Albania's gross domestic product rose by 3.4% year-on-year in the first quarter of 2025, marking the slowest pace since Q4 2023, slowing from an upwardly revised 4.4% in the previous quarter. Household consumption increased by 2.5% and government spending rose by 7.3%. Meanwhile, gross fixed capital formation grew by 2.9%. On the external front, exports advanced 9.5%, outpacing a 1.7% rise in imports. On a seasonally adjusted quarterly basis, the economy grew by 0.7% in the first quarter of 2025. source: Instituti i Statistikave (INSTAT)

The Gross Domestic Product (GDP) in Albania expanded 3.39 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Albania averaged 3.92 percent from 1996 until 2025, 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 September of 2025.

The Gross Domestic Product (GDP) in Albania expanded 3.39 percent in the first quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Albania is expected to be 3.70 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 4.20 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-03-27 11:00 AM
GDP Growth Rate YoY
Q4 3.6% 4.2% 3.8%
2025-06-26 11:00 AM
GDP Growth Rate YoY
Q1 3.4% 4.4% 4%
2025-10-01 11:00 AM
GDP Growth Rate YoY
Q2 3.4% 3.7%


Related Last Previous Unit Reference
Full Year GDP Growth 3.96 3.94 percent Dec 2024
GDP Growth Rate YoY 3.39 4.35 percent Mar 2025
GDP Constant Prices 522109.96 518737.63 ALL Million Mar 2025
GDP from Agriculture 68708.09 69151.97 ALL Million Mar 2025
GDP from Construction 71506.95 68958.92 ALL Million Mar 2025
GDP from Manufacturing 31453.65 31894.27 ALL Million Mar 2025
GDP from Public Administration 71420.78 68740.14 ALL Million Mar 2025
GDP from Services 92873.67 92524.78 ALL Million Mar 2025
GDP Growth Rate 0.70 0.70 percent Mar 2025
Gross Fixed Capital Formation 110335.73 170426.59 ALL Million Mar 2025

Albania GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
3.39 4.35 15.45 -10.84 1996 - 2025 percent Quarterly
NSA

News Stream
Albania GDP Growth Hits Five-Quarter Low
Albania's gross domestic product rose by 3.4% year-on-year in the first quarter of 2025, marking the slowest pace since Q4 2023, slowing from an upwardly revised 4.4% in the previous quarter. Household consumption increased by 2.5% and government spending rose by 7.3%. Meanwhile, gross fixed capital formation grew by 2.9%. On the external front, exports advanced 9.5%, outpacing a 1.7% rise in imports. On a seasonally adjusted quarterly basis, the economy grew by 0.7% in the first quarter of 2025.
2025-06-26
Albania Q4 GDP Growth at Near 2-Year Low
Albania's gross domestic product rose by 3.6 percent year-on-year in the fourth quarter of 2024, easing from an upwardly revised 4.2 percent growth in the previous three-month period. This marked the weakest economic expansion since the first quarter of 2023, with household consumption advancing by 3.3 percent and government spending increasing by 0.6 percent. Meanwhile, gross fixed capital formation grew by 2 percent. In terms of net external demand, exports fell by 1.7 percent, while imports rose by 3.12 percent. On a seasonally adjusted quarterly basis, the economy grew by 0.7 percent in the fourth quarter of 2024.
2025-03-27
Albania GDP Growth Accelerates to 4.1% in Q3
Albania's gross domestic product rose 4.1 percent year-on-year in the third quarter of 2024, accelerating from a downwardly revised 4% growth in the previous three-month period. Government spending accelerated (6.8% vs 6.7% in Q2), while household consumption (0.8% vs 5.7%) and gross fixed capital formation (4.55 vs 4.9%) eased. Also, net external demand contributed negatively to growth, as imports surged 6.8% and exports increased at a softer 2.3%. On a seasonally adjusted quarterly basis, the economy grew 2.8%.
2024-12-24