Albania GDP Annual Growth Rate

Last Release

Dec 31, 2022

Actual

4.73

Units In

4.02

Frequency

Quarterly

Next Release

Dec 24, 2025

Time to Release

2 Months 23 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
18.38 Jun 2021	-11.33 Jun 2020	3.86 %	1996-2022	Instituti i Statistikave (INSTAT)

In Albania, the most important component on the expenditure side of the GDP is household consumption (78 percent) followed by gross fixed capital formation (26 percent) and government expenditure (11 percent). Net exports of goods and services subtracts 18 percent from the GDP as exports accounts for 35 percent and imports for 53 percent.

Latest Updates

Albania’s gross domestic product expanded 3.5% year-on-year in Q2 2025, the slowest pace since Q4 2023, easing from an upwardly revised 3.7% in the previous quarter. Household consumption grew 3.9% and government spending jumped 12.4%, while gross fixed capital formation increased 4.3%. Externally, imports rose 3.3%, outpacing a 1.0% gain in exports. On a seasonally adjusted basis, GDP advanced 0.9% from the previous quarter.