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Economy of Albania vs Morocco compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $182B for Morocco, ranking 113/197 and 58/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $122B (67.1% of GDP) in Morocco.

Albania vs Morocco GDP by year

Albania
Morocco
1x
Year GDP, current $
Albania Morocco
2025 $30,540,188,271 $182,374,250,612
2024 $27,037,474,263 $160,610,994,055
2023 $23,491,242,727 $146,036,093,667
2022 $19,017,247,014 $131,245,312,804
2021 $18,031,989,573 $142,022,058,447
2020 $15,241,458,745 $121,353,645,057
2019 $15,585,111,614 $128,920,266,409
2018 $15,379,508,330 $127,341,147,582
2017 $13,258,268,436 $118,540,573,368
2016 $11,988,668,785 $111,572,947,005
2015 $11,470,171,827 $110,413,823,842
2014 $13,296,322,588 $119,130,841,412
2013 $12,796,985,886 $115,739,287,305
2012 $12,246,499,748 $106,937,392,311
2011 $12,973,755,875 $110,080,631,332
2010 $12,086,545,641 $100,865,329,473
2009 $12,335,540,656 $101,154,952,241
2008 $13,258,506,375 $101,822,906,949
2007 $11,116,937,870 $86,947,913,287
2006 $9,150,528,132 $75,883,823,301
2005 $8,256,658,250 $68,852,658,069
2004 $7,406,645,793 $66,114,145,451
2003 $5,801,712,040 $58,029,363,354
2002 $4,515,003,117 $47,077,192,188
2001 $4,059,064,033 $43,831,480,208
2000 $3,584,570,165 $43,017,455,402
1999 $3,283,941,510 $46,266,428,648
1998 $2,600,356,999 $46,497,608,725
1997 $2,293,666,030 $39,147,844,526
1996 $3,234,486,232 $43,161,571,528
1995 $2,905,092,799 $39,030,285,468
1994 $1,880,950,864 $35,604,137,423
1993 $1,185,315,468 $31,655,473,664
1992 $652,174,991 $33,711,069,431
1991 $1,099,559,028 $32,285,573,574
1990 $2,028,553,750 $30,179,954,775
1989 $2,253,090,000 $26,314,313,191
1988 $2,051,236,250 $25,705,296,184
1987 $2,080,796,250 $21,765,195,948
1986 $2,097,326,250 $19,462,085,540
1985 $1,897,050,117 $14,991,283,216
1984 $1,857,337,995 $14,824,667,954
1983 $1,881,412,587 $16,251,408,128
1982 $1,861,163,170 $17,692,276,734
1981 $1,808,177,156 $17,788,185,479
1980 $1,578,102,105 $21,728,516,153
1979 - $15,911,994,817
1978 - $13,236,946,234
1977 - $11,049,783,872
1976 - $9,584,297,284
1975 - $8,984,853,005
1974 - $7,675,466,449
1973 - $6,242,145,880
1972 - $5,074,117,545
1971 - $4,356,669,034
1970 - $3,956,336,244
1969 - $3,651,622,669
1968 - $3,271,422,333
1967 - $3,046,345,314
1966 - $2,876,401,297
1965 - $2,948,331,090
1964 - $2,798,345,299
1963 - $2,657,252,578
1962 - $2,379,611,125
1961 - $2,025,693,540
1960 - $2,037,154,742

