Skip to content

Economy of Albania vs Brazil compared: GDP & Debt

Updated on by Georank team

Albania has a GDP of $27B compared to $2.19T for Brazil, ranking 112/197 and 10/197 by economy size, respectively.

Albania has $15.2B in government debt (56% of GDP), compared to $1.91T (87.3% of GDP) in Brazil.

Albania vs Brazil GDP by year

Albania
Brazil
1x
Year GDP, current $
Albania Brazil
2024 $27,046,429,297 $2,185,821,648,944
2023 $23,491,242,727 $2,191,131,869,706
2022 $19,017,247,014 $1,951,923,832,084
2021 $18,031,989,573 $1,670,647,464,063
2020 $15,241,458,745 $1,476,107,292,152
2019 $15,585,111,614 $1,873,288,158,839
2018 $15,379,508,330 $1,916,933,708,353
2017 $13,258,268,436 $2,063,514,688,806
2016 $11,988,668,785 $1,795,693,265,999
2015 $11,470,171,827 $1,802,211,999,456
2014 $13,296,322,588 $2,456,043,766,032
2013 $12,796,985,886 $2,472,819,362,044
2012 $12,246,499,748 $2,465,228,293,707
2011 $12,973,755,875 $2,616,156,606,579
2010 $12,086,545,641 $2,208,838,108,484
2009 $12,335,540,656 $1,666,996,294,252
2008 $13,258,506,375 $1,695,855,391,758
2007 $11,116,937,870 $1,397,114,247,189
2006 $9,150,528,132 $1,107,626,711,163
2005 $8,256,658,250 $891,633,826,625
2004 $7,406,645,793 $669,289,321,945
2003 $5,801,712,040 $558,233,724,165
2002 $4,515,003,117 $509,795,270,685
2001 $4,059,064,033 $559,983,704,094
2000 $3,584,570,165 $655,448,188,259
1999 $3,283,941,510 $599,642,075,004
1998 $2,600,356,999 $863,711,007,325
1997 $2,293,666,030 $883,206,452,795
1996 $3,234,486,232 $850,426,433,004
1995 $2,905,092,799 $769,333,330,412
1994 $1,880,950,864 $525,369,851,354
1993 $1,185,315,468 $368,295,778,245
1992 $652,174,991 $328,187,960,872
1991 $1,099,559,028 $342,609,231,343
1990 $2,028,553,750 $390,725,626,003
1989 $2,253,090,000 $412,990,820,287
1988 $2,051,236,250 $307,881,930,752
1987 $2,080,796,250 $283,056,836,894
1986 $2,097,326,250 $256,480,852,471
1985 $1,897,050,117 $210,879,844,639
1984 $1,857,337,995 $188,339,974,087
1983 $1,881,412,587 $189,656,506,321
1982 $1,861,163,170 $271,314,113,768
1981 $1,808,177,156 $258,015,174,749
1980 $1,578,102,105 $237,393,489,893
1979 - $221,338,204,480
1978 - $200,278,646,124
1977 - $176,344,101,402
1976 - $153,168,949,208
1975 - $129,203,555,239
1974 - $109,794,519,728
1973 - $83,592,275,863
1972 - $58,434,858,375
1971 - $48,869,830,902
1970 - $42,327,664,794
1969 - $37,171,640,819
1968 - $33,930,457,425
1967 - $31,086,389,195
1966 - $28,283,323,733
1965 - $22,465,522,884
1964 - $20,963,733,695
1963 - $23,287,712,878
1962 - $19,231,747,852
1961 - $17,275,940,449
1960 - $17,030,465,539

