Albania Real GDP Growth

2010 - 2020 | Quarterly | % | CEIC Data

The Gross Domestic Product (GDP) in Albania contracted 11.0 % YoY in Jun 2020, following a negative growth of 2.2 % in the previous quarter. Real GDP Growth YoY data in Albania is updated quarterly, available from Mar 2010 to Jun 2020, with an average rate of 2.5 %. The data reached an all-time high of 6.7 % in Sep 2010 and a record low of -11.0 % in Jun 2020. CEIC calculates Real GDP Growth from quarterly Real GDP. The Institute of Statistics of Albania provides Real GDP in local currency, at chain linked 2010 prices.

In the latest reports, Nominal GDP of Albania reached 3.2 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) fell 3.4 % in Jun 2020. GDP Per Capita in Albania reached 5,353.6 USD in Dec 2019. Its Gross Savings Rate was measured at -1.3 % in Jun 2020.

View Albania's Real GDP Growth from Mar 2010 to Jun 2020 in the chart:

Albania Real GDP Growth

What was Albania's Real GDP Growth in Jun 2020?

Last Previous Min Max Unit Frequency Range
-11.0 Jun 2020 -2.2 Mar 2020 -11.0 Jun 2020 6.7 Sep 2010 % quarterly Mar 2010 - Jun 2020

Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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Albania Key Series

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Includes 386 key indicators for Albania, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.9 2019 yearly 1997 - 2019
Consolidated Fiscal Balance (USD mn) -563.876 Oct 2020 monthly Dec 1997 - Oct 2020
Tax Revenue (USD mn) 2,336.707 Nov 2020 monthly Dec 1997 - Nov 2020
Tax Revenue: % of GDP (%) 19.5 2019 yearly 2008 - 2019
National Government Debt (USD mn) 11,432.2 Sep 2020 quarterly Sep 2010 - Sep 2020
Government Debt: % of GDP (%) 75.9 Jun 2020 quarterly Sep 2010 - Jun 2020
Forecast: Government Expenditure (ALL bn) 634.791 2025 yearly 1997 - 2025
Forecast: Government Net Debt (ALL bn) 1,528.582 2025 yearly 1997 - 2025
Forecast: Government Revenue (ALL bn) 592.100 2025 yearly 1997 - 2025
General Govt Balance: Consolidated (Cons): ytd (ALL mn) -66,187.000 Nov 2020 monthly Dec 1997 - Nov 2020
General Govt Balance: Cons: ytd: Revenue: Tax: Social Security Contributions (ALL mn) 71,897.000 Oct 2020 monthly Dec 1997 - Oct 2020
General Govt Balance: Cons: ytd: Revenue (ALL mn) 347,359.000 Nov 2020 monthly Dec 1997 - Nov 2020
General Govt Balance: Cons: ytd: Expenditure (ALL mn) 413,546.000 Nov 2020 monthly Dec 1997 - Nov 2020
General Govt Balance: Cons: ytd: Expenditure: Current (ALL mn) 343,665.000 Nov 2020 monthly Dec 1997 - Nov 2020
General Govt Balance: Cons: ytd: Revenue: Tax (ALL mn) 289,234.000 Oct 2020 monthly Dec 1997 - Oct 2020
General Govt Balance: Cons: ytd: Expenditure: Capital (ALL mn) 57,111.000 Nov 2020 monthly Dec 1997 - Nov 2020
General Govt Balance: Cons: ytd: Revenue: Tax: TC: Value Added Tax (ALL mn) 105,600.000 Nov 2020 monthly Jan 2002 - Nov 2020
General Govt Balance: Cons: ytd: Revenue: Tax: TC: Excise Tax (ALL mn) 36,122.000 Nov 2020 monthly Jan 2002 - Nov 2020
General Government Debt (ALL mn) 1,265,633.000 Jun 2020 quarterly Dec 2009 - Jun 2020
General Government Debt: CG: Domestic: Public: Long Term (ALL mn) 412,801.000 Jun 2020 quarterly Dec 2006 - Jun 2020
General Government Debt: CG: Foreign (ALL mn) 626,568.000 Jun 2020 quarterly Dec 2009 - Jun 2020
General Government Debt: CG: Domestic (ALL mn) 638,558.000 Jun 2020 quarterly Dec 2006 - Jun 2020
General Government Debt: CG: Domestic: Public: Short Term (ALL mn) 206,357.000 Jun 2020 quarterly Dec 2006 - Jun 2020
AL: Revenue Excluding Grants (ALL mn) 416,997.250 2018 yearly 1995 - 2018
AL: Social Contributions (ALL mn) 90,998.770 2018 yearly 1995 - 2018
AL: Expenditure (ALL mn) 380,814.840 2018 yearly 1995 - 2018
AL: Net Lending (+) / Net Borrowing (-) (ALL mn) -20,781.630 2018 yearly 1995 - 2018
AL: Net Acquisition of Financial Assets (ALL mn) 31,713.800 2018 yearly 1995 - 2018
AL: Central Government Debt: Total (ALL mn) 1,188,814.490 2016 yearly 1995 - 2016
AL: Central Government Debt: Total: % of GDP (%) 80.736 2016 yearly 1995 - 2016
AL: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains (ALL mn) 70,977.490 2018 yearly 1995 - 2018

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