Albania's gross national expenditure deflator (base year varies by country) was 117.76 in 2024, the latest year in the World Bank's World Development Indicators. That is up 22.47% from 96.15 in 2014 (2.05% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 117.76 | 2024 |
| Five years earlier | 99.34 | 2019 |
| Ten years earlier | 96.15 | 2014 |
| Highest | 117.76 | 2024 |
| Lowest | 42.35 | 1995 |
| Average since 2015 | 103.48 | 2015–2024 |
| First recorded | 42.35 | 1995 |
What the numbers say
In 2024, Albania's gross national expenditure deflator (base year varies by country) rose 1.4% on 2023 (from 116.11 to 117.76).
Across the 28 yearly changes before that (1996 to 2023), the average change was +3.8% and a typical year strayed about 4.4% from that (the standard deviation). This year's change was 0.5 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 18.8% in 1997 and the biggest yearly fall was 1.2% in 2016. 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 2.58 a year. A straight line explains 86% 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.
How it compares
In 2024, Albania had the 23rd highest value of the 32 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
- Belize — 20th of 32: 118.19
- Timor-Leste — 21st of 32: 118.01
- United States — 22nd of 32: 117.98
- Solomon Islands — 24th of 32: 117.06
- Bahrain — 25th of 32: 113.24
- Bolivia — 26th of 32: 113.17
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.
All 30 values
| Year | Gross national expenditure deflator (base year varies by country) |
|---|---|
| 2024 | 117.76 |
| 2023 | 116.11 |
| 2022 | 111.25 |
| 2021 | 103.29 |
| 2020 | 100 |
| 2019 | 99.34 |
| 2018 | 98.42 |
| 2017 | 97.21 |
| 2016 | 95.13 |
| 2015 | 96.31 |
| 2014 |
Gross national expenditure deflator (base year varies by country) 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 gross national expenditure deflator (base year varies by country)?
- 117.76 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 178.04% from 42.35 in 1995 (3.59% a year on average, compounded). The highest value was 117.76 in 2024 and the lowest 42.35 in 1995.
- How does Albania rank?
- 23rd highest of 32 economies with data for 2024.
- Is the latest change in gross national expenditure deflator (base year varies by country) unusual for Albania?
- In 2024, Albania's gross national expenditure deflator (base year varies by country) rose 1.4% on 2023 (from 116.11 to 117.76). Across the 28 yearly changes before that (1996 to 2023), the average change was +3.8% and a typical year strayed about 4.4% from that (the standard deviation). This year's change was 0.5 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 NE.DAB.DEFL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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