Albania GDP: Gross Value Added at Basic Prices

1996 - 2022 | Yearly | ALL mn | World Bank

Albania GDP: Gross Value Added at Basic Prices data was reported at 1,864,537.121 ALL mn in 2022. This records an increase from the previous number of 1,614,282.092 ALL mn for 2021. Albania GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 989,796.000 ALL mn from Dec 1996 (Median) to 2022, with 27 observations. The data reached an all-time high of 1,864,537.121 ALL mn in 2022 and a record low of 304,714.000 ALL mn in 1997. Albania GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

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Albania Albania GDP: Gross Value Added at Basic Prices
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Albania Albania GDP: Gross Value Added at Basic Prices

What was Albania's Albania GDP: Gross Value Added at Basic Prices in 2022?

Last Previous Min Max Unit Frequency Range
1,864,537.121 2022 1,614,282.092 2021 304,714.000 1997 1,864,537.121 2022 ALL mn yearly 1996 - 2022

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Albania Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 23,696.800 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 8,469.510 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.400 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 14.4 Mar 2023 quarterly Mar 2010 - Mar 2023
GDP per Capita (USD) 6,376.075 2021 yearly 1984 - 2021
Gross Fixed Capital Formation (USD mn) 1,533.333 Jun 2024 quarterly Mar 2008 - Jun 2024
Gross National Product (GNP) (USD mn) 18,569.375 2022 yearly 1984 - 2022
Gross Savings Rate (%) 17.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Investment: % of GDP (%) 21.7 Jun 2024 quarterly Mar 2008 - Jun 2024
Nominal GDP (USD mn) 1,020.5 Mar 2023 quarterly Mar 2008 - Mar 2023
Nominal GDP Growth (%) 7.871 Jun 2024 quarterly Mar 2009 - Jun 2024
Private Consumption Expenditure (USD mn) 4,986.058 Jun 2024 quarterly Mar 2008 - Jun 2024
Private Consumption: % of GDP (%) 73.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Public Consumption Expenditure (USD mn) 874.895 Jun 2024 quarterly Mar 2008 - Jun 2024
Public Consumption: % of GDP (%) 9.4 Sep 2022 quarterly Mar 2008 - Sep 2022
Real GDP Growth (%) 4.7 Dec 2022 quarterly Mar 2010 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 75.855 Jun 2024 quarterly Mar 2008 - Jun 2024
Capital Stock (USD mn) 223,971.375 2019 yearly 1970 - 2019
Capital Stock: General Government (ALL bn) 1,381.744 2019 yearly 1990 - 2019
Capital Stock: Private (ALL bn) 3,714.629 2019 yearly 1990 - 2019
Capital Stock: Public-Private Partnership (ALL bn) 205.343 2019 yearly 1985 - 2019
Production Last Frequency Range
Industrial Production Index Growth (%) -4.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Minerals Production (Metric Ton) 1,376,961.000 2022 yearly 2009 - 2022
Arable Land (ha) 599,900.000 2021 yearly 1961 - 2021
Average Precipitation in Depth (mm/Year) 1,485.000 2020 yearly 1961 - 2020
Forest Area (ha) 969,855.000 2023 yearly 2001 - 2023
Capture Fisheries Production (Metric Ton) 8,739.500 2022 yearly 1960 - 2022
Cereal Production (Metric Ton) 690,850.000 2022 yearly 1961 - 2022
Total Fisheries Production (Metric Ton) 17,551.500 2022 yearly 1960 - 2022
Land Area (sq km) 27,400.000 2021 yearly 1961 - 2021
Surface Area (sq km) 28,750.000 2021 yearly 1961 - 2021
Production Index: Manufacturing (2010=100) 134.474 2018 yearly 2005 - 2018
Agricultural Land (sq km) 11,363.300 2021 yearly 1961 - 2021
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 2023 yearly 1997 - 2023
Forecast: Government Expenditure (ALL bn) 1,027.504 2029 yearly 1997 - 2029
Forecast: Government Net Debt (ALL bn) 1,785.001 2029 yearly 1997 - 2029
Forecast: Government Revenue (ALL bn) 946.711 2029 yearly 1997 - 2029
Government Debt: % of GDP (%) 53.7 Jun 2024 quarterly Sep 2010 - Jun 2024
Tax Revenue (USD mn) 4,596.184 Oct 2024 monthly Dec 1997 - Oct 2024
National Government Debt (USD mn) 14,967.9 Sep 2024 quarterly Sep 2010 - Sep 2024
Consolidated Fiscal Balance (USD mn) 783.861 Oct 2024 monthly Dec 1997 - Oct 2024
Tax Revenue: % of GDP (%) 19.2 2023 yearly 2008 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 1,323,460.000 Jun 2023 quarterly Jun 1996 - Jun 2023
Forecast: Population (Person mn) 2.810 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 10.700 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 63.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Labour Productivity Growth (%) 1.59 Jun 2023 quarterly Mar 2010 - Jun 2023
Monthly Earnings (USD) 923 Jun 2024 quarterly Sep 1996 - Jun 2024
Population (Person mn) 2.8 2020 yearly 1989 - 2020
Unemployment Rate (%) 10.65 Dec 2023 quarterly Mar 2012 - Dec 2023
Domestic Trade and Household Survey Last Frequency Range
Consumer Confidence Growth (% Point) 1.2 Sep 2024 quarterly Jun 2017 - Sep 2024
Consumer Confidence: Net Balance (% Point) -18.9 Mar 2021 quarterly Jun 2003 - Mar 2021
Motor Vehicle Sales: Commercial Cars (Unit) 395.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 3,005.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 3,400 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) 38.9 2019 yearly 2006 - 2019
Retail Sales Growth (%) 4.5 Mar 2023 monthly Jan 2006 - Mar 2023
Number of Registered Vehicles (Unit) 804,005 2023 yearly 1993 - 2023
Consumer Confidence Indicator (% Point) -18.912 Mar 2021 quarterly Jun 2003 - Mar 2021

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