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Economy of Albania vs Egypt compared: GDP & Debt

Updated on by Georank team

Albania has a GDP of $27B compared to $389B for Egypt, ranking 112/197 and 41/197 by economy size, respectively.

Albania has $15.2B in government debt (56% of GDP), compared to $354B (90.9% of GDP) in Egypt.

Albania vs Egypt GDP by year

Albania
Egypt
1x
Year GDP, current $
Albania Egypt
2024 $27,046,429,297 $389,059,911,004
2023 $23,491,242,727 $395,926,075,163
2022 $19,017,247,014 $476,747,720,365
2021 $18,031,989,573 $424,671,765,456
2020 $15,241,458,745 $383,817,841,547
2019 $15,585,111,614 $318,678,815,490
2018 $15,379,508,330 $262,588,632,527
2017 $13,258,268,436 $248,362,771,739
2016 $11,988,668,785 $332,441,717,791
2015 $11,470,171,827 $329,366,576,819
2014 $13,296,322,588 $305,595,408,895
2013 $12,796,985,886 $288,434,108,527
2012 $12,246,499,748 $279,116,666,667
2011 $12,973,755,875 $235,989,672,978
2010 $12,086,545,641 $218,983,666,062
2009 $12,335,540,656 $189,147,005,445
2008 $13,258,506,375 $162,818,181,818
2007 $11,116,937,870 $130,437,828,371
2006 $9,150,528,132 $107,426,086,957
2005 $8,256,658,250 $89,660,339,660
2004 $7,406,645,793 $78,782,467,532
2003 $5,801,712,040 $80,288,461,538
2002 $4,515,003,117 $85,146,067,416
2001 $4,059,064,033 $96,684,636,119
2000 $3,584,570,165 $99,838,543,960
1999 $3,283,941,510 $90,710,704,807
1998 $2,600,356,999 $84,828,807,556
1997 $2,293,666,030 $78,436,578,171
1996 $3,234,486,232 $67,629,716,981
1995 $2,905,092,799 $60,159,245,060
1994 $1,880,950,864 $51,897,983,393
1993 $1,185,315,468 $46,578,631,453
1992 $652,174,991 $41,855,986,519
1991 $1,099,559,028 $37,387,836,491
1990 $2,028,553,750 $42,978,914,311
1989 $2,253,090,000 $39,756,299,050
1988 $2,051,236,250 $34,980,124,929
1987 $2,080,796,250 $40,455,616,654
1986 $2,097,326,250 $41,253,507,951
1985 $1,897,050,117 $39,053,502,251
1984 $1,857,337,995 $33,971,188,992
1983 $1,881,412,587 $30,966,239,814
1982 $1,861,163,170 $27,655,172,414
1981 $1,808,177,156 $22,136,081,081
1980 $1,578,102,105 $21,669,908,176
1979 - $18,020,571,429
1978 - $14,811,704,063
1977 - $14,400,806,876
1976 - $13,315,988,083
1975 - $11,632,178,869
1974 - $9,228,963,225
1973 - $10,098,534,613
1972 - $9,299,638,056
1971 - $8,609,283,346
1970 - $8,042,200,452
1969 - $6,524,455,206
1968 - $5,932,242,991
1967 - $5,605,484,299
1966 - $5,278,005,612
1965 - $4,948,667,540
1964 - $4,709,245,762
1963 - $4,187,146,232
1962 - $4,035,462,027
1961 - $4,494,575,611
1960 - $4,206,270,352

