Albania's GNI per capita (constant LCU) was 892,600 in 2024, the latest year in the World Bank's World Development Indicators. That is up 68.11% from 530,951 in 2014 (5.33% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 892,600 | 2024 |
| Five years earlier | 663,841 | 2019 |
| Ten years earlier | 530,951 | 2014 |
| Highest | 892,600 | 2024 |
| Lowest | 188,316 | 1997 |
| Average since 2015 | 693,824 | 2015–2024 |
| First recorded | 198,316 | 1995 |
What the numbers say
In 2024, Albania's GNI per capita (constant LCU) rose 57,455 on 2023 (from 835,145 to 892,600).
Across the 28 yearly changes before that (1996 to 2023), the average change was +22,744 and a typical year strayed about 20,019 from that (the standard deviation). This year's change was 1.7 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 71,572 in 2021 and the biggest yearly fall was 25,638 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 the straight-line trend is upward, about 34,586 a year. A straight line explains 92% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 937,800 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 83,982, against 118,338 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Albania had the 9th highest value of the 48 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 2024 ranking
- Japan — 5th of 48: 4.91 million
- Iraq — 6th of 48: 4.04 million
- Kazakhstan — 7th of 48: 909,934
- Macao SAR, China — 9th of 48: 568,237
- Czechia — 10th of 48: 559,472
- Vanuatu — 11th of 48: 505,160
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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 30 values
| Year | GNI per capita (constant LCU) |
|---|---|
| 2024 | 892,600 |
| 2023 | 835,145 |
| 2022 | 774,577 |
| 2021 | 715,769 |
| 2020 | 644,197 |
| 2019 | 663,841 |
| 2018 | 647,926 |
| 2017 | 616,244 |
| 2016 | 591,557 |
| 2015 | 556,381 |
| 2014 |
GNI per capita (constant LCU) 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 per capita (constant LCU)?
- 892,600 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 350.09% from 198,316 in 1995 (5.32% a year on average, compounded). The highest value was 892,600 in 2024 and the lowest 188,316 in 1997.
- How does Albania rank?
Source
World Bank, World Development Indicators, indicator NY.GNP.PCAP.KN, 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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