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Economy of Albania vs Maldives compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $7.74B for Maldives, ranking 113/197 and 159/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $9.71B (125.4% of GDP) in Maldives.

Albania vs Maldives GDP by year

Albania
Maldives
1x
Year GDP, current $
Albania Maldives
2025 $30,540,188,271 $7,741,066,861
2024 $27,037,474,263 $7,061,608,267
2023 $23,491,242,727 $6,621,008,704
2022 $19,017,247,014 $6,177,123,352
2021 $18,031,989,573 $5,252,457,370
2020 $15,241,458,745 $3,712,604,583
2019 $15,585,111,614 $5,726,094,799
2018 $15,379,508,330 $5,404,344,163
2017 $13,258,268,436 $4,816,426,257
2016 $11,988,668,785 $4,409,942,624
2015 $11,470,171,827 $4,129,505,319
2014 $13,296,322,588 $3,697,353,039
2013 $12,796,985,886 $3,295,009,238
2012 $12,246,499,748 $2,886,163,997
2011 $12,973,755,875 $2,774,350,240
2010 $12,086,545,641 $2,588,176,055
2009 $12,335,540,656 $2,345,294,875
2008 $13,258,506,375 $2,271,646,188
2007 $11,116,937,870 $1,868,383,461
2006 $9,150,528,132 $1,575,200,391
2005 $8,256,658,250 $1,163,362,438
2004 $7,406,645,793 $1,226,829,563
2003 $5,801,712,040 $1,052,121,055
2002 $4,515,003,117 $897,031,250
2001 $4,059,064,033 $870,031,677
2000 $3,584,570,165 $624,337,145
1999 $3,283,941,510 $589,239,754
1998 $2,600,356,999 $540,096,398
1997 $2,293,666,030 $508,223,602
1996 $3,234,486,232 $450,382,328
1995 $2,905,092,799 $398,988,955
1994 $1,880,950,864 $356,014,932
1993 $1,185,315,468 $322,417,837
1992 $652,174,991 $284,875,809
1991 $1,099,559,028 $244,396,762
1990 $2,028,553,750 $215,043,970
1989 $2,253,090,000 $189,514,434
1988 $2,051,236,250 $168,514,513
1987 $2,080,796,250 $141,223,029
1986 $2,097,326,250 $141,882,254
1985 $1,897,050,117 $127,190,758
1984 $1,857,337,995 $109,503,546
1983 $1,881,412,587 $57,829,787
1982 $1,861,163,170 $47,911,340
1981 $1,808,177,156 $44,781,457
1980 $1,578,102,105 $42,463,576
1979 - $38,523,364
1978 - $24,369,109
1977 - $20,853,789
1976 - $22,399,467
1975 - $24,540,878
1974 - $39,120,171
1973 - $30,862,042
1972 - $25,177,138
1971 - $21,566,404
1970 - $19,328,038

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Albania vs Maldives by year

Albania
GDP per capita

GDP per capita, PPP
Maldives
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Maldives
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $14,615 -
2024 $11,374 $26,702 $13,379 $26,183
2023 $9,741 $24,822 $12,588 $24,786
2022 $7,757 $22,138 $11,786 $22,881
2021 $7,242 $18,213 $10,176 $19,053
2020 $6,028 $16,288 $7,394 $13,425
2019 $6,069 $16,442 $11,740 $23,077
2018 $5,898 $15,055 $11,423 $21,899
2017 $5,006 $14,111 $10,510 $19,768
2016 $4,458 $13,056 $9,948 $18,770
2015 $4,200 $12,387 $9,645 $17,875
2014 $4,794 $11,788 $8,939 $16,723
2013 $4,543 $10,882 $8,236 $15,264
2012 $4,281 $10,609 $7,461 $13,989
2011 $4,466 $10,273 $7,425 $13,726
2010 $4,149 $9,755 $7,174 $12,797
2009 $4,214 $9,031 $6,734 $12,266
2008 $4,499 $8,469 $6,757 $13,779
2007 $3,743 $7,585 $5,758 $12,852
2006 $3,058 $6,753 $5,019 $12,075
2005 $2,742 $6,014 $3,797 $9,704
2004 $2,447 $5,595 $4,070 $10,770
2003 $1,909 $5,169 $3,549 $10,065
2002 $1,480 $4,840 $3,076 $8,823
2001 $1,326 $4,451 $3,034 $8,236
2000 $1,160 $3,978 $2,214 $8,526
1999 $1,056 $3,549 $2,124 $8,162
1998 $831 $3,086 $1,980 $7,710
1997 $729 $2,760 $1,898 $7,226
1996 $1,021 $3,054 $1,717 $6,687
1995 $911 $2,777 $1,555 $6,223
1994 $586 $2,385 $1,419 $5,520
1993 $367 $2,143 $1,317 $5,138
1992 $200.9 $1,899 $1,194 $4,881
1991 $337 $1,989 $1,054 $4,604
1990 $617 $2,656 $957 $4,528
1989 $698 - $870 -
1988 $653 - $799 -
1987 $675 - $692 -
1986 $694 - $720 -
1985 $640 - $669 -
1984 $639 - $594 -
1983 $662 - $323 -
1982 $668 - $274.8 -
1981 $663 - $264.1 -
1980 $591 - $257.6 -
1979 - - $240.2 -
1978 - - $156.1 -
1977 - - $137.3 -
1976 - - $151.8 -
1975 - - $171.4 -
1974 - - $281.5 -
1973 - - $228.7 -
1972 - - $192.2 -
1971 - - $169.8 -
1970 - - $156.9 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Albania's GDP per capita is $12,998, ranking 79/197, compared to $14,615 in Maldives, ranking 75/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Maldives ranks 81st at $26,183.

