Albania's GNI (annual % growth) was 5.35% in 2024, the latest year in the World Bank's World Development Indicators. That is up 3.16 percentage points from 2.19% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5.35% | 2024 |
| Five years earlier | 0.89% | 2019 |
| Ten years earlier | 2.19% | 2014 |
| Highest | 15.72% | 1999 |
| Lowest | -12.53% | 1997 |
| Average since 2015 | 3.78% | 2015–2024 |
| First recorded | 7.22% | 1996 |
What the numbers say
In 2024, Albania's GNI (annual % growth) fell 0.71 percentage points on 2023 (from 6.06% to 5.35%).
Across the 27 yearly changes before that (1997 to 2023), the average change was −0.04 percentage points and a typical year strayed about 7.13 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 22.19 percentage points in 1998 and the biggest yearly fall was 19.75 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 2015 to 2024 there is no clear straight-line trend: a straight line explains 9% 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 2024, Albania had the 9th highest value of the 47 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.
| Value | Year | |
|---|---|---|
| Albania | 5.35% | 2024 |
| World | 2.51% | 2024 |
| Europe & Central Asia | 1.88% | 2024 |
Closest to Albania in the 2024 ranking
- Angola — 6th of 47: 6.94%
- Ghana — 7th of 47: 6.63%
- Kazakhstan — 8th of 47: 6.55%
- Lithuania — 10th of 47: 5.31%
- Solomon Islands — 11th of 47: 5.03%
- Tonga — 12th of 47: 4.21%
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 29 values
| Year | GNI (annual % growth) |
|---|---|
| 2024 | 5.35 |
| 2023 | 6.06 |
| 2022 | 6.56 |
| 2021 | 9.41 |
| 2020 | -4.45 |
| 2019 | 0.8875 |
| 2018 | 3.53 |
| 2017 | 2.58 |
| 2016 | 4.69 |
| 2015 | 3.18 |
| 2014 | 2.19 |
GNI (annual % growth) in nearby economies
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
Questions people ask
- What is Albania's GNI (annual % growth)?
- 5.35% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is down 1.87 percentage points from 7.22% in 1996. The highest value was 15.72% in 1999 and the lowest -12.53% in 1997.
- How does Albania rank?
- 9th highest of 47 economies with data for 2024.
- Is the latest change in GNI (annual % growth) unusual for Albania?
- In 2024, Albania's GNI (annual % growth) fell 0.71 percentage points on 2023 (from 6.06% to 5.35%). Across the 27 yearly changes before that (1997 to 2023), the average change was −0.04 percentage points and a typical year strayed about 7.13 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNP.MKTP.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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