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Albania vs Morocco by year

Albania
GDP per capita

GDP per capita, PPP
Morocco
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Morocco
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $4,746 -
2024 $11,374 $26,702 $4,218 $10,415
2023 $9,741 $24,822 $3,872 $9,895
2022 $7,757 $22,138 $3,516 $9,310
2021 $7,242 $18,213 $3,843 $8,623
2020 $6,028 $16,288 $3,317 $7,705
2019 $6,069 $16,442 $3,560 $8,046
2018 $5,898 $15,055 $3,553 $7,801
2017 $5,006 $14,111 $3,344 $8,115
2016 $4,458 $13,056 $3,186 $7,853
2015 $4,200 $12,387 $3,190 $7,799
2014 $4,794 $11,788 $3,483 $7,237
2013 $4,543 $10,882 $3,425 $7,542
2012 $4,281 $10,609 $3,206 $7,308
2011 $4,466 $10,273 $3,345 $7,274
2010 $4,149 $9,755 $3,107 $6,849
2009 $4,214 $9,031 $3,158 $6,629
2008 $4,499 $8,469 $3,222 $6,437
2007 $3,743 $7,585 $2,788 $6,058
2006 $3,058 $6,753 $2,466 $5,781
2005 $2,742 $6,014 $2,268 $5,275
2004 $2,447 $5,595 $2,207 $5,025
2003 $1,909 $5,169 $1,962 $4,741
2002 $1,480 $4,840 $1,612 $4,436
2001 $1,326 $4,451 $1,521 $4,269
2000 $1,160 $3,978 $1,513 $3,930
1999 $1,056 $3,549 $1,651 $3,801
1998 $831 $3,086 $1,683 $3,740
1997 $729 $2,760 $1,439 $3,502
1996 $1,021 $3,054 $1,610 $3,551
1995 $911 $2,777 $1,478 $3,152
1994 $586 $2,385 $1,369 $3,315
1993 $367 $2,143 $1,236 $2,979
1992 $200.9 $1,899 $1,337 $2,979
1991 $337 $1,989 $1,302 $3,025
1990 $617 $2,656 $1,238 $2,777
1989 $698 - $1,099 -
1988 $653 - $1,094 -
1987 $675 - $944 -
1986 $694 - $861 -
1985 $640 - $678 -
1984 $639 - $687 -
1983 $662 - $772 -
1982 $668 - $862 -
1981 $663 - $890 -
1980 $591 - $1,117 -
1979 - - $839 -
1978 - - $716 -
1977 - - $613 -
1976 - - $545 -
1975 - - $524 -
1974 - - $459 -
1973 - - $382 -
1972 - - $319 -
1971 - - $280.6 -
1970 - - $261.5 -
1969 - - $247.8 -
1968 - - $228 -
1967 - - $218.1 -
1966 - - $211.5 -
1965 - - $222.7 -
1964 - - $216.9 -
1963 - - $211.3 -
1962 - - $194.2 -
1961 - - $169.8 -
1960 - - $175.2 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Albania's GDP per capita is $12,998, ranking 79/197, compared to $4,746 in Morocco, ranking 126/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Morocco ranks 132nd at $10,415.

Economic indicators

Albania Morocco
Gross domestic product
$30.5B
2025
$182B
2025
GDP rank
113/197
2025
58/197
2025
GDP growth
3.79%
2024-2025
4.6%
2024-2025
GDP per capita
$12,998
2025
$4,746
2025
GDP per capita rank
79/197
2025
126/197
2025
GDP per capita, PPP
$26,702
2024
$10,415
2024
GDP per capita PPP rank
79/197
2024
132/197
2024
Government debt
$16.1B
2025
$122B
2025
Debt-to-GDP ratio
52.6%
2025
67.1%
2025
Government debt per person
$6,837
2025
$3,183
2025
Government debt per person rank
72/185
2025
102/185
2025
Average annual personal income after taxes
$9,481
2026
$4,045
2026
Market capitalization of domestic companies n/a
$114B
2025
Number of billionaires
1
2026
3
2026
Income share by richest 10%
22.8%
2020
31.9%
2013
Income share by poorest 10%
3.4%
2020
2.7%
2013
Government expenditure, % of GDP
30.1%
2025
31.3%
2025
Consumer prices inflation
2.2%
2024-2025
0.7%
2024-2025
Central bank interest rate
2.5%
2025
2.25%
2025
Unemployment rate
8.43%
2024
11.8%
2022
Population
2332078
38938817

Spending and national debt comparison by year

Albania
Spending

Debt
Morocco
Spending

Debt
1x
Year % of GDP
Albania Morocco
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 31.3% 67.1%
2024 28.9% 54.5% 30.9% 67.7%
2023 28.5% 58% 30.2% 68.7%
2022 30.3% 64.7% 31.8% 71.4%
2021 31.9% 74.8% 30.1% 69.4%
2020 32.4% 75.4% 34.1% 72.2%
2019 28.7% 66.6% 27% 60.3%
2018 28.7% 68.5% 27.8% 60.5%
2017 29.2% 71.9% 27.9% 60.3%
2016 29.1% 73.3% 28.6% 60.1%
2015 30.8% 73.7% 28.5% 58.4%
2014 31.7% 72% 30.7% 58.6%
2013 29.2% 70.4% 30.4% 57.1%
2012 28.2% 62.1% 32.5% 52.3%
2011 28.9% 59.4% 31.2% 48.6%
2010 29.4% 57.7% 28.7% 45.3%
2009 32.7% 59.7% 28.1% 42.6%
2008 31.7% 55.1% 28.3% 42%
2007 29.3% 53.6% 26.4% 47.1%
2006 29.2% 56.7% 26% 50.6%
2005 28.9% 58.2% 28.6% 54.8%
2004 30.2% 57.5% 24.5% 54.4%
2003 29.7% 60.2% 24.1% 56.9%
2002 31.5% 64.1% 25.8% 59.4%
2001 32.7% 60.6% 23.7% 60.4%
2000 33.8% 63.8% 22.8% 64.9%
1999 37.1% 68.2% 18.4% 63.4%
1998 36.8% 71.2% 18.7% 64.5%
1997 30.3% 72.2% 18.6% 68%
1996 - - 17.6% 65.3%
1995 - - 21.3% 72.2%
1994 - - 21.7% 69.3%
1993 - - 23.1% 74.7%
1992 - - 22.3% 67%
1991 - - 20.8% 59.1%
1990 - - 22.6% 70.5%

