Gross national expenditure in Albania

Albania: Gross national expenditure was 2.29 trillion constant LCU in 2024. ▲ Rising

Latest (2024)
2.29 trillion constant LCU
Change on year
up 6.4%
World rank
69th
of 168 countries
All-time high
2.29 trillion constant LCU
in 2024
All-time low
735.03 billion constant LCU
in 1995
Years of data
30
1995–2024

Gross national expenditure in Albania, 1995–2024

500.0B1.0T1.5T2.0T2.5T1995200920241995: 735.0B constant LCU1996: 855.6B constant LCU1997: 736.1B constant LCU1998: 773.3B constant LCU1999: 836.8B constant LCU2000: 975.1B constant LCU2001: 1.1T constant LCU2002: 1.1T constant LCU2003: 1.2T constant LCU2004: 1.2T constant LCU2005: 1.3T constant LCU2006: 1.4T constant LCU2007: 1.5T constant LCU2008: 1.6T constant LCU2009: 1.7T constant LCU2010: 1.6T constant LCU2011: 1.7T constant LCU2012: 1.7T constant LCU2013: 1.7T constant LCU2014: 1.7T constant LCU2015: 1.8T constant LCU2016: 1.8T constant LCU2017: 1.9T constant LCU2018: 1.9T constant LCU2019: 2.0T constant LCU2020: 1.9T constant LCU2021: 2.0T constant LCU2022: 2.1T constant LCU2023: 2.1T constant LCU2024: 2.3T constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2024, gross national expenditure in Albania stood at 2.29 trillion constant LCU. That is the highest value across all 30 years on record.

That represents a change of up 6.4% on the previous year and up 31.8% over ten years.

Over the whole period, gross national expenditure in Albania peaked at 2.29 trillion constant LCU in 2024 and was at its lowest, 735.03 billion constant LCU, in 1995.

That places Albania 69th out of 168 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 787.37 billion constant LCU 735.03 billion constant LCU 855.61 billion constant LCU 5
2000s 1.32 trillion constant LCU 975.08 billion constant LCU 1.67 trillion constant LCU 10
2010s 1.77 trillion constant LCU 1.64 trillion constant LCU 1.96 trillion constant LCU 10
2020s 2.10 trillion constant LCU 1.90 trillion constant LCU 2.29 trillion constant LCU 5

Countries ranked near Albania

  1. 66 United Kingdom 2.52 trillion constant LCU compare
  2. 67 Poland 2.46 trillion constant LCU compare
  3. 68 Denmark 2.30 trillion constant LCU compare
  4. 70 Italy 1.90 trillion constant LCU compare
  5. 71 Uruguay 1.85 trillion constant LCU compare
  6. 72 Israel 1.71 trillion constant LCU compare

See the full ranking of 168 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is gross national expenditure in Albania?
Gross national expenditure in Albania was 2.29 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Albania?
The highest recorded value was 2.29 trillion constant LCU in 2024.
What is the lowest gross national expenditure recorded in Albania?
The lowest recorded value was 735.03 billion constant LCU in 1995.
How does Albania rank for gross national expenditure?
Albania ranks 69th out of 168 countries with data for 2024.
Is gross national expenditure rising or falling in Albania?
Over the last ten years it is up 31.8%. The long-run trend across the full record is rising.
Where does this Albania data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 7,001 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.