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Economy of Albania vs Kazakhstan compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $306B for Kazakhstan, ranking 113/197 and 49/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $75.2B (24.6% of GDP) in Kazakhstan.

Albania vs Kazakhstan GDP by year

Albania
Kazakhstan
1x
Year GDP, current $
Albania Kazakhstan
2025 $30,540,188,271 $306,239,209,650
2024 $27,037,474,263 $291,480,274,649
2023 $23,491,242,727 $261,840,101,060
2022 $19,017,247,014 $225,496,328,925
2021 $18,031,989,573 $197,112,255,361
2020 $15,241,458,745 $171,082,365,861
2019 $15,585,111,614 $181,667,184,855
2018 $15,379,508,330 $179,339,977,690
2017 $13,258,268,436 $166,805,788,827
2016 $11,988,668,785 $137,278,320,084
2015 $11,470,171,827 $184,388,404,706
2014 $13,296,322,588 $221,415,613,595
2013 $12,796,985,886 $236,634,603,409
2012 $12,246,499,748 $207,998,568,866
2011 $12,973,755,875 $192,626,464,617
2010 $12,086,545,641 $148,047,348,241
2009 $12,335,540,656 $115,308,686,941
2008 $13,258,506,375 $133,441,648,852
2007 $11,116,937,870 $104,849,915,058
2006 $9,150,528,132 $81,003,864,630
2005 $8,256,658,250 $57,123,671,734
2004 $7,406,645,793 $43,151,647,003
2003 $5,801,712,040 $30,833,692,900
2002 $4,515,003,117 $24,636,598,527
2001 $4,059,064,033 $22,152,689,180
2000 $3,584,570,165 $18,291,990,662
1999 $3,283,941,510 $16,870,817,182
1998 $2,600,356,999 $22,135,245,507
1997 $2,293,666,030 $22,165,932,063
1996 $3,234,486,232 $21,035,357,937
1995 $2,905,092,799 $20,374,302,652
1994 $1,880,950,864 $21,250,792,886
1993 $1,185,315,468 $23,409,260,880
1992 $652,174,991 $24,917,355,372
1991 $1,099,559,028 $24,923,076,923
1990 $2,028,553,750 $26,932,016,270
1989 $2,253,090,000 -
1988 $2,051,236,250 -
1987 $2,080,796,250 -
1986 $2,097,326,250 -
1985 $1,897,050,117 -
1984 $1,857,337,995 -
1983 $1,881,412,587 -
1982 $1,861,163,170 -
1981 $1,808,177,156 -
1980 $1,578,102,105 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

GDP per capita in Albania vs Kazakhstan by year

Albania
GDP per capita

GDP per capita, PPP
Kazakhstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Kazakhstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $14,692 -
2024 $11,374 $26,702 $14,155 $40,891
2023 $9,741 $24,822 $12,879 $38,515
2022 $7,757 $22,138 $11,255 $35,895
2021 $7,242 $18,213 $9,984 $32,946
2020 $6,028 $16,288 $8,782 $29,040
2019 $6,069 $16,442 $9,457 $28,689
2018 $5,898 $15,055 $9,472 $25,096
2017 $5,006 $14,111 $8,943 $23,973
2016 $4,458 $13,056 $7,476 $23,023
2015 $4,200 $12,387 $10,196 $22,484
2014 $4,794 $11,788 $12,428 $23,958
2013 $4,543 $10,882 $13,478 $23,754
2012 $4,281 $10,609 $12,019 $21,367
2011 $4,466 $10,273 $11,287 $20,160
2010 $4,149 $9,755 $8,793 $18,642
2009 $4,214 $9,031 $6,938 $17,389
2008 $4,499 $8,469 $8,124 $17,278
2007 $3,743 $7,585 $6,449 $16,581
2006 $3,058 $6,753 $5,030 $14,966
2005 $2,742 $6,014 $3,577 $13,226
2004 $2,447 $5,595 $2,722 $11,777
2003 $1,909 $5,169 $1,958 $10,532
2002 $1,480 $4,840 $1,574 $9,504
2001 $1,326 $4,451 $1,422 $8,568
2000 $1,160 $3,978 $1,180 $7,418
1999 $1,056 $3,549 $1,092 $6,626
1998 $831 $3,086 $1,415 $6,284
1997 $729 $2,760 $1,382 $6,178
1996 $1,021 $3,054 $1,281 $5,836
1995 $911 $2,777 $1,218 $5,595
1994 $586 $2,385 $1,247 $5,860
1993 $367 $2,143 $1,355 $6,477
1992 $200.9 $1,899 $1,438 $6,945
1991 $337 $1,989 $1,442 $7,193
1990 $617 $2,656 $1,570 $7,874
1989 $698 - - -
1988 $653 - - -
1987 $675 - - -
1986 $694 - - -
1985 $640 - - -
1984 $639 - - -
1983 $662 - - -
1982 $668 - - -
1981 $663 - - -
1980 $591 - - -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

Albania's GDP per capita is $12,998, ranking 79/197, compared to $14,692 in Kazakhstan, ranking 73/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Kazakhstan ranks 58th at $40,891.

Economic indicators

Albania Kazakhstan
Gross domestic product
$30.5B
2025
$306B
2025
GDP rank
113/197
2025
49/197
2025
GDP growth
3.79%
2024-2025
6.5%
2024-2025
GDP per capita
$12,998
2025
$14,692
2025
GDP per capita rank
79/197
2025
73/197
2025
GDP per capita, PPP
$26,702
2024
$40,891
2024
GDP per capita PPP rank
79/197
2024
58/197
2024
Government debt
$16.1B
2025
$75.2B
2025
Debt-to-GDP ratio
52.6%
2025
24.6%
2025
Government debt per person
$6,837
2025
$3,609
2025
Government debt per person rank
72/185
2025
96/185
2025
Average annual personal income after taxes
$9,481
2026
$8,395
2026
Market capitalization of domestic companies n/a
$158B
2025
Number of millionaires n/a
44,307
2024
Number of billionaires
1
2026
6
2026
Income share by richest 10%
22.8%
2020
24.8%
2021
Income share by poorest 10%
3.4%
2020
4.3%
2021
Government expenditure, % of GDP
30.1%
2025
21.8%
2025
Consumer prices inflation
2.2%
2024-2025
11.4%
2024-2025
Central bank interest rate
2.5%
2025
17%
2026
Unemployment rate
8.43%
2024
4.9%
2022
Population
2332078
21211812

Spending and national debt comparison by year

Albania
Spending

Debt
Kazakhstan
Spending

Debt
1x
Year % of GDP
Albania Kazakhstan
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 21.8% 24.6%
2024 28.9% 54.5% 22.7% 24.4%
2023 28.5% 58% 23.4% 23%
2022 30.3% 64.7% 21.7% 23.5%
2021 31.9% 74.8% 22.1% 25.1%
2020 32.4% 75.4% 24.5% 26.4%
2019 28.7% 66.6% 20.2% 19.9%
2018 28.7% 68.5% 18.8% 20.3%
2017 29.2% 71.9% 24.1% 19.9%
2016 29.1% 73.3% 21.5% 19.7%
2015 30.8% 73.7% 22.9% 21.9%
2014 31.7% 72% 21.3% 14.5%
2013 29.2% 70.4% 19.8% 12.6%
2012 28.2% 62.1% 21.9% 12.1%
2011 28.9% 59.4% 21.2% 10.2%
2010 29.4% 57.7% 22.5% 10.7%
2009 32.7% 59.7% 23.5% 10.2%
2008 31.7% 55.1% 27.1% 6.77%
2007 29.3% 53.6% 23.7% 4.09%
2006 29.2% 56.7% 19.8% 6.68%
2005 28.9% 58.2% 22% 8.1%
2004 30.2% 57.5% 21.3% 11.4%
2003 29.7% 60.2% 21.4% 15%
2002 31.5% 64.1% 20.5% 17.6%
2001 32.7% 60.6% - -
2000 33.8% 63.8% - -
1999 37.1% 68.2% - -
1998 36.8% 71.2% - -
1997 30.3% 72.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

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

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Kazakhstan spent $66.9B, or 21.8% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 24.6% in Kazakhstan, ranking 96/185 and 167/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Kazakhstan
1x
Year Deficit/surplus, % of GDP
Albania Kazakhstan
2025 -1.75% -3.11%
2024 -0.72% -3.43%
2023 -1.32% -1.41%
2022 -3.64% 0.11%
2021 -4.57% -4.97%
2020 -6.67% -7.04%
2019 -1.84% -0.57%
2018 -1.58% 2.58%
2017 -1.41% -4.27%
2016 -1.5% -4.5%
2015 -4.32% -6.26%
2014 -5.46% 2.48%
2013 -5.22% 4.95%
2012 -3.44% 4.43%
2011 -3.52% 5.81%
2010 -3.52% 1.47%
2009 -6.59% -1.33%
2008 -4.88% 1.23%
2007 -3.18% 5.13%
2006 -3.26% 7.65%
2005 -3.46% 6.08%
2004 -5.16% 3.29%
2003 -5.01% 4%
2002 -6.21% 1.92%
2001 -6.84% -
2000 -7.77% -
1999 -8.84% -
1998 -9.93% -
1997 -11.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/albania/kazakhstan | 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 Kazakhstan's deficit of $9.54B, or 3.11% of GDP.

Over the past 24 years, Albania recorded a fiscal deficit in 24 of those years, while Kazakhstan ran a deficit in 10 years. On average, Albania posted an annual deficit equal to 3.68% of GDP, compared to surplus of 0.59% of GDP for Kazakhstan.

Inflation comparison by year

Inflation
Albania

Kazakhstan
1x
Year Consumer prices inflation
Albania Kazakhstan
2025 2.2% 11.4%
2024 2.2% 8.7%
2023 4.8% 14.5%
2022 6.7% 15%
2021 2% 8%
2020 1.6% 6.8%
2019 1.4% 5.3%
2018 2% 6%
2017 2% 7.5%
2016 1.3% 14.6%
2015 1.9% 6.8%
2014 1.6% 6.6%
2013 1.9% 5.8%
2012 2% 5.1%
2011 3.4% 8.4%
2010 3.6% 7.1%
2009 2.2% 7.3%
2008 3.3% 17.2%
2007 3% 10.8%
2006 2.4% 8.6%
2005 2.4% 7.4%
2004 2.9% 7%
2003 2.4% 6.4%
2002 5.2% 6%
2001 3.1% 8.4%
2000 0% 13.2%
1999 0.4% 8.3%
1998 20.6% 7.1%
1997 33.2% 17.4%

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

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

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 9.06% in Kazakhstan. In 2025, inflation was 2.2% in Albania and 11.4% in Kazakhstan.

Top exports between countries

Albania
Export category Export value
Wood & paper products $43K
Textiles & consumer goods $41K
Machinery & equipment $19K
Miscellaneous $1K
Kazakhstan
Export category Export value
Raw materials & minerals $7.31M
Metals $797K
Machinery & equipment $215K
Chemicals & pharma $24K
Raw agricultural goods $18K
Textiles & consumer goods $1K

Balance of trade

Albania Kazakhstan
Current account balance
-$161M
2025
-$12.5B
2025
Current account balance ranking
86/190
2025
177/190
2025
Current account balance, % of GDP
-0.53%
2025
-4.07%
2025
Goods imports
$8.52B
2025
$66.3B
2025
Goods exports
$1.76B
2025
$77.3B
2025
Service imports
$4.55B
2025
$14B
2025
Service exports
$9.66B
2025
$12.8B
2025
Imports of goods and services, % of GDP
42.5%
2025
25.6%
2024
Exports of goods and services, % of GDP
37%
2025
31.6%
2024

Economic freedom indices

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

Albania Kazakhstan
Economic freedom 68 64.2
Economic freedom ranking 50/197 75/197
Property rights 57.6 54.9
Government integrity 41.9 40.7
Judicial effectiveness 59.9 33.8
Tax burden 89.3 91.2
Government spending 74.3 85.6
Fiscal health 88 97.2
Business freedom 76.6 64.9
Labor freedom 46.2 63.5
Monetary freedom 78.6 64.3
Trade freedom 83 74.4
Investment freedom 60 50
Financial freedom 60 50

Economic freedom comparison by year

Albania
Kazakhstan
1x
Year Economic freedom index
Albania Kazakhstan
2026 68 64.2
2025 66.6 63.8
2024 64.8 62
2023 65.3 62.1
2022 66.6 64.4
2021 65.2 71.1
2020 66.9 69.6
2019 66.5 65.4
2018 64.5 69.1
2017 64.4 69
2016 65.9 63.6
2015 65.7 63.3
2014 66.9 63.7
2013 65.2 63
2012 65.1 63.6
2011 64 62.1
2010 66 61
2009 63.7 60.1
2008 62.4 61.1
2007 61.4 59.6
2006 60.3 60.2
2005 57.8 53.9
2004 58.5 49.7
2003 56.8 52.3
2002 56.8 52.4
2001 56.6 51.8
2000 53.6 50.4
1999 53.4 47.3
1998 53.9 41.7
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/kazakhstan | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 64.2 for Kazakhstan, ranking 75/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Kazakhstan
Services, % of GDP
49.7%
2025
57.7%
2025
Industry, % of GDP
21.8%
2025
32.3%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
3.74%
2025
GNI, Atlas method
$28.3B
2025
$286B
2025
GNI per capita, PPP
$28,170
2025
$41,090
2025
Total reserves including gold
$8.6B
2025
$66.1B
2025
Total reserves ranking
86/177
2025
40/177
2025
Net foreign direct investment
-$1.51B
2025
$1.38B
2025
Net inflows of foreign direct investment
$1.71B
2024
$2.09B
2024
Net outflows of foreign direct investment
$261M
2024
-$1.9B
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
17.3%
2024
Poverty at national poverty lines
19.7%
2022
5%
2024
Gross capital formation, % of GDP
25%
2024
27.2%
2024

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/kazakhstan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, 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. TradeMap (2021–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, 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.