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

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

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Morocco spent $57B, or 31.3% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 67.1% in Morocco, ranking 96/185 and 64/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Morocco
1x
Year Deficit/surplus, % of GDP
Albania Morocco
2025 -1.75% -3.54%
2024 -0.72% -3.92%
2023 -1.32% -4.41%
2022 -3.64% -5.37%
2021 -4.57% -5.92%
2020 -6.67% -7.15%
2019 -1.84% -3.8%
2018 -1.58% -3.52%
2017 -1.41% -3.3%
2016 -1.5% -4.49%
2015 -4.32% -4.59%
2014 -5.46% -4.78%
2013 -5.22% -4.7%
2012 -3.44% -6.63%
2011 -3.52% -6.08%
2010 -3.52% -3.93%
2009 -6.59% -1.63%
2008 -4.88% 0.63%
2007 -3.18% -0.12%
2006 -3.26% -1.8%
2005 -3.46% -5.46%
2004 -5.16% -3.31%
2003 -5.01% -3.74%
2002 -6.21% -4.37%
2001 -6.84% -3.79%
2000 -7.77% -1.97%
1999 -8.84% 3.21%
1998 -9.93% 1.47%
1997 -11.9% 1.5%
1996 - 0.87%
1995 - -2.54%
1994 - -2.51%
1993 - -2%
1992 - -1.84%
1991 - -0.9%
1990 - -1.32%

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

GeoRank.org/economy/albania/morocco | 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 Morocco's deficit of $6.46B, or 3.54% of GDP.

Over the past 29 years, Albania recorded a fiscal deficit in 29 of those years, while Morocco ran a deficit in 25 years. On average, Albania posted an annual deficit equal to 4.6% of GDP, compared to deficit of 3.29% of GDP for Morocco.

Inflation comparison by year

Inflation
Albania

Morocco
1x
Year Consumer prices inflation
Albania Morocco
2025 2.2% 0.7%
2024 2.2% 0.99%
2023 4.8% 6.09%
2022 6.7% 6.66%
2021 2% 1.4%
2020 1.6% 0.71%
2019 1.4% 0.3%
2018 2% 1.8%
2017 2% 0.75%
2016 1.3% 1.64%
2015 1.9% 1.56%
2014 1.6% 0.44%
2013 1.9% 1.88%
2012 2% 1.29%
2011 3.4% 0.91%
2010 3.6% 0.99%
2009 2.2% 0.97%
2008 3.3% 3.71%
2007 3% 2.04%
2006 2.4% 3.28%
2005 2.4% 0.98%
2004 2.9% 1.49%
2003 2.4% 1.17%
2002 5.2% 2.8%
2001 3.1% 0.62%
2000 0% 1.89%
1999 0.4% 0.68%
1998 20.6% 2.75%
1997 33.2% 1.04%

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/morocco | CC BY

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 1.78% in Morocco. In 2025, inflation was 2.2% in Albania and 0.7% in Morocco.

Top exports between countries

Albania
Export category Export value
Transport & tourism services $1.3M
Raw materials & minerals $395K
Machinery & equipment $378K
Animal & marine products $352K
Raw agricultural goods $207K
Textiles & consumer goods $122K
Metals $51K
Processed food, beverages & tobacco $23K
Morocco
Export category Export value
Processed food, beverages & tobacco $3.13M
Raw materials & minerals $2.04M
Animal & marine products $1.19M
Machinery & equipment $210K
Metals $170K
Wood & paper products $80K
Chemicals & pharma $75K
Raw agricultural goods $74K
Textiles & consumer goods $17K

Balance of trade

Albania Morocco
Current account balance
-$161M
2025
-$4.56B
2025
Current account balance ranking
86/190
2025
163/190
2025
Current account balance, % of GDP
-0.53%
2025
-2.5%
2025
Goods imports
$8.52B
2025
$77.2B
2025
Goods exports
$1.76B
2025
$43.7B
2025
Service imports
$4.55B
2025
$16.7B
2025
Service exports
$9.66B
2025
$33.6B
2025
Imports of goods and services, % of GDP
42.5%
2025
51.1%
2025
Exports of goods and services, % of GDP
37%
2025
42%
2025

Economic freedom indices

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

Albania Morocco
Economic freedom 68 