Albania GDP PPP

Albania GDP PPP

Albania’s PPP GDP reached $54.2 billion in 2023. The economy, driven by tourism, agriculture, and energy, is transitioning toward market reforms. GDP per capita (PPP) is approximately $19,000. Remittances and EU integration efforts fuel growth, but corruption, high public debt, and unemployment pose challenges. Investments in hydropower and coastal tourism are boosting prospects. Infrastructure improvements and foreign investment are critical for sustained growth, though governance reforms remain essential.

Albania GDP PPP Statistics by Year

Year GDP, Purchasing Power Parity (PPP)
2000 12.3
2001 13.6
2002 14.8
2003 15.7
2004 16.9
2005 18.1
2006 20.2
2007 22.5
2008 25.0
2009 26.4
2010 28.4
2011 29.8
2012 30.3
2013 30.7
2014 32.7
2015 33.8
2016 35.1
2017 37.4
2018 39.3
2019 42.2
2020 41.2
2021 45.3
2022 54.3
2023 59.9
2024 63.5
2025 (Est.) 67.5
2026 (Est.) 71.5

Last updated on April 25, 2026