Annual inflation, consumer prices in Albania
Albania: Annual inflation, consumer prices was 2.2% in 2024. ◆ Volatile
Annual inflation, consumer prices in Albania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Albania recorded 2.2% for annual inflation, consumer prices in 2024.
The figure is down 53.4% on the previous year and up 36.3% over ten years.
Over the whole period, annual inflation, consumer prices in Albania peaked at 7.8% in 2002 and was at its lowest, 0.1%, in 2000.
That places Albania 141st out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Albania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.1% | — |
| 2001 | 3.1% | +6112.9% |
| 2002 | 7.8% | +150.1% |
| 2003 | 0.5% | -93.8% |
| 2004 | 2.3% | +371.1% |
| 2005 | 2.4% | +3.8% |
| 2006 | 2.4% | +0.2% |
| 2007 | 2.9% | +23.7% |
| 2008 | 3.3% | +13.2% |
| 2009 | 2.3% | -31.7% |
| 2010 | 3.6% | +60.0% |
| 2011 | 3.4% | -5.5% |
| 2012 | 2.0% | -40.7% |
| 2013 | 1.9% | -4.6% |
| 2014 | 1.6% | -16.1% |
| 2015 | 1.9% | +16.6% |
| 2016 | 1.3% | -32.7% |
| 2017 | 2.0% | +55.8% |
| 2018 | 2.0% | +2.1% |
| 2019 | 1.4% | -30.4% |
| 2020 | 1.6% | +14.9% |
| 2021 | 2.0% | +25.9% |
| 2022 | 6.7% | +229.4% |
| 2023 | 4.8% | -29.2% |
| 2024 | 2.2% | -53.4% |
Albania compared with similar countries
- Albania's 2.2% is below the median for upper middle income countries, which is 3.1%, 73% of the median. (52 countries reporting)
- Albania's 2.2% is below the median for Europe & Central Asia, which is 2.8%, 80% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +6112.9% | 0.1% | 3.1% |
| 2004 | +371.1% | 0.5% | 2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 0.1% | 7.8% | 10 |
| 2010s | 2.1% | 1.3% | 3.6% | 10 |
| 2020s | 3.5% | 1.6% | 6.7% | 5 |
Countries ranked near Albania
- 139 Germany 2.3% compare
- 140 Palau 2.2% compare
- 142 Azerbaijan 2.2% compare
- 143 Sint Maarten (Dutch part) 2.2% compare
- 144 Indonesia 2.2% compare
More development goals data for Albania
- Red List Index 0.8406 index (2025)
- Number of refugees per 100,000 population, by country of origin 772.48 per 100,000 people (2025)
- Manufacturing value added per capita 454.27 constant US$ (2025)
- Number of transboundary breeds 29 (2025)
- Number of transboundary breeds (not extinct) 29 (2025)
- Number of transboundary breeds with unknown risk status 29 (2025)
- Number of local breeds with unknown risk status 43 (2025)
- Number of local breeds (not extinct) 43 (2025)
- Number of local breeds kept in the country 44 (2025)
- Infant deaths 235 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Albania?
- Annual inflation, consumer prices in Albania was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Albania?
- The highest recorded value was 7.8% in 2002.
- What is the lowest annual inflation, consumer prices recorded in Albania?
- The lowest recorded value was 0.1% in 2000.
- How does Albania rank for annual inflation, consumer prices?
- Albania ranks 141st out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Albania?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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