Albania's GDP per capita (PPP) is estimated to be $23,522 for 2024. This figure is derived from a GDP (PPP) of $66 billion, which accounts for the informal economy and any base year effects, and a population of 2.8 million.
GDP per capita (PPP based) is a crucial economic metric that measures a country's economic output per person. It's calculated by converting a nation's Gross Domestic Product (GDP) into international dollars using Purchasing Power Parity (PPP) exchange rates, which reflect the actual cost of living within a country. This adjusted GDP figure is then divided by the total population to determine the average economic output per individual.
Albania's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.
Data source: World Economics Research, London