Albania 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$11.86 billion
↑ 4.17% vs 2015GDP per Capita
$4,124.06
↑ 4.33% vs 2015GDP Growth (Annual %)
3.31%
↑ 1.10pp vs 2015Inflation Rate (CPI %)
-0.37%
↓ 3.87pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $11.39 billion | $11.86 billion | +4.17% |
| GDP per Capita | $3,952.80 | $4,124.06 | +4.33% |
| GDP Growth (Annual %) | 2.22% | 3.31% | +1.10pp |
| Inflation (CPI %) | 3.50% | -0.37% | -3.87pp |
| Unemployment Rate (%) | 17.19% | 15.42% | -1.78pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $11.86 billion
- GDP per Capita
- $4,124.06
- GDP Growth (Annual %)
- 3.31%
- Gross National Income
- $12.05 billion
Prices & Employment
- Inflation (CPI %)
- -0.37%
- Inflation (GDP Deflator %)
- -0.63%
- Unemployment Rate (%)
- 15.42%
- Interest Rate (Real %)
- 7.41%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -7.59%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Albania's Gross Domestic Product (GDP) is $11.86 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Albania for 2016 is $4,124.06. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Albania for 2016 is -0.37%. This measures the annual percentage change in the cost of consumer goods and services.
Albania's annual GDP growth rate for 2016 is 3.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Albania for 2016 is 15.42%. This represents the percentage of the labor force that is unemployed and actively seeking employment.