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Albania Trade (% GDP)

Albania's trade (% GDP) fell to 79.07% in 2024, down from 82.49% in 2023, according to World Bank. This represents a decrease of 3.42% from the previous year. Albania has trade (% GDP) lower than the global median (79.07% vs median 84.49%). Compared with the median in Europe, Albania is lower (79.07% vs regional median 111.00%) and ranks 36th out of 44 countries in Europe.

Yearly Historical Data (1980-2024)

(in %)
Year Trade (% GDP)
2024 79.07%
2023 82.49%
2022 84.7%
2021 75.59%
2020 59.52%
2019 75.38%
2018 75.69%
2017 76.79%
2016 74.01%
2015 71.28%
2014 75.02%
2013 75.75%
2012 76.97%
2011 80.7%
2010 75.53%
2009 73.32%
2008 75.25%
2007 79.91%
2006 72.2%
2005 69.12%
2004 65.04%
2003 64.82%
2002 65.99%
2001 64.25%
2000 61.61%
1999 49.9%
1998 47.13%
1997 44.73%
1996 44.41%
1995 40.14%
1994 53.1%
1993 80.52%
1992 108.79%
1991 36.07%
1990 39.44%
1989 40.07%
1988 36.9%
1987 32.16%
1986 31.64%
1985 35.93%
1984 38.12%
1983 40.41%
1982 44.81%
1981 46.1%
1980 47.49%
Albania Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Albania divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $4B $4.37B 2024
Annual Imports $9.6B $8.67B 2024
Exports (% GDP) 36.11% 38.67% 2024
FDI Inflows (% GDP) 6.31% 6.88% 2024
Imports (% GDP) 42.96% 43.83% 2024
Net Trade (Goods & Services, BoP) -$1.85B -$1.28B 2024
Tariff Rate 0.57% 1.61% 2022