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

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

GDP per capita in Albania vs Egypt by year

Albania
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,378 $26,702 $3,338 $19,094
2023 $9,731 $24,822 $3,457 $18,525
2022 $7,757 $22,138 $4,233 $17,527
2021 $7,242 $18,213 $3,827 $15,579
2020 $6,028 $16,288 $3,511 $15,232
2019 $6,069 $16,442 $2,963 $13,364
2018 $5,898 $15,055 $2,485 $12,329
2017 $5,006 $14,111 $2,395 $11,125
2016 $4,458 $13,056 $3,271 $10,666
2015 $4,200 $12,387 $3,307 $10,903
2014 $4,794 $11,788 $3,133 $10,256
2013 $4,543 $10,882 $3,026 $10,511
2012 $4,281 $10,609 $2,996 $10,342
2011 $4,466 $10,273 $2,591 $8,988
2010 $4,149 $9,755 $2,455 $8,838
2009 $4,214 $9,031 $2,162 $8,465
2008 $4,499 $8,469 $1,896 $8,191
2007 $3,743 $7,585 $1,548 $7,641
2006 $3,058 $6,753 $1,299 $7,079
2005 $2,742 $6,014 $1,106 $6,554
2004 $2,447 $5,595 $991 $6,207
2003 $1,909 $5,169 $1,031 $5,928
2002 $1,480 $4,840 $1,117 $5,753
2001 $1,326 $4,451 $1,295 $5,650
2000 $1,160 $3,978 $1,366 $5,452
1999 $1,056 $3,549 $1,268 $5,121
1998 $831 $3,086 $1,213 $4,869
1997 $729 $2,760 $1,146 $4,661
1996 $1,021 $3,054 $1,009 $4,434
1995 $911 $2,777 $916 $4,235
1994 $586 $2,385 $807 $4,048
1993 $367 $2,143 $740 $3,895
1992 $200.9 $1,899 $681 $3,784
1991 $337 $1,989 $623 $3,627
1990 $617 $2,656 $736 $3,566
1989 $698 - $701 -
1988 $653 - $634 -
1987 $675 - $754 -
1986 $694 - $790 -
1985 $640 - $770 -
1984 $639 - $690 -
1983 $662 - $648 -
1982 $668 - $596 -
1981 $663 - $490 -
1980 $591 - $493 -
1979 - - $421 -
1978 - - $355 -
1977 - - $353 -
1976 - - $335 -
1975 - - $299.2 -
1974 - - $243.1 -
1973 - - $272.2 -
1972 - - $256.5 -
1971 - - $243 -
1970 - - $232.3 -
1969 - - $193 -
1968 - - $179.8 -
1967 - - $174.1 -
1966 - - $168.1 -
1965 - - $161.6 -
1964 - - $157.7 -
1963 - - $143.9 -
1962 - - $142.4 -
1961 - - $162.8 -
1960 - - $156.4 -

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

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

Albania's GDP per capita is $11,378, ranking 82/197, compared to $3,338 in Egypt, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Egypt ranks 99th at $19,094.

Economic indicators

Albania Egypt
Gross domestic product
$27B
2024
$389B
2024
GDP rank
112/197
2024
41/197
2024
GDP growth
4.05%
2023-2024
2.4%
2023-2024
GDP per capita
$11,378
2024
$3,338
2024
GDP per capita rank
82/197
2024
138/197
2024
GDP per capita, PPP
$26,702
2024
$19,094
2024
GDP per capita PPP rank
79/197
2024
99/197
2024
Government debt
$15.2B
2024
$354B
2024
Debt-to-GDP ratio
56%
2024
90.9%
2024
Government debt per person
$6,375
2024
$3,036
2024
Government debt per person rank
72/185
2024
99/185
2024
Average annual personal income after taxes
$9,075
2026
$1,948
2026
Market capitalization of domestic companies n/a
$42.6B
2024
Number of billionaires
1
2025
5
2025
Income share by richest 10%
22.8%
2020
24.6%
2021
Income share by poorest 10%
3.4%
2020
4.2%
2021
Government expenditure, % of GDP
28.9%
2024
22.9%
2024
Consumer prices inflation
2.2%
2023-2024
28.3%
2023-2024
Central bank interest rate
2.5%
2025
21%
2025
Unemployment rate
10.7%
2023
5.95%
2024
Population
2342753
120697176

Spending and national debt comparison by year

Albania
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Albania Egypt
Government spending Government debt Government spending Government debt
2024 28.9% 56% 22.9% 90.9%
2023 28.5% 58% 22.7% 95.9%
2022 30.3% 65.2% 24.9% 88.5%
2021 31.9% 74.8% 25.5% 89.9%
2020 32.4% 75.4% 25.7% 86.2%
2019 28.8% 66.6% 26.9% 80.1%
2018 28.7% 68.5% 28.6% 87.9%
2017 29.2% 71.9% 30.6% 97.8%
2016 29.1% 73.3% 31% 91.6%
2015 30.8% 73.7% 31.3% 83.8%
2014 31.7% 72% 33.9% 80.9%
2013 29.2% 70.4% 32.9% 79.8%
2012 28.2% 62.1% 29.2% 69.9%
2011 28.9% 59.4% 30.5% 72.8%
2010 29.4% 57.7% 31.4% 69.6%
2009 32.7% 59.7% 32.5% 69.5%
2008 31.7% 55.1% 32.7% 66.8%
2007 29.3% 53.6% 31.3% 76.3%
2006 29.2% 56.7% 34.5% 85.9%
2005 28.9% 58.2% 30.3% 98.3%
2004 30.2% 57.5% 30.1% 96.5%
2003 29.7% 60.2% 30.6% 97.1%
2002 31.5% 64.1% 30.9% 85.8%
2001 32.7% 60.6% 27.9% 79.1%
2000 33.8% 63.8% 26% 71.7%
1999 37.1% 68.2% 26.3% 72.4%
1998 36.8% 71.2% - 73.8%
1997 30.3% 72.2% - -

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

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

In 2024, Albania's government spending was $7.83B, accounting for 28.9% of its GDP, while Egypt spent $89.2B, or 22.9% of GDP.

Debt-to-GDP ratio is 56% in Albania and 90.9% in Egypt, ranking 94/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Egypt
1x
Year Deficit/surplus, % of GDP
Albania Egypt
2024 -0.72% -7.12%
2023 -1.32% -5.77%
2022 -3.64% -5.74%
2021 -4.57% -6.96%
2020 -6.67% -7.47%
2019 -1.92% -7.6%
2018 -1.6% -8.97%
2017 -1.41% -9.9%
2016 -1.5% -11.8%
2015 -4.32% -10.4%
2014 -5.46% -10.7%
2013 -5.22% -12.3%
2012 -3.44% -9.47%
2011 -3.52% -9.6%
2010 -3.52% -7.45%
2009 -6.59% -6.2%
2008 -4.88% -6.05%
2007 -3.18% -4.9%
2006 -3.26% -7.35%
2005 -3.46% -6.69%
2004 -5.16% -5.76%
2003 -5.01% -5.73%
2002 -6.21% -6.77%
2001 -6.84% -1.07%
2000 -7.77% 1.32%
1999 -8.84% 2.14%
1998 -9.93% -
1997 -11.9% -

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

GeoRank.org/economy/albania/egypt | 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 Egypt's deficit of $27.7B, or 7.12% of GDP.

Over the past 26 years, Albania recorded a fiscal deficit in 26 of those years, while Egypt ran a deficit in 24 years. On average, Albania posted an annual deficit equal to 4.23% of GDP, compared to deficit of 6.86% of GDP for Egypt.

Inflation comparison by year

Inflation
Albania

Egypt
1x
Year Consumer prices inflation
Albania Egypt
2024 2.2% 28.3%
2023 4.8% 33.9%
2022 6.7% 13.9%
2021 2% 5.21%
2020 1.6% 5.04%
2019 1.4% 9.15%
2018 2% 14.4%
2017 2% 29.5%
2016 1.3% 13.8%
2015 1.9% 10.4%
2014 1.6% 10.1%
2013 1.9% 9.47%
2012 2% 7.11%
2011 3.4% 10.1%
2010 3.6% 11.3%
2009 2.2% 11.8%
2008 3.3% 18.3%
2007 3% 9.32%
2006 2.4% 7.64%
2005 2.4% 4.87%
2004 2.9% 11.3%
2003 2.4% 4.51%
2002 5.2% 2.74%
2001 3.1% 2.27%
2000 0% 2.68%
1999 0.4% 3.08%
1998 20.6% 3.87%
1997 33.2% 4.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Albania has recorded an average annual inflation rate of 4.27%, compared with 10.7% in Egypt. In 2024, inflation was 2.2% in Albania and 28.3% in Egypt.

Top exports between countries

Albania
Export category Export value
Transport & tourism services $1.54M
Raw agricultural goods $677K
Machinery & equipment $600K
Metals $283K
Business & finance services $227K
Chemicals & pharma $224K
Raw materials & minerals $61K
Animal & marine products $37K
Textiles & consumer goods $5K
Miscellaneous $2K
Egypt
Export category Export value
Metals $15.9M
Raw materials & minerals $12.7M
Raw agricultural goods $12.6M
Processed food, beverages & tobacco $4.23M
Textiles & consumer goods $3.43M
Chemicals & pharma $1.88M
Animal & marine products $767K
Machinery & equipment $640K
Wood & paper products $370K

Balance of trade

Albania Egypt
Current account balance
-$648M
2024
-$22.3B
2024
Current account balance ranking
112/190
2024
184/190
2024
Current account balance, % of GDP
-2.4%
2024
-5.72%
2024
Goods imports
$7.87B
2024
$72.9B
2024
Goods exports
$1.82B
2024
$34.8B
2024
Service imports
$3.83B
2024
$27.5B
2024
Service exports
$8.03B
2024
$29.6B
2024
Imports of goods and services, % of GDP
43.2%
2024
23.2%
2024
Exports of goods and services, % of GDP
36.3%
2024
16.4%
2024

Economic freedom indices

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

Albania Egypt
Economic freedom 68 50.3
Economic freedom ranking 50/197 160/197
Property rights 57.6 35.5
Government integrity 41.9 27.1
Judicial effectiveness 59.9 24
Tax burden 89.3 85.7
Government spending 74.3 83.4
Fiscal health 88 21.8
Business freedom 76.6 51.4
Labor freedom 46.2 43.1
Monetary freedom 78.6 56
Trade freedom 83 60.2
Investment freedom 60 65
Financial freedom 60 50

Economic freedom comparison by year

Albania
Egypt
1x
Year Economic freedom index
Albania Egypt
2026 68 50.3
2025 66.6 50.9
2024 64.8 49.7
2023 65.3 49.6
2022 66.6 49.1
2021 65.2 55.7
2020 66.9 54
2019 66.5 52.5
2018 64.5 53.4
2017 64.4 52.6
2016 65.9 56
2015 65.7 55.2
2014 66.9 52.9
2013 65.2 54.8
2012 65.1 57.9
2011 64 59.1
2010 66 59
2009 63.7 58
2008 62.4 58.5
2007 61.4 54.4
2006 60.3 53.2
2005 57.8 55.8
2004 58.5 55.5
2003 56.8 55.3
2002 56.8 54.1
2001 56.6 51.5
2000 53.6 51.7
1999 53.4 58
1998 53.9 55.8
1997 54.8 54.5
1996 53.8 52
1995 49.7 45.7

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

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

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Egypt
Services, % of GDP
48.7%
2024
48.9%
2024
Industry, % of GDP
22.4%
2024
32.6%
2024
Agriculture, forestry, and fishing, % of GDP
15.5%
2024
13.7%
2024
GNI, Atlas method
$23.6B
2024
$409B
2024
GNI per capita, PPP
$26,500
2024
$18,230
2024
Total reserves including gold
$6.52B
2024
$44.9B
2024
Total reserves ranking
89/177
2024
44/177
2024
Net foreign direct investment
-$1.45B
2024
-$46.1B
2024
Net inflows of foreign direct investment
$1.71B
2024
$46.6B
2024
Net outflows of foreign direct investment
$261M
2024
$508M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
8.86%
2024
Poverty at national poverty lines
19.7%
2022
33.5%
2021
Gross capital formation, % of GDP
25%
2024
13%
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/egypt | CC BY

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Data sources:

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

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.