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/albania/brazil | CC BY

GDP per capita in Albania vs Brazil by year

Albania
GDP per capita

GDP per capita, PPP
Brazil
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Brazil
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,378 $26,702 $10,311 $22,338
2023 $9,731 $24,822 $10,378 $21,176
2022 $7,757 $22,138 $9,281 $19,877
2021 $7,242 $18,213 $7,973 $18,076
2020 $6,028 $16,288 $7,074 $16,102
2019 $6,069 $16,442 $9,030 $16,070
2018 $5,898 $15,055 $9,301 $15,464
2017 $5,006 $14,111 $10,081 $14,559
2016 $4,458 $13,056 $8,836 $14,309
2015 $4,200 $12,387 $8,936 $14,821
2014 $4,794 $11,788 $12,275 $15,827
2013 $4,543 $10,882 $12,459 $15,722
2012 $4,281 $10,609 $12,522 $15,198
2011 $4,466 $10,273 $13,397 $15,212
2010 $4,149 $9,755 $11,403 $14,452
2009 $4,214 $9,031 $8,679 $13,391
2008 $4,499 $8,469 $8,908 $13,445
2007 $3,743 $7,585 $7,410 $12,673
2006 $3,058 $6,753 $5,934 $11,751
2005 $2,742 $6,014 $4,828 $11,081
2004 $2,447 $5,595 $3,664 $10,526
2003 $1,909 $5,169 $3,091 $9,802
2002 $1,480 $4,840 $2,856 $9,617
2001 $1,326 $4,451 $3,176 $9,304
2000 $1,160 $3,978 $3,767 $9,092
1999 $1,056 $3,549 $3,494 $8,635
1998 $831 $3,086 $5,106 $8,599
1997 $729 $2,760 $5,299 $8,602
1996 $1,021 $3,054 $5,179 $8,301
1995 $911 $2,777 $4,757 $8,097
1994 $586 $2,385 $3,299 $7,727
1993 $367 $2,143 $2,349 $7,260
1992 $200.9 $1,899 $2,127 $6,869
1991 $337 $1,989 $2,258 $6,867
1990 $617 $2,656 $2,620 $6,688
1989 $698 - $2,819 -
1988 $653 - $2,141 -
1987 $675 - $2,006 -
1986 $694 - $1,854 -
1985 $640 - $1,556 -
1984 $639 - $1,420 -
1983 $662 - $1,461 -
1982 $668 - $2,138 -
1981 $663 - $2,080 -
1980 $591 - $1,959 -
1979 - - $1,870 -
1978 - - $1,733 -
1977 - - $1,562 -
1976 - - $1,390 -
1975 - - $1,201 -
1974 - - $1,045 -
1973 - - $815 -
1972 - - $583 -
1971 - - $500 -
1970 - - $444 -
1969 - - $399 -
1968 - - $374 -
1967 - - $351 -
1966 - - $328 -
1965 - - $268 -
1964 - - $257.3 -
1963 - - $294.2 -
1962 - - $250.2 -
1961 - - $231.6 -
1960 - - $235.3 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/albania/brazil | CC BY

Albania's GDP per capita is $11,378, ranking 82/197, compared to $10,311 in Brazil, ranking 85/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Brazil ranks 88th at $22,338.

Economic indicators

Albania Brazil
Gross domestic product
$27B
2024
$2.19T
2024
GDP rank
112/197
2024
10/197
2024
GDP growth
4.05%
2023-2024
3.42%
2023-2024
GDP per capita
$11,378
2024
$10,311
2024
GDP per capita rank
82/197
2024
85/197
2024
GDP per capita, PPP
$26,702
2024
$22,338
2024
GDP per capita PPP rank
79/197
2024
88/197
2024
Government debt
$15.2B
2024
$1.91T
2024
Debt-to-GDP ratio
56%
2024
87.3%
2024
Government debt per person
$6,375
2024
$8,999
2024
Government debt per person rank
72/185
2024
60/185
2024
Average annual personal income after taxes
$9,075
2026
$6,263
2026
Market capitalization of domestic companies n/a
$659B
2024
Number of millionaires n/a
433,000
2025
Number of billionaires
1
2025
56
2025
Income share by richest 10%
22.8%
2020
40.8%
2023
Income share by poorest 10%
3.4%
2020
1.3%
2023
Government expenditure, % of GDP
28.9%
2024
45.7%
2024
Consumer prices inflation
2.2%
2023-2024
4.4%
2023-2024
Central bank interest rate
2.5%
2025
15%
2025
Unemployment rate
10.7%
2023
6.8%
2024
Population
2342753
213824938

