Albania 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$23.55 billion
↑ 23.82% vs 2022GDP per Capita
$8,575.17
↑ 25.25% vs 2022GDP Growth (Annual %)
3.94%
↓ 0.89pp vs 2022Inflation Rate (CPI %)
4.76%
↓ 1.97pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $19.02 billion | $23.55 billion | +23.82% |
| GDP per Capita | $6,846.43 | $8,575.17 | +25.25% |
| GDP Growth (Annual %) | 4.83% | 3.94% | -0.89pp |
| Inflation (CPI %) | 6.73% | 4.76% | -1.97pp |
| Unemployment Rate (%) | 10.14% | 10.11% | -0.03pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $23.55 billion
- GDP per Capita
- $8,575.17
- GDP Growth (Annual %)
- 3.94%
- Gross National Income
- $23.25 billion
Prices & Employment
- Inflation (CPI %)
- 4.76%
- Inflation (GDP Deflator %)
- 6.07%
- Unemployment Rate (%)
- 10.11%
- Interest Rate (Real %)
- 0.27%
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)
- -1.20%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Albania's Gross Domestic Product (GDP) is $23.55 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Albania for 2023 is $8,575.17. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Albania for 2023 is 4.76%. This measures the annual percentage change in the cost of consumer goods and services.
Albania's annual GDP growth rate for 2023 is 3.94%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Albania for 2023 is 10.11%. This represents the percentage of the labor force that is unemployed and actively seeking employment.