The gross domestic product (GDP) in current prices in Albania was forecast to continuously increase between 2024 and 2029 by in total ten billion U.S. dollars (+38.27 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 36.14 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Serbia, Montenegro, and Turkey.
Albania: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
36.14
2028*
33.92
2027*
31.85
2026*
29.91
2025*
27.99
2024*
26.13
2023*
22.82
2022
19.08
2021
17.98
2020
15.19
2019
15.4
2018
15.16
2017
13.05
2016
11.86
2015
11.39
2014
13.25
2013
12.78
2012
12.32
2011
12.9
2010
11.94
2009
12.04
2008
12.88
2007
10.68
2006
8.9
2005
8.05
2004
7.18
2003
5.56
2002
4.36
2001
3.93
2000
3.49
1999
3.23
1998
2.56
1997
2.22
1996
3.2
1995
2.88
1994
2.36
1993
1.46
1992
0.84
1991
1.33
1990
2.22
1989
2.78
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IMF. (October 22, 2024). Albania: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/444456/gross-domestic-product-gdp-in-albania/
IMF. "Albania: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/444456/gross-domestic-product-gdp-in-albania/
IMF. (2024). Albania: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/444456/gross-domestic-product-gdp-in-albania/
IMF. "Albania: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/444456/gross-domestic-product-gdp-in-albania/
IMF, Albania: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/444456/gross-domestic-product-gdp-in-albania/ (last visited December 21, 2024)
Albania: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/444456/gross-domestic-product-gdp-in-albania/