Spending and national debt comparison by year

Albania
Spending

Debt
Brazil
Spending

Debt
1x
Year % of GDP
Albania Brazil
Government spending Government debt Government spending Government debt
2024 28.9% 56% 45.7% 87.3%
2023 28.5% 58% 45.3% 84%
2022 30.3% 65.2% 43.4% 83.9%
2021 31.9% 74.8% 40.4% 88.9%
2020 32.4% 75.4% 46.2% 96%
2019 28.8% 66.6% 43% 87.1%
2018 28.7% 68.5% 44.2% 84.8%
2017 29.2% 71.9% 44.3% 82.7%
2016 29.1% 73.3% 45.5% 77.4%
2015 30.8% 73.7% 46.2% 71.7%
2014 31.7% 72% 41.4% 61.6%
2013 29.2% 70.4% 39.8% 59.6%
2012 28.2% 62.1% 39.3% 61.6%
2011 28.9% 59.4% 39.4% 60.6%
2010 29.4% 57.7% 39.5% 62.4%
2009 32.7% 59.7% 40.5% 64.7%
2008 31.7% 55.1% 39.9% 61.4%
2007 29.3% 53.6% 40.4% 63%
2006 29.2% 56.7% 42.6% 64.6%
2005 28.9% 58.2% 41.9% 67%
2004 30.2% 57.5% 39.7% 68%
2003 29.7% 60.2% 41.3% 71.5%
2002 31.5% 64.1% 44.5% 76.1%
2001 32.7% 60.6% 39.8% 67.3%
2000 33.8% 63.8% 34.5% 62.2%
1999 37.1% 68.2% 39.6% 44.5%
1998 36.8% 71.2% 40.9% 38.9%
1997 30.3% 72.2% 38.6% 31.8%
1996 - - 38.2% 30.7%
1995 - - - 28%
1994 - - - 30%
1993 - - - 32.6%
1992 - - - 37.1%
1991 - - - 38.1%
1990 - - - 40.6%
1989 - - - 40.2%
1988 - - - 46.9%
1987 - - - 50.3%
1986 - - 11.7% 49.4%
1985 - - 11.1% 52.6%
1984 - - 10% 55.8%
1983 - - 9.7% 51.5%
1982 - - 8.1% 32.8%
1981 - - 7.8% 34.6%
1980 - - 6.8% 39.7%
1979 - - 9% 36.6%
1978 - - 10.2% 37%
1977 - - 10.4% 31%
1976 - - 10.6% 31.8%
1975 - - 10.7% 27.7%
1974 - - 10.5% 25.7%
1973 - - 11% 22.4%
1972 - - 12.6% 22.5%
1971 - - 11.7% 17.9%
1970 - - 11.4% 17%
1969 - - 11.2% 16.5%
1968 - - 14.4% 15.8%
1967 - - 13.5% 13.8%
1966 - - 14.6% 19.6%
1965 - - 14% 17.6%
1964 - - 25.4% 22.2%
1963 - - 22.8% 20.4%
1962 - - 23.1% 23.7%
1961 - - 12% 25.7%
1960 - - 13.7% 22.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

GeoRank.org/economy/albania/brazil | CC BY

In 2024, Albania's government spending was $7.83B, accounting for 28.9% of its GDP, while Brazil spent $998B, or 45.7% of GDP.

