Albania - GDP

GDP (current US$)

The latest value for GDP (current US$) in Albania was $14,887,630,000 as of 2020. Over the past 36 years, the value for this indicator has fluctuated between $15,400,240,000 in 2019 and $652,175,000 in 1992.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1984 $1,857,338,000
1985 $1,897,050,000
1986 $2,097,326,000
1987 $2,080,796,000
1988 $2,051,236,000
1989 $2,253,090,000
1990 $2,028,554,000
1991 $1,099,559,000
1992 $652,175,000
1993 $1,185,315,000
1994 $1,880,952,000
1995 $2,392,765,000
1996 $3,199,641,000
1997 $2,258,514,000
1998 $2,545,965,000
1999 $3,212,122,000
2000 $3,480,355,000
2001 $3,922,101,000
2002 $4,348,068,000
2003 $5,611,496,000
2004 $7,184,686,000
2005 $8,052,073,000
2006 $8,896,073,000
2007 $10,677,320,000
2008 $12,881,350,000
2009 $12,044,210,000
2010 $11,926,920,000
2011 $12,890,760,000
2012 $12,319,830,000
2013 $12,776,220,000
2014 $13,228,150,000
2015 $11,386,850,000
2016 $11,861,200,000
2017 $13,019,690,000
2018 $15,156,430,000
2019 $15,400,240,000
2020 $14,887,630,000

GDP (current LCU)

The value for GDP (current LCU) in Albania was 1,617,540,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,691,730,000,000 in 2019 and a minimum value of 14,991,970,000 in 1980.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 14,991,970,000
1981 15,514,160,000
1982 15,968,780,000
1983 16,142,520,000
1984 15,935,960,000
1985 16,276,690,000
1986 16,778,610,000
1987 16,646,370,000
1988 16,409,890,000
1989 18,024,720,000
1990 16,228,430,000
1991 15,833,650,000
1992 48,934,320,000
1993 120,976,000,000
1994 177,982,000,000
1995 221,803,000,000
1996 334,359,000,000
1997 331,324,000,000
1998 384,848,000,000
1999 443,594,000,000
2000 501,199,000,000
2001 563,449,000,000
2002 610,494,000,000
2003 677,738,000,000
2004 737,656,000,000
2005 804,163,000,000
2006 872,735,000,000
2007 965,528,000,000
2008 1,080,680,000,000
2009 1,143,940,000,000
2010 1,239,650,000,000
2011 1,300,620,000,000
2012 1,332,810,000,000
2013 1,350,050,000,000
2014 1,395,310,000,000
2015 1,434,310,000,000
2016 1,472,480,000,000
2017 1,550,650,000,000
2018 1,636,730,000,000
2019 1,691,730,000,000
2020 1,617,540,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Albania was 1,617,540,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 1,691,730,000,000 in 2019 and 19,113,210,000 in 1991.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 19,589,750,000
1991 19,113,210,000
1992 59,069,870,000
1993 146,034,000,000
1994 214,846,000,000
1995 267,424,000,000
1996 334,359,000,000
1997 331,324,000,000
1998 384,848,000,000
1999 443,594,000,000
2000 501,199,000,000
2001 563,449,000,000
2002 610,494,000,000
2003 677,738,000,000
2004 737,656,000,000
2005 804,163,000,000
2006 872,735,000,000
2007 965,528,000,000
2008 1,080,680,000,000
2009 1,143,940,000,000
2010 1,239,650,000,000
2011 1,300,620,000,000
2012 1,332,810,000,000
2013 1,350,050,000,000
2014 1,395,300,000,000
2015 1,434,310,000,000
2016 1,472,480,000,000
2017 1,550,640,000,000
2018 1,636,730,000,000
2019 1,691,730,000,000
2020 1,617,540,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Albania was 12,457,860,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 12,970,910,000 in 2019 and 3,527,708,000 in 1992.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 4,650,625,000
1981 4,917,833,000
1982 5,062,840,000
1983 5,118,781,000
1984 5,054,715,000
1985 5,144,721,000
1986 5,434,742,000
1987 5,391,925,000
1988 5,315,357,000
1989 5,838,205,000
1990 5,279,159,000
1991 3,800,882,000
1992 3,527,708,000
1993 3,864,936,000
1994 4,185,837,000
1995 4,743,488,000
1996 5,175,145,000
1997 4,610,020,000
1998 5,017,058,000
1999 5,663,798,000
2000 6,057,217,000
2001 6,559,561,000
2002 6,857,137,000
2003 7,236,243,000
2004 7,635,298,000
2005 8,057,257,000
2006 8,532,850,000
2007 9,043,393,000
2008 9,721,650,000
2009 10,047,740,000
2010 10,420,210,000
2011 10,685,440,000
2012 10,836,880,000
2013 10,945,470,000
2014 11,139,690,000
2015 11,386,850,000
2016 11,764,320,000
2017 12,211,630,000
2018 12,702,460,000
2019 12,970,910,000
2020 12,457,860,000

