Albania: Adjusted net national income per capita (annual % growth)

Key figures

What the numbers say

In 2021, Albania's adjusted net national income per capita (annual % growth) rose 14.68 percentage points on 2020 (from -1.68% to 13%).

Across the 24 yearly changes before that (1997 to 2020), the average change was −1.57 percentage points and a typical year strayed about 12.63 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 24.77 percentage points in 1998 and the biggest yearly fall was 52.95 percentage points in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Albania had the 12th highest value of the 137 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Albania in the 2021 ranking

• Iran, Islamic Rep. — 8th of 137: 13.66%
• Bahamas, The — 9th of 137: 13.55%
• Equatorial Guinea — 10th of 137: 13.16%
• Argentina — 12th of 137: 12.19%
• Belize — 13th of 137: 12.13%
• Croatia — 14th of 137: 11.29%

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 26 values

Adjusted net national income per capita (annual % growth) in nearby economies

• Armenia — 1.92% (2021)
• Austria — 3.36% (2021)
• Belarus — 4% (2021)
• Belgium — 5.55% (2021)
• Bosnia and Herzegovina — 10.47% (2021)
• Bulgaria — 7.43% (2021)
• Croatia — 11.29% (2021)
• Cyprus — 3.13% (2021)
• Czechia — 5.72% (2021)

More economic policy & debt data for Albania

• Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
• Adjusted savings, net forest depletion (current US$) — US$25.28 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$11.41 million (2021)
• Adjusted savings, energy depletion (current US$) — US$107.57 million (2021)
• Trade in services (% of GDP) — 46.51% (2025)
• Communications, computer, etc. (% of service imports, BoP) — 10.43% (2025)
• Primary income payments (BoP, current US$) — US$1.25 billion (2025)
• Imports of goods and services (current US$, BoP) — US$13.07 billion (2025)
• Insurance and financial services (% of service imports, BoP)

Reading data like this

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Questions people ask

What is Albania's adjusted net national income per capita (annual % growth)?

13% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is down 23.06 percentage points from 36.07% in 1996. The highest value was 36.07% in 1996 and the lowest -16.88% in 1997.

How does Albania rank?

12th highest of 137 economies with data for 2021.

Is the latest change in adjusted net national income per capita (annual % growth) unusual for Albania?

In 2021, Albania's adjusted net national income per capita (annual % growth) rose 14.68 percentage points on 2020 (from -1.68% to 13%). Across the 24 yearly changes before that (1997 to 2020), the average change was −1.57 percentage points and a typical year strayed about 12.63 percentage points from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.PC.KD.ZG, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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