The growth of the real gross domestic product (GDP) in Albania was forecast to increase between 2024 and 2029 by in total 0.2 percentage points. This overall increase does not happen continuously, notably not in 2027. The growth is estimated to amount to 3.47 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.
Find more key insights for the growth of the real gross domestic product (GDP) in countries like Romania, Cyprus, and Turkey.
Albania: Growth rate of the real gross domestic product (GDP) from 2019 to 2029
(compared to the previous year)
Characteristic
GDP growth compared to previous year
2029*
3.47%
2028*
3.47%
2027*
3.46%
2026*
3.5%
2025*
3.39%
2024*
3.25%
2023*
3.45%
2022
4.86%
2021
8.91%
2020
-3.3%
2019
2.09%
Created with Highcharts 7.2.2GDP growth compared to previous year2.09%2.09%-3.3%-3.3%8.91%8.91%4.86%4.86%3.45%3.45%3.25%3.25%3.39%3.39%3.5%3.5%3.46%3.46%3.47%3.47%3.47%3.47%20192020202120222023*2024*2025*2026*2027*2028*2029*
-5%-2.5%0%2.5%5%7.5%10%12.5%
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IMF. (October 22, 2024). Albania: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/444428/gross-domestic-product-gdp-growth-rate-in-albania/
IMF. "Albania: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/444428/gross-domestic-product-gdp-growth-rate-in-albania/
IMF. (2024). Albania: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/444428/gross-domestic-product-gdp-growth-rate-in-albania/
IMF. "Albania: Growth Rate of The Real Gross Domestic Product (Gdp) from 2019 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/444428/gross-domestic-product-gdp-growth-rate-in-albania/
IMF, Albania: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/444428/gross-domestic-product-gdp-growth-rate-in-albania/ (last visited February 19, 2025)
Albania: Growth rate of the real gross domestic product (GDP) from 2019 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/444428/gross-domestic-product-gdp-growth-rate-in-albania/
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