GDP (constant LCU)

The value for GDP (constant LCU) in Albania was 1,482,060,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,543,090,000,000 in 2019 and a minimum value of 419,676,000,000 in 1992.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 553,264,000,000
1981 585,052,000,000
1982 602,303,000,000
1983 608,958,000,000
1984 601,337,000,000
1985 612,044,000,000
1986 646,547,000,000
1987 641,453,000,000
1988 632,344,000,000
1989 694,545,000,000
1990 628,038,000,000
1991 452,174,000,000
1992 419,676,000,000
1993 459,794,000,000
1994 497,970,000,000
1995 564,311,000,000
1996 615,664,000,000
1997 548,433,000,000
1998 596,857,000,000
1999 673,796,000,000
2000 720,600,000,000
2001 780,361,000,000
2002 815,763,000,000
2003 860,863,000,000
2004 908,337,000,000
2005 958,536,000,000
2006 1,015,110,000,000
2007 1,075,850,000,000
2008 1,156,540,000,000
2009 1,195,330,000,000
2010 1,239,650,000,000
2011 1,271,200,000,000
2012 1,289,210,000,000
2013 1,302,130,000,000
2014 1,325,240,000,000
2015 1,354,640,000,000
2016 1,399,550,000,000
2017 1,452,760,000,000
2018 1,511,150,000,000
2019 1,543,090,000,000
2020 1,482,060,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Albania was 38,061,510,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 39,953,040,000 in 2019 and 5,917,192,000 in 1992.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,374,478,000
1991 6,233,347,000
1992 5,917,192,000
1993 6,636,506,000
1994 7,341,010,000
1995 8,493,446,000
1996 9,436,014,000
1997 8,555,908,000
1998 9,451,420,000
1999 10,792,630,000
2000 11,926,130,000
2001 13,157,360,000
2002 14,221,990,000
2003 15,198,230,000
2004 16,429,420,000
2005 17,663,280,000
2006 19,650,780,000
2007 21,631,650,000
2008 24,251,530,000
2009 25,800,310,000
2010 28,048,670,000
2011 29,655,560,000
2012 30,530,370,000
2013 30,603,910,000
2014 32,529,200,000
2015 33,585,840,000
2016 34,739,970,000
2017 36,696,820,000
2018 38,690,680,000
2019 39,953,040,000
2020 38,061,510,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Albania was 37,436,770,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 38,978,520,000 in 2019 and 10,601,020,000 in 1992.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 15,864,250,000
1991 11,421,920,000
1992 10,601,020,000
1993 11,614,410,000
1994 12,578,740,000
1995 14,254,520,000
1996 15,551,680,000
1997 13,853,440,000
1998 15,076,620,000
1999 17,020,120,000
2000 18,202,370,000
2001 19,711,950,000
2002 20,606,190,000
2003 21,745,430,000
2004 22,944,620,000
2005 24,212,640,000
2006 25,641,820,000
2007 27,176,040,000
2008 29,214,260,000
2009 30,194,190,000
2010 31,313,470,000
2011 32,110,520,000
2012 32,565,600,000
2013 32,891,920,000
2014 33,475,570,000
2015 34,218,300,000
2016 35,352,630,000
2017 36,696,820,000
2018 38,171,800,000
2019 38,978,520,000
2020 37,436,770,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts