percent in the first quarter of 1999 and a record low of -15.25 percent in the first quarter of 1997. This page provides the latest reported value for - Albania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
The Gross Domestic Product (GDP) in Albania expanded 3.61 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Albania is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania GDP Annual Growth Rate is projected to trend around 3.50 percent in 2027 and 3.40 percent in 2028, according to our econometric models.