Skip to content

Economy of Albania vs Dominica compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $724M for Dominica, ranking 113/197 and 190/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $743M (102.6% of GDP) in Dominica.

Albania vs Dominica GDP by year

Albania
Dominica
1x
Year GDP, current $
Albania Dominica
2025 $30,540,188,271 $723,859,259
2024 $27,037,474,263 $688,881,481
2023 $23,491,242,727 $659,311,111
2022 $19,017,247,014 $623,062,963
2021 $18,031,989,573 $562,911,111
2020 $15,241,458,745 $528,944,444
2019 $15,585,111,614 $644,259,259
2018 $15,379,508,330 $628,244,444
2017 $13,258,268,436 $563,355,556
2016 $11,988,668,785 $612,711,111
2015 $11,470,171,827 $583,177,778
2014 $13,296,322,588 $572,255,556
2013 $12,796,985,886 $545,325,926
2012 $12,246,499,748 $520,355,556
2011 $12,973,755,875 $532,081,481
2010 $12,086,545,641 $519,859,259
2009 $12,335,540,656 $515,618,519
2008 $13,258,506,375 $480,003,704
2007 $11,116,937,870 $444,685,185
2006 $9,150,528,132 $416,674,074
2005 $8,256,658,250 $391,455,556
2004 $7,406,645,793 $396,711,111
2003 $5,801,712,040 $373,318,519
2002 $4,515,003,117 $375,200,000
2001 $4,059,064,033 $377,462,963
2000 $3,584,570,165 $333,470,370
1999 $3,283,941,510 $331,759,259
1998 $2,600,356,999 $322,411,111
1997 $2,293,666,030 $302,988,889
1996 $3,234,486,232 $292,285,185
1995 $2,905,092,799 $274,522,222
1994 $1,880,950,864 $264,374,074
1993 $1,185,315,468 $245,525,926
1992 $652,174,991 $234,059,259
1991 $1,099,559,028 $219,762,963
1990 $2,028,553,750 $201,429,630
1989 $2,253,090,000 $185,137,243
1988 $2,051,236,250 $171,106,184
1987 $2,080,796,250 $151,868,754
1986 $2,097,326,250 $135,161,959
1985 $1,897,050,117 $119,491,933
1984 $1,857,337,995 $109,157,071
1983 $1,881,412,587 $98,665,191
1982 $1,861,163,170 $89,527,577
1981 $1,808,177,156 $82,107,391
1980 $1,578,102,105 $72,804,653
1979 - $55,017,759
1978 - $57,130,216
1977 - $45,872,947

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Albania vs Dominica by year

Albania
GDP per capita

GDP per capita, PPP
Dominica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Dominica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $10,989 -
2024 $11,374 $26,702 $10,405 $21,301
2023 $9,741 $24,822 $9,913 $20,286
2022 $7,757 $22,138 $9,324 $18,802
2021 $7,242 $18,213 $8,376 $15,809
2020 $6,028 $16,288 $7,828 $14,244
2019 $6,069 $16,442 $9,491 $16,021
2018 $5,898 $15,055 $9,215 $15,070
2017 $5,006 $14,111 $8,225 $12,696
2016 $4,458 $13,056 $8,803 $12,945
2015 $4,200 $12,387 $8,283 $12,093
2014 $4,794 $11,788 $8,132 $12,083
2013 $4,543 $10,882 $7,822 $11,286
2012 $4,281 $10,609 $7,529 $10,921
2011 $4,466 $10,273 $7,705 $11,123
2010 $4,149 $9,755 $7,550 $10,924
2009 $4,214 $9,031 $7,487 $10,804
2008 $4,499 $8,469 $6,971 $10,862
2007 $3,743 $7,585 $6,459 $9,949
2006 $3,058 $6,753 $6,056 $9,200
2005 $2,742 $6,014 $5,695 $8,557
2004 $2,447 $5,595 $5,779 $8,232
2003 $1,909 $5,169 $5,447 $7,714
2002 $1,480 $4,840 $5,488 $7,167
2001 $1,326 $4,451 $5,528 $7,291
2000 $1,160 $3,978 $4,867 $7,111
1999 $1,056 $3,549 $4,817 $6,759
1998 $831 $3,086 $4,664 $6,617
1997 $729 $2,760 $4,372 $6,290
1996 $1,021 $3,054 $4,211 $6,041
1995 $911 $2,777 $3,952 $5,749
1994 $586 $2,385 $3,805 $5,465
1993 $367 $2,143 $3,536 $5,352
1992 $200.9 $1,899 $3,376 $5,125
1991 $337 $1,989 $3,171 $4,914
1990 $617 $2,656 $2,893 $4,667
1989 $698 - $2,639 -
1988 $653 - $2,423 -
1987 $675 - $2,138 -
1986 $694 - $1,893 -
1985 $640 - $1,666 -
1984 $639 - $1,515 -
1983 $662 - $1,363 -
1982 $668 - $1,232 -
1981 $663 - $1,125 -
1980 $591 - $996 -
1979 - - $754 -
1978 - - $786 -
1977 - - $634 -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

Albania's GDP per capita is $12,998, ranking 79/197, compared to $10,989 in Dominica, ranking 84/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Dominica ranks 91st at $21,301.

Economic indicators

Albania Dominica
Gross domestic product
$30.5B
2025
$724M
2025
GDP rank
113/197
2025
190/197
2025
GDP growth
3.79%
2024-2025
3.05%
2024-2025
GDP per capita
$12,998
2025
$10,989
2025
GDP per capita rank
79/197
2025
84/197
2025
GDP per capita, PPP
$26,702
2024
$21,301
2024
GDP per capita PPP rank
79/197
2024
91/197
2024
Government debt
$16.1B
2025
$743M
2025
Debt-to-GDP ratio
52.6%
2025
102.6%
2025
Government debt per person
$6,837
2025
$11,275
2025
Government debt per person rank
72/185
2025
54/185
2025
Average annual personal income after taxes
$9,481
2026
$6,105
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
n/a
Income share by poorest 10%
3.4%
2020
n/a
Government expenditure, % of GDP
30.1%
2025
55.4%
2025
Consumer prices inflation
2.2%
2024-2025
2.53%
2024-2025
Central bank interest rate
2.5%
2025
n/a
Unemployment rate
8.43%
2024
11%
2001
Population
2332078
65501

Spending and national debt comparison by year

Albania
Spending

Debt
Dominica
Spending

Debt
1x
Year % of GDP
Albania Dominica
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 55.4% 102.6%
2024 28.9% 54.5% 67.4% 108.2%
2023 28.5% 58% 64.8% 101.3%
2022 30.3% 64.7% 69.7% 110%
2021 31.9% 74.8% 67% 116.3%
2020 32.4% 75.4% 66.8% 118.4%
2019 28.7% 66.6% 48.3% 97.8%
2018 28.7% 68.5% 63.4% 85.7%
2017 29.2% 71.9% 54% 84.2%
2016 29.1% 73.3% 48% 76.9%
2015 30.8% 73.7% 32.4% 68.2%
2014 31.7% 72% 32.7% 71.3%
2013 29.2% 70.4% 33.4% 73.9%
2012 28.2% 62.1% 36.2% 73.1%
2011 28.9% 59.4% 35.2% 69.7%
2010 29.4% 57.7% 39.4% 66.8%
2009 32.7% 59.7% 35.9% 62.5%
2008 31.7% 55.1% 34.7% 64.4%
2007 29.3% 53.6% 34.1% 71.8%
2006 29.2% 56.7% 29.7% 77.4%
2005 28.9% 58.2% 31% 82%
2004 30.2% 57.5% 30.2% 86.2%
2003 29.7% 60.2% 30.1% 94.9%
2002 31.5% 64.1% 28.6% 97.9%
2001 32.7% 60.6% 29.6% 98.5%
2000 33.8% 63.8% 38.5% 68.9%
1999 37.1% 68.2% 35.2% 61.8%
1998 36.8% 71.2% 33% 56.3%
1997 30.3% 72.2% 28.2% 47.7%
1996 - - 28.5% 53.7%
1995 - - 28.8% 57.4%
1994 - - 27.2% 55.9%
1993 - - 25.2% 53.4%
1992 - - 27.4% 54%
1991 - - 29% 56.9%
1990 - - 31.5% 54.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Dominica spent $401M, or 55.4% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 102.6% in Dominica, ranking 96/185 and 20/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Dominica
1x
Year Deficit/surplus, % of GDP
Albania Dominica
2025 -1.75% -1.35%
2024 -0.72% -6.75%
2023 -1.32% -4.52%
2022 -3.64% -7.18%
2021 -4.57% -8.22%
2020 -6.67% -7.53%
2019 -1.84% -8.72%
2018 -1.58% -17.2%
2017 -1.41% -3.27%
2016 -1.5% 11.6%
2015 -4.32% 11.4%
2014 -5.46% -5.54%
2013 -5.22% -2.88%
2012 -3.44% -5.41%
2011 -3.52% -4.4%
2010 -3.52% -3.38%
2009 -6.59% -0.31%
2008 -4.88% 0.7%
2007 -3.18% 1.8%
2006 -3.26% 2.93%
2005 -3.46% 0.95%
2004 -5.16% -0.67%
2003 -5.01% 0.85%
2002 -6.21% -4.07%
2001 -6.84% -6.54%
2000 -7.77% -8.66%
1999 -8.84% -9.18%
1998 -9.93% -5.99%
1997 -11.9% -2.24%
1996 - -1.59%
1995 - -2.88%
1994 - -3.35%
1993 - -1.41%
1992 - -2.22%
1991 - -2.99%
1990 - -4.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Albania's government deficit, the difference between spending and revenue, was $533M, equivalent to 1.75% of GDP. This compares to Dominica's deficit of $9.76M, or 1.35% of GDP.

Over the past 29 years, Albania recorded a fiscal deficit in 29 of those years, while Dominica ran a deficit in 22 years. On average, Albania posted an annual deficit equal to 4.6% of GDP, compared to deficit of 3.24% of GDP for Dominica.

Inflation comparison by year

Inflation
Albania

Dominica
1x
Year Consumer prices inflation
Albania Dominica
2025 2.2% 2.53%
2024 2.2% 2.74%
2023 4.8% 5.09%
2022 6.7% 2.88%
2021 2% 2.23%
2020 1.6% 1.22%
2019 1.4% 1.5%
2018 2% 0.99%
2017 2% 0.3%
2016 1.3% 0.14%
2015 1.9% -0.84%
2014 1.6% 0.8%
2013 1.9% -0.05%
2012 2% 1.36%
2011 3.4% 1.13%
2010 3.6% 3%
2009 2.2% 0.006%
2008 3.3% 6.36%
2007 3% 3.63%
2006 2.4% 2.2%
2005 2.4% 1.68%
2004 2.9% 2.39%
2003 2.4% 1.45%
2002 5.2% 0.17%
2001 3.1% 1.3%
2000 0% 0.86%
1999 0.4% 1.18%
1998 20.6% 1%
1997 33.2% 2.44%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 1.71% in Dominica. In 2025, inflation was 2.2% in Albania and 2.53% in Dominica.

Balance of trade

Albania Dominica
Current account balance
-$161M
2025
-$275M
2025
Current account balance ranking
86/190
2025
94/190
2025
Current account balance, % of GDP
-0.53%
2025
-38%
2025
Goods imports
$8.52B
2025
$275M
2025
Goods exports
$1.76B
2025
$29.8M
2025
Service imports
$4.55B
2025
$208M
2025
Service exports
$9.66B
2025
$181M
2025
Imports of goods and services, % of GDP
42.5%
2025
n/a
Exports of goods and services, % of GDP
37%
2025
8.5%
2026

Economic freedom indices

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

Albania Dominica
Economic freedom 68 56.1
Economic freedom ranking 50/197 124/197
Property rights 57.6 65.8
Government integrity 41.9 61.2
Judicial effectiveness 59.9 77.3
Tax burden 89.3 76.1
Government spending 74.3 0
Fiscal health 88 45.6
Business freedom 76.6 66.2
Labor freedom 46.2 49.8
Monetary freedom 78.6 77.7
Trade freedom 83 53.2
Investment freedom 60 60
Financial freedom 60 40

Economic freedom comparison by year

Albania
Dominica
1x
Year Economic freedom index
Albania Dominica
2026 68 56.1
2025 66.6 55.3
2024 64.8 54
2023 65.3 59.7
2022 66.6 54.4
2021 65.2 53
2020 66.9 60.8
2019 66.5 63.6
2018 64.5 64.5
2017 64.4 63.7
2016 65.9 67
2015 65.7 66.1
2014 66.9 65.2
2013 65.2 63.9
2012 65.1 61.6
2011 64 63.3
2010 66 63.2
2009 63.7 62.6
2008 62.4 -
2007 61.4 -
2006 60.3 -
2005 57.8 -
2004 58.5 -
2003 56.8 -
2002 56.8 -
2001 56.6 -
2000 53.6 -
1999 53.4 -
1998 53.9 -
1997 54.8 -
1996 53.8 -
1995 49.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 56.1 for Dominica, ranking 124/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Dominica
Services, % of GDP
49.7%
2025
57.2%
2025
Industry, % of GDP
21.8%
2025
14.1%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
12.1%
2025
GNI, Atlas method
$28.3B
2025
$704M
2025
GNI per capita, PPP
$28,170
2025
$22,130
2025
Total reserves including gold
$8.6B
2025
$165M
2025
Total reserves ranking
86/177
2025
172/177
2025
Net foreign direct investment
-$1.51B
2025
-$49.5M
2025
Net inflows of foreign direct investment
$1.71B
2024
$60M
2024
Net outflows of foreign direct investment
$261M
2024
-$401K
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
9.81%
2024
Poverty at national poverty lines
19.7%
2022
29%
2020
Gross capital formation, % of GDP
25%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/dominica | 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 (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.