Economic Main Information

Written By Fahad AlHadhrami

  • The Gross Domestic Product (GDP) in 2022 was $18.5 billion.

  • The growth rate of Gross Domestic Product (GDP) in 2022 was 4.8%.

  • The global ranking of the economy based on Gross Domestic Product (GDP) is 124th.

  • The inflation rate in 2022 was 6.7%.

  • Credit rating as September 2023 Stable BB.

  • The unemployment rate in 2022 was 11.8%.

  • The volume of foreign trade in 2022 was $12.708 billion.

  • The growth rate of foreign trade in 2022 was 12.7%.

Fahad AlHadhrami
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Economic Sector Contributions to Albania’s GDP