Debt-to-GDP ratio is 56% in Albania and 87.3% in Brazil, ranking 94/185 and 38/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Brazil
1x
Year Deficit/surplus, % of GDP
Albania Brazil
2024 -0.72% -6.19%
2023 -1.32% -7.71%
2022 -3.64% -3.96%
2021 -4.57% -2.63%
2020 -6.67% -11.6%
2019 -1.92% -4.86%
2018 -1.6% -6.99%
2017 -1.41% -7.97%
2016 -1.5% -7.99%
2015 -4.32% -9.28%
2014 -5.46% -6.27%
2013 -5.22% -3.42%
2012 -3.44% -2.35%
2011 -3.52% -2.74%
2010 -3.52% -3.55%
2009 -6.59% -4.23%
2008 -4.88% -2.39%
2007 -3.18% -2.66%
2006 -3.26% -4.87%
2005 -3.46% -3.36%
2004 -5.16% -2.95%
2003 -5.01% -5.4%
2002 -6.21% -4.15%
2001 -6.84% -3.47%
2000 -7.77% -3.32%
1999 -8.84% -5.17%
1998 -9.93% -7.22%
1997 -11.9% -5.6%
1996 - -5.35%
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 - -1.6%
1985 - -1.3%
1984 - -0.4%
1983 - 0.1%
1982 - 1.4%
1981 - 1%
1980 - 2.5%
1979 - 0.4%
1978 - -0.1%
1977 - 0.1%
1976 - 0.1%
1975 - 0%
1974 - 0.6%
1973 - 0.1%
1972 - -0.1%
1971 - -0.3%
1970 - -0.4%
1969 - -0.6%
1968 - -1.6%
1967 - -2.1%
1966 - -1.3%
1965 - -2%
1964 - -8.79%
1963 - -5.78%
1962 - -6.82%
1961 - -2.93%
1960 - -3.85%
1959 - -0.18%
1958 - -0.76%
1957 - -0.29%
1956 - -0.14%
1955 - -0.62%
1954 - -0.49%
1953 - -1.26%
1952 - 0.64%
1951 - 0.87%
1950 - -1.58%
1949 - -1.22%
1948 - 0.002%
1947 - 0.25%
1946 - -1.78%
1945 - -2.87%
1944 - -2.37%
1943 - -0.75%
1942 - -2.55%
1941 - -2.15%
1940 - -1.13%
1939 - -1.2%
1938 - -0.59%
1937 - -1.62%
1936 - -0.27%
1935 - -0.5%
1934 - -2.28%
1933 - -1.56%
1932 - -6.47%
1931 - -1.56%
1930 - -3.58%
1929 - -0.09%
1928 - 0.57%
1927 - 0.12%
1926 - -0.76%
1925 - -0.07%
1924 - -0.45%
1923 - -1.94%
1922 - -3.8%
1921 - -2.98%
1920 - -3.11%
1919 - -3.69%
1918 - -4.51%
1917 - -4.8%
1916 - -4.35%
1915 - -6.33%
1914 - -7.32%
1913 - -1.91%
1912 - -3.05%
1911 - -2.15%
1910 - -2.06%
1909 - -1.62%
1908 - -1.89%
1907 - 0.38%
1906 - 0.28%
1905 - 0.96%
1904 - -0.62%
1903 - 1.79%
1902 - 1.59%
1901 - -2.46%
1900 - -5.57%
1899 - -2.13%
1898 - -14%
1897 - -2.38%
1896 - -0.79%
1895 - -1.33%
1894 - -4.11%
1893 - -1.77%
1892 - -2.6%
1891 - 0.51%
1890 - -3.02%
1889 - -3.79%
1888 - 0.63%
1887 - -0.76%
1886 - -3.8%
1885 - -5.71%
1884 - -3.89%
1883 - -3.33%
1882 - -1.58%
1881 - -1.9%
1880 - -4.84%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/albania/brazil | CC BY

In 2024, Albania's government deficit, the difference between spending and revenue, was $196M, equivalent to 0.72% of GDP. This compares to Brazil's deficit of $135B, or 6.19% of GDP.

Over the past 28 years, Albania recorded a fiscal deficit in 28 of those years, while Brazil ran a deficit in 28 years. On average, Albania posted an annual deficit equal to 4.71% of GDP, compared to deficit of 5.08% of GDP for Brazil.

Inflation comparison by year

Inflation
Albania

Brazil
1x
Year Consumer prices inflation
Albania Brazil
2024 2.2% 4.4%
2023 4.8% 4.6%
2022 6.7% 9.3%
2021 2% 8.3%
2020 1.6% 3.2%
2019 1.4% 3.7%
2018 2% 3.7%
2017 2% 3.4%
2016 1.3% 8.7%
2015 1.9% 9%
2014 1.6% 6.3%
2013 1.9% 6.2%
2012 2% 5.4%
2011 3.4% 6.6%
2010 3.6% 5%
2009 2.2% 4.9%
2008 3.3% 5.7%
2007 3% 3.6%
2006 2.4% 4.2%
2005 2.4% 6.9%
2004 2.9% 6.6%
2003 2.4% 14.7%
2002 5.2% 8.4%
2001 3.1% 6.8%
2000 0% 7%
1999 0.4% 4.9%
1998 20.6% 3.2%
1997 33.2% 6.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/albania/brazil | CC BY

Over the past 28 years, Albania has recorded an average annual inflation rate of 4.27%, compared with 6.13% in Brazil. In 2024, inflation was 2.2% in Albania and 4.4% in Brazil.

