Skip to content
Trading Basics

Albania

Capital
Tirane
Region
Europe & Central Asia
Income group
Upper middle income
Population
2.3 million (2025)

At a glance

  • Prices in Albania rose 2.2% in 2025, slower than in most countries.
  • Albania's economy grew 3.8% in 2025, close to the middle of the range worldwide.
  • Output per person in Albania was US$12,998 in 2025, higher than in most countries.
  • 10.9% of Albania's labour force had no job in 2025, a higher share than in most countries.
  • Albania's central government owed 50.0% of GDP in 2024, less than in most countries with data.
  • Albania had 2.3 million people in 2025: about less than 0.1% of everyone on Earth, the 146th largest population of 217 countries and territories.
  • Albania had a current account deficit of 0.5% of GDP in 2025, close to the middle of the range worldwide.

Consumer prices, change over the year (yearly average)

2.2%
World median 3.0%

Since 2000

Show the numbers
Inflation in Albania and the world median, last ten years
YearAlbaniaWorld median
20252.2%3.0%
20242.2%3.0%
20234.8%5.7%
20226.7%8.0%
20212.0%3.5%
20201.6%1.9%
20191.4%2.2%
20182.0%2.5%
20172.0%2.3%
20161.3%1.6%

Real GDP, change over the year

3.8%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Albania and the world median, last ten years
YearAlbaniaWorld median
20253.8%3.4%
20244.1%3.4%
20234.0%3.2%
20224.8%4.3%
20219.0%5.1%
2020−3.3%−3.8%
20192.1%2.8%
20183.7%3.2%
20173.3%3.3%
20163.9%3.1%

GDP divided by population, in US dollars at current prices

US$12,998
World median US$7,882

Since 2000

Show the numbers
GDP per person in Albania and the world median, last ten years
YearAlbaniaWorld median
2025US$12,998US$7,882
2024US$11,374US$7,853
2023US$9,741US$7,862
2022US$7,757US$7,656
2021US$7,242US$7,269
2020US$6,028US$6,433
2019US$6,069US$7,037
2018US$5,898US$6,978
2017US$5,006US$6,548
2016US$4,458US$5,982

Share of the labour force without a job (ILO modelled estimate)

10.9%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Albania and the world median, last ten years
YearAlbaniaWorld median
202510.9%5.1%
202410.7%5.1%
202310.7%5.2%
202210.8%5.3%
202111.5%6.0%
202011.6%6.4%
201911.5%5.4%
201812.3%5.4%
201713.6%5.6%
201615.4%5.9%

Central government debt, % of GDP

50.0%
World median 53.2%

Since 2011

Show the numbers
Government debt in Albania and the world median, last ten years
YearAlbaniaWorld median
202450.0%53.2%
202353.0%60.7%
202258.5%55.6%
202181.9%58.8%
202083.5%64.3%
201974.8%49.2%
201863.6%47.3%
201774.5%51.2%
201679.9%50.2%
201579.3%49.4%

Everyone living in the country, mid-year

2.3 million

Since 2000

Show the numbers
Population in Albania and the world median, last ten years
YearAlbania
20252.3 million
20242.4 million
20232.4 million
20222.5 million
20212.5 million
20202.5 million
20192.6 million
20182.6 million
20172.6 million
20162.7 million

Current account balance, % of GDP

−0.5%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Albania and the world median, last ten years
YearAlbaniaWorld median
2025−0.5%−0.8%
2024−2.4%−1.3%
2023−1.7%−1.2%
2022−6.2%−3.0%
2021−7.7%−2.4%
2020−8.6%−1.7%
2019−7.8%−2.1%
2018−6.6%−2.9%
2017−7.4%−2.1%
2016−7.5%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Albania since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.