Albania 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$15.24 billion
↓ 2.20% vs 2019GDP per Capita
$5,370.78
↓ 1.64% vs 2019GDP Growth (Annual %)
-3.31%
↓ 5.38pp vs 2019Inflation Rate (CPI %)
1.62%
↑ 0.21pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.59 billion | $15.24 billion | -2.20% |
| GDP per Capita | $5,460.43 | $5,370.78 | -1.64% |
| GDP Growth (Annual %) | 2.06% | -3.31% | -5.38pp |
| Inflation (CPI %) | 1.41% | 1.62% | +0.21pp |
| Unemployment Rate (%) | 11.47% | 11.69% | +0.22pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $15.24 billion
- GDP per Capita
- $5,370.78
- GDP Growth (Annual %)
- -3.31%
- Gross National Income
- $14.99 billion
Prices & Employment
- Inflation (CPI %)
- 1.62%
- Inflation (GDP Deflator %)
- 0.04%
- Unemployment Rate (%)
- 11.69%
- Interest Rate (Real %)
- 6.08%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -8.63%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Albania's Gross Domestic Product (GDP) is $15.24 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Albania for 2020 is $5,370.78. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Albania for 2020 is 1.62%. This measures the annual percentage change in the cost of consumer goods and services.
Albania's annual GDP growth rate for 2020 is -3.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Albania for 2020 is 11.69%. This represents the percentage of the labor force that is unemployed and actively seeking employment.