Albania - Gross domestic product in current prices

15.12 (billion US dollars) in 2018

GDP of Albania shot up by 15.67% from 13.07 billion US dollars in 2017 to 15.12 billion US dollars in 2018. Since the 14.02% slump in 2015, GDP soared by 32.77% in 2018.

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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.