Nomad Watch
AL

Albania

AL · ALB · #140 · 16 cities

Nomad score 60/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$43,595
GDP (2031)
$44.0B
GDP growth (2031)
3.2% →
Inflation (2031)
3.0% →
Unemployment (2031)
8.7% →
Population (2031)
2.5M
Population growth (2031)
-1.0% ↓
Gini index (2020)
29.4
Government debt (2031)
48.0% of GDP
Current account (2031)
-3.0% of GDP
FDI inflows (2025)
$1.9B
Life expectancy (2024)
79.8 yrs
Health spending (2023)
7.1% of GDP
Internet users (2024)
85.9%
Mobile subscriptions (2024)
89.1/100
Trade openness (2025)
79.5% of GDP
Exchange rate (2024)
93.12/USD
Foreign reserves (2025)
$8.6B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
48.0% of GDP
Current account (2031)
-3.0% of GDP
FDI inflows (2025)
$1.9B

Income inequality (Gini)

Gini index (2020)
0.29
Assessment
Low inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2024)
2.29/1k
Tax revenue (2024)
18.0% of GDP
Services sector (2025)
49.7% of GDP

Financial access and costs

ATMs per 100k (2024)
44.8
Bank branches per 100k (2024)
18.0
ICT service exports (2025)
3.1%
Goods and services tax (2024)
18.3%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $44.0B $43,595 3.2% 3.0% 8.7% 2.5M - 48.0% -3.0% - - - - -
2030 * $41.5B $43,049 3.2% 3.0% 8.7% 2.6M - 48.6% -3.1% - - - - -
2029 * $39.2B $40,069 3.2% 3.0% 8.7% 2.6M - 49.2% -3.0% - - - - -
2028 * $37.0B $37,311 3.2% 3.0% 8.7% 2.6M - 49.9% -3.1% - - - - -
2027 * $34.9B $34,746 3.2% 3.1% 8.7% 2.6M - 50.7% -3.4% - - - - -
2026 * $33.3B $32,600 3.4% 3.4% 8.7% 2.7M - 51.5% -2.8% - - - - -
2025 $30.3B $28,221 3.7% 2.2% 8.7% 2.7M - 52.6% -2.0% $1.9B - - - -
2024 $27.1B $26,702 4.0% 2.2% 8.8% 2.7M - 54.5% -2.4% $1.7B 79.8 - 85.9% 93.12
2023 $23.6B $24,848 4.0% 4.8% 9.5% 2.8M - 58.0% -1.2% $1.6B 79.6 7.1% 83.1% 100.65
2022 $19.2B $22,139 4.8% 6.7% 10.8% 2.8M - 64.7% -5.8% $1.4B 78.8 7.5% 82.6% 113.04
2021 $18.0B $18,213 9.0% 2.0% 11.5% 2.8M - 74.8% -7.7% $1.2B 76.8 7.4% 79.3% 103.52
2020 $15.3B $16,288 -3.3% 1.6% 11.7% 2.8M 29.4 75.4% -8.6% $1.1B 77.8 7.5% 72.2% 108.65
2019 $15.6B $16,442 2.1% 1.4% 11.5% 2.9M 30.1 66.6% -7.5% $1.2B 79.5 6.8% 68.6% 109.85
2018 $15.4B $15,055 3.7% 2.0% 12.3% 2.9M 30.1 68.5% -6.7% $1.2B 79.2 6.6% 65.4% 107.99
2017 $13.1B $14,111 3.3% 2.0% 13.7% 2.9M 33.1 71.9% -7.5% $1.0B 78.9 6.5% 62.4% 119.10
2016 $11.9B $13,056 3.9% 1.3% 15.2% 2.9M 33.7 73.3% -7.6% $1.0B 78.6 6.7% 59.6% 124.14
2015 $11.4B $12,387 2.2% 1.9% 17.1% 2.9M 32.8 73.7% -8.6% $989.6M 78.4 6.4% 56.9% 125.96
2014 $13.2B $11,788 1.8% 1.6% 17.5% 2.9M 34.6 72.0% -10.8% $1.1B 78.0 6.4% 54.3% 105.48
2013 $12.8B $10,882 1.0% 1.9% 15.9% 2.9M - 70.4% -9.3% $1.3B 78.0 6.2% 51.8% 105.67
2012 $12.3B $10,609 1.4% 2.0% 13.4% 2.9M 29.0 62.1% -10.2% $918.0M 78.1 6.1% 49.4% 108.18
2011 $12.9B $10,273 2.5% 3.4% 14.0% 2.9M - 59.4% -12.9% $1.0B 78.3 6.1% 47.0% 100.90
2010 $11.9B $9,755 3.7% 3.6% 14.0% 2.9M - 57.7% -11.3% $1.1B 78.4 6.2% 45.0% 103.94
2009 $12.0B $9,031 3.4% 2.2% 13.8% 2.9M - 59.7% -15.4% $1.3B 78.5 5.8% 41.2% 94.98
2008 $12.9B $8,469 7.5% 3.3% 13.1% 2.9M 30.0 55.1% -15.8% $1.2B 78.3 5.4% 23.9% 83.89
2007 $10.7B $7,585 6.0% 3.0% 13.4% 3.0M - 53.6% -10.6% $652.3M 77.7 5.9% 15.0% 90.43
2006 $8.9B $6,753 5.9% 2.4% 13.8% 3.0M - 56.7% -6.7% $325.1M 77.0 5.6% 9.6% 98.10
2005 $8.1B $6,014 5.5% 2.4% 14.1% 3.0M 30.6 58.2% -9.1% $262.5M 76.4 5.7% 6.0% 99.87
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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