Albania 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$24.51 billion
↑ 4.08% vs 2023GDP per Capita
$8,925.41
↑ 4.08% vs 2023GDP Growth (Annual %)
4.08%
↑ 0.15pp vs 2023Inflation Rate (CPI %)
2.21%
↓ 2.55pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $23.55 billion | $24.51 billion | +4.08% |
| GDP per Capita | $8,575.17 | $8,925.41 | +4.08% |
| GDP Growth (Annual %) | 3.94% | 4.08% | +0.15pp |
| Inflation (CPI %) | 4.76% | 2.21% | -2.55pp |
| Unemployment Rate (%) | 10.11% | 10.25% | +0.14pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $24.51 billion
- GDP per Capita
- $8,925.41
- GDP Growth (Annual %)
- 4.08%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 2.21%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 10.25%
- Interest Rate (Real %)
- N/A
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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Albania's Gross Domestic Product (GDP) is $24.51 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Albania for 2024 is $8,925.41. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Albania for 2024 is 2.21%. This measures the annual percentage change in the cost of consumer goods and services.
Albania's annual GDP growth rate for 2024 is 4.08%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Albania for 2024 is 10.25%. This represents the percentage of the labor force that is unemployed and actively seeking employment.