Top exports between countries

Albania
Export category Export value
Metals $2.91M
Machinery & equipment $449K
Raw agricultural goods $91K
Miscellaneous $12K
Chemicals & pharma $3K
Textiles & consumer goods $1K
Brazil
Export category Export value
Animal & marine products $88.8M
Raw agricultural goods $6.65M
Processed food, beverages & tobacco $3.36M
Wood & paper products $557K
Precious metals & jewellery $507K
Textiles & consumer goods $471K
Machinery & equipment $379K
Chemicals & pharma $267K
Raw materials & minerals $71K
Weapons & explosives $65K

Balance of trade

Albania Brazil
Current account balance
-$648M
2024
-$66.2B
2024
Current account balance ranking
112/190
2024
188/190
2024
Current account balance, % of GDP
-2.4%
2024
-3.03%
2024
Goods imports
$7.87B
2024
$274B
2024
Goods exports
$1.82B
2024
$340B
2024
Service imports
$3.83B
2024
$103B
2024
Service exports
$8.03B
2024
$48.1B
2024
Imports of goods and services, % of GDP
43.2%
2024
17.6%
2024
Exports of goods and services, % of GDP
36.3%
2024
17.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Albania Brazil
Economic freedom 68 52.4
Economic freedom ranking 50/197 148/197
Property rights 57.6 49.2
Government integrity 41.9 37.2
Judicial effectiveness 59.9 55.6
Tax burden 89.3 70.6
Government spending 74.3 39.8
Fiscal health 88 28
Business freedom 76.6 65.7
Labor freedom 46.2 57
Monetary freedom 78.6 76
Trade freedom 83 69
Investment freedom 60 40
Financial freedom 60 40

Economic freedom comparison by year

Albania
Brazil
1x
Year Economic freedom index
Albania Brazil
2026 68 52.4
2025 66.6 55.1
2024 64.8 53.2
2023 65.3 53.5
2022 66.6 53.3
2021 65.2 53.4
2020 66.9 53.7
2019 66.5 51.9
2018 64.5 51.4
2017 64.4 52.9
2016 65.9 56.5
2015 65.7 56.6
2014 66.9 56.9
2013 65.2 57.7
2012 65.1 57.9
2011 64 56.3
2010 66 55.6
2009 63.7 56.7
2008 62.4 56.2
2007 61.4 56.2
2006 60.3 60.9
2005 57.8 61.7
2004 58.5 62
2003 56.8 63.4
2002 56.8 61.5
2001 56.6 61.9
2000 53.6 61.1
1999 53.4 61.3
1998 53.9 52.3
1997 54.8 52.6
1996 53.8 48.1
1995 49.7 51.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/albania/brazil | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 52.4 for Brazil, ranking 148/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Brazil
Services, % of GDP
48.7%
2024
59.2%
2024
Industry, % of GDP
22.4%
2024
20.9%
2024
Agriculture, forestry, and fishing, % of GDP
15.5%
2024
5.75%
2024
GNI, Atlas method
$23.6B
2024
$2.11T
2024
GNI per capita, PPP
$26,500
2024
$21,590
2024
Total reserves including gold
$6.52B
2024
$330B
2024
Total reserves ranking
89/177
2024
11/177
2024
Net foreign direct investment
-$1.45B
2024
-$47.8B
2024
Net inflows of foreign direct investment
$1.71B
2024
$74.1B
2024
Net outflows of foreign direct investment
$261M
2024
$26.3B
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
5.4%
2024
Poverty at national poverty lines
19.7%
2022
4.2%
2020
Gross capital formation, % of GDP
25%
2024
17%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/albania/brazil | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.