Indicators of economy in Albania

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Albania reached 5.215 US dollars per inhabitant, or 14.80 bn US Dollar in the whole country. Albania is one of the smaller economies and is currently ranked 125. If this is calculated per inhabitant taking into account the purchasing power parity, then Albania is in the list of the world's richest countries in place 79.

Inflation in Albania was in 2020 at around 1.62%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 46.85% lower.
The Corruption Perceptions Index for the public sector counts 36 and is compared to other countries bad.


Back to overview: Albania