Albania's annual inflation rate fell to 2.21% in 2024, down from 4.76% in 2023, according to World Bank. This represents a decrease of 2.55% from the previous year. Albania has annual inflation rate lower than the global median (2.21% vs median 3.16%). Compared with the median in Europe, Albania is lower (2.21% vs regional median 2.76%) and ranks 28th out of 43 countries in Europe.

Year

Annual Inflation Rate (%)

2024

2.21%

2023

4.76%

2022

6.73%

2021

2.04%

2020

1.62%

2019

1.41%

2018

2.03%

2017

1.99%

2016

1.28%

2015

1.9%

2014

1.63%

2013

1.94%

2012

2.03%

2011

3.43%

2010

3.63%

2009

2.27%

2008

3.32%

2007

2.93%

2006

2.37%

2005

2.37%

2004

2.28%

2003

0.48%

2002

7.77%

2001

3.11%

2000

0.05%

1999

0.39%

1998

20.64%

1997

33.18%

1996

12.73%

1995

7.79%

1994

22.57%

1993

85%

1992

226.01%

Albania Annual Inflation Rate

Yearly Historical Data (1992-2024)