Albania's GDP grew 3.71% year-on-year in the first quarter of 2026, easing from 4.04% in the previous quarter. Growth was driven by public administration, education and health (13.9%), followed by real estate activities (9%), professional and administrative activities (7.3%), building (3.3%), trade, transportations, acommodation and food services (1.6%), financial and insurance (5%) and information and communication (2.5%). In contrast, mining, processing, electricity and water activities (-2.2%), recreational and entertainment (-3.5%) and agriculture, forestry and fishing (-0.5%) weighed on growth. On the expenditure side, household consumption and investment both rose 3.9%, while exports (9.4%) outpaced imports (7.4%). Government spending fell 1.4%. On a quarterly basis, the economy expanded 0.8%, down from 1.0% in the previous quarter. source: Instituti i Statistikave (INSTAT)
The Gross Domestic Product (GDP) in Albania expanded 3.71 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Albania averaged 3.82 percent from 1996 until 2026, reaching an all time high of 15.45 percent in the second quarter of 2021 and a record low of -10.84 percent in the fourth quarter of 1997. This page provides the latest reported value for - Albania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
The Gross Domestic Product (GDP) in Albania expanded 3.71 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Albania is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania GDP Annual Growth Rate is projected to trend around 3.50 percent in 2027 and 3.40 percent in 2028, according to our econometric models.