Economic indicators

Albania Maldives
Gross domestic product
$30.5B
2025
$7.74B
2025
GDP rank
113/197
2025
159/197
2025
GDP growth
3.79%
2024-2025
6.31%
2024-2025
GDP per capita
$12,998
2025
$14,615
2025
GDP per capita rank
79/197
2025
75/197
2025
GDP per capita, PPP
$26,702
2024
$26,183
2024
GDP per capita PPP rank
79/197
2024
81/197
2024
Government debt
$16.1B
2025
$9.71B
2025
Debt-to-GDP ratio
52.6%
2025
125.4%
2025
Government debt per person
$6,837
2025
$18,329
2025
Government debt per person rank
72/185
2025
35/185
2025
Average annual personal income after taxes
$9,481
2026
$9,733
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
23.3%
2019
Income share by poorest 10%
3.4%
2020
3.8%
2019
Government expenditure, % of GDP
30.1%
2025
36.5%
2025
Consumer prices inflation
2.2%
2024-2025
3.5%
2024-2025
Central bank interest rate
2.5%
2025
n/a
Unemployment rate
8.43%
2024
4.56%
2019
Population
2332078
532468

Spending and national debt comparison by year

Albania
Spending

Debt
Maldives
Spending

Debt
1x
Year % of GDP
Albania Maldives
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 36.5% 125.4%
2024 28.9% 54.5% 43.9% 133.3%
2023 28.5% 58% 46.7% 122.4%
2022 30.3% 64.7% 42% 111.6%
2021 31.9% 74.8% 40.6% 123.4%
2020 32.4% 75.4% 50.4% 155.7%
2019 28.7% 66.6% 32.9% 77.2%
2018 28.7% 68.5% 31.9% 70.7%
2017 29.2% 71.9% 30.4% 63.8%
2016 29.1% 73.3% 37.3% 61.9%
2015 30.8% 73.7% 33.8% 54.8%
2014 31.7% 72% 29.1% 55.1%
2013 29.2% 70.4% 27% 55.9%
2012 28.2% 62.1% 29.8% 57.1%
2011 28.9% 59.4% 31.3% 51.9%
2010 29.4% 57.7% 33.2% 52.7%
2009 32.7% 59.7% 37% 48.4%
2008 31.7% 55.1% 35.6% 39%
2007 29.3% 53.6% 34.8% 35.8%
2006 29.2% 56.7% 35% 36.8%
2005 28.9% 58.2% 38.8% 43.2%
2004 30.2% 57.5% 24.1% 34.7%
2003 29.7% 60.2% 26.4% 37.6%
2002 31.5% 64.1% 29.6% 44.3%
2001 32.7% 60.6% 29.6% 41.8%
2000 33.8% 63.8% 29% 39%
1999 37.1% 68.2% 28% 38.9%
1998 36.8% 71.2% 25.9% 39.3%
1997 30.3% 72.2% 25.2% 38.1%
1996 - - 27.3% 46.9%
1995 - - 31.3% 52.2%
1994 - - 30.7% 54.6%
1993 - - 34.7% 55.7%
1992 - - 36.1% 49%
1991 - - 37.7% 46.7%
1990 - - 33.3% 42.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1996, retrieved 2026-07-08).

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

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Maldives spent $2.83B, or 36.5% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 125.4% in Maldives, ranking 96/185 and 11/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Maldives
1x
Year Deficit/surplus, % of GDP
Albania Maldives
2025 -1.75% -2.94%
2024 -0.72% -11.6%
2023 -1.32% -13.2%
2022 -3.64% -11.2%
2021 -4.57% -14.2%
2020 -6.67% -23.7%
2019 -1.84% -6.54%
2018 -1.58% -5.17%
2017 -1.41% -3.02%
2016 -1.5% -9.93%
2015 -4.32% -6.52%
2014 -5.46% -2.42%
2013 -5.22% -3.49%
2012 -3.44% -6.91%
2011 -3.52% -8.13%
2010 -3.52% -13.6%
2009 -6.59% -17.9%
2008 -4.88% -9.92%
2007 -3.18% -3.16%
2006 -3.26% -4.52%
2005 -3.46% -7.81%
2004 -5.16% -2.26%
2003 -5.01% -3.45%
2002 -6.21% -3.97%
2001 -6.84% -3.97%
2000 -7.77% -3.89%
1999 -8.84% -3.03%
1998 -9.93% -2.25%
1997 -11.9% -1.46%
1996 - -2.01%
1995 - -5.66%
1994 - -4.82%
1993 - -13.9%
1992 - -12.6%
1991 - -10.2%
1990 - -12.8%

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

GeoRank.org/economy/albania/maldives | 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 Maldives' deficit of $228M, or 2.94% of GDP.

Over the past 29 years, Albania recorded a fiscal deficit in 29 of those years, while Maldives ran a deficit in 29 years. On average, Albania posted an annual deficit equal to 4.6% of GDP, compared to deficit of 7.24% of GDP for Maldives.

Inflation comparison by year

Inflation
Albania

Maldives
1x
Year Consumer prices inflation
Albania Maldives
2025 2.2% 3.5%
2024 2.2% 1.4%
2023 4.8% 2.6%
2022 6.7% 2.6%
2021 2% 0.2%
2020 1.6% -1.6%
2019 1.4% 1.3%
2018 2% 1.4%
2017 2% 2.3%
2016 1.3% 0.8%
2015 1.9% 1.4%
2014 1.6% 2.4%
2013 1.9% 4%
2012 2% 10.9%
2011 3.4% 11.3%
2010 3.6% 6.1%
2009 2.2% 4.5%
2008 3.3% 12%
2007 3% 6.8%
2006 2.4% 3.5%
2005 2.4% 2.5%
2004 2.9% 6.3%
2003 2.4% -2.8%
2002 5.2% 0.9%
2001 3.1% 0.7%
2000 0% -1.2%
1999 0.4% 3%
1998 20.6% -1.4%
1997 33.2% 7.6%

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

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

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 3.21% in Maldives. In 2025, inflation was 2.2% in Albania and 3.5% in Maldives.

Balance of trade

Albania Maldives
Current account balance
-$161M
2025
-$1.32B
2024
Current account balance ranking
86/190
2025
126/190
2024
Current account balance, % of GDP
-0.53%
2025
-18.7%
2024
Goods imports
$8.52B
2025
$3.46B
2024
Goods exports
$1.76B
2025
$383M
2024
Service imports
$4.55B
2025
$1.89B
2024
Service exports
$9.66B
2025
$5.03B
2024
Imports of goods and services, % of GDP
42.5%
2025
78.3%
2024
Exports of goods and services, % of GDP
37%
2025
78.2%
2024

Economic freedom indices

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

Albania Maldives
Economic freedom 68 47.6
Economic freedom ranking 50/197 174/197
Property rights 57.6 52.2
Government integrity 41.9 41.9
Judicial effectiveness 59.9 39.3
Tax burden 89.3 89.9
Government spending 74.3 39.5
Fiscal health 88 0
Business freedom 76.6 49.7
Labor freedom 46.2 54.1
Monetary freedom 78.6 76.4
Trade freedom 83 62.8
Investment freedom 60 35
Financial freedom 60 30

Economic freedom comparison by year

Albania
Maldives
1x
Year Economic freedom index
Albania Maldives
2026 68 47.6
2025 66.6 48.3
2024 64.8 47.8
2023 65.3 46.6
2022 66.6 47.3
2021 65.2 55.2
2020 66.9 56.5
2019 66.5 53.2
2018 64.5 51.1
2017 64.4 50.3
2016 65.9 53.9
2015 65.7 53.4
2014 66.9 51
2013 65.2 49
2012 65.1 49.2
2011 64 48.3
2010 66 49
2009 63.7 51.3
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/maldives | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 47.6 for Maldives, ranking 174/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Maldives
Services, % of GDP
49.7%
2025
69.9%
2025
Industry, % of GDP
21.8%
2025
9.33%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
4.59%
2025
GNI, Atlas method
$28.3B
2025
$6.86B
2025
GNI per capita, PPP
$28,170
2025
$25,600
2025
Total reserves including gold
$8.6B
2025
$985M
2025
Total reserves ranking
86/177
2025
143/177
2025
Net foreign direct investment
-$1.51B
2025
-$806M
2024
Net inflows of foreign direct investment
$1.71B
2024
$806M
2024
Net outflows of foreign direct investment
$261M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
8.02%
2024
Poverty at national poverty lines
19.7%
2022
15%
2020
Gross capital formation, % of GDP
25%
2024
30.8%
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/maldives | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1996, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. 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.