Albania GDP

The Gross Domestic Product (GDP) in Albania was worth 12.65 billion US dollars in 2012. The GDP value of Albania represents 0.02 percent of the world economy. GDP in Albania is reported by the World Bank Group. GDP in Albania averaged 5.16 USD Billion from 1984 until 2012, reaching an all time high of 12.97 USD Billion in 2008 and a record low of 0.71 USD Billion in 1992. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Albania GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.65 12.96 12.97 0.71 13.52 | 2013/12 1984 - 2012 USD Billion Yearly

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Albania GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 12.65 2012-12-31 12.96 12.97 0.71 13.52 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 1.10 2013-12-31 -2.30 13.50 -10.84 -1.95 2014-03-31 Percent [+]
GDP Constant Prices 238905.70 2013-11-15 233489.40 239407.60 171020.40 236598.93 2014-03-31 ALL Million [+]
GDP per capita 3549.50 2012-12-31 3502.60 3549.50 1065.50 3540.57 2013-12-31 USD [+]
GDP per capita PPP 8123.13 2012-12-31 8015.99 8123.13 2438.36 8102.67 2013-12-31 USD [+]
GDP Growth Rate 2.32 2013-12-31 -2.00 6.00 -2.60 -0.37 2014-03-31 Percent [+]
Gross Fixed Capital Formation 415121.00 2008-06-29 374058.00 415121.00 70939.39 418388.95 2008-12-31 ALL Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Albania Gold Reserves at 1.57 Tonnes  
Gold Reserves in Albania remained unchanged at 1.57 Tonnes in the fourth quarter of 2013 from 1.57 Tonnes in the third quarter of 2013. Gold Reserves in Albania is reported by the World Gold Council.
Albania Business Confidence at -3.20  
Business Confidence in Albania increased to -3.20 in the first quarter of 2014 from -7.40 in the fourth quarter of 2013. Business Confidence in Albania is reported by the Bank of Albania.
Albania Consumer Confidence at -16.40  
Consumer Confidence in Albania decreased to -16.40 in the first quarter of 2014 from -16.20 in the fourth quarter of 2013. Consumer Confidence in Albania is reported by the Bank of Albania.
Albania Producer Prices at 113.20 Index Points  
Producer Prices in Albania remained unchanged at 113.20 Index Points in December of 2013 from 113.20 Index Points in November of 2013. Producer Prices in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Unemployed Persons at 144.00 Thousand  
The number of unemployed persons in Albania increased to 144 Thousand in the fourth quarter of 2013 from 143 Thousand in the third quarter of 2013. Unemployed Persons in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Unemployment Rate at 13.50 Percent  
Unemployment Rate in Albania decreased to 13.50 percent in the fourth quarter of 2013 from 16.90 percent in the third quarter of 2013. Unemployment Rate in Albania is reported by the Bank of Albania.
Albania Average Monthly Wages at 52600.00 ALL  
Wages in Albania remained unchanged at 52600 ALL in the fourth quarter of 2013 from 52600 ALL in the third quarter of 2013. Wages in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Consumer Spending at 827011.51 ALL Million  
Consumer Spending in Albania increased to 827011.51 ALL Million in 2008 from 752963.82 ALL Million in 2007. Consumer Spending in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Current Account at -135.06 USD Million  
Albania recorded a Current Account deficit of 135.06 USD Million in December of 2013. Current Account in Albania is reported by the Bank of Albania.
Albania Employed Persons at 921.00 Thousand  
The number of employed persons in Albania decreased to 921 Thousand in the fourth quarter of 2013 from 971 Thousand in the third quarter of 2013. Employed Persons in Albania is reported by the Instituti i Statistikave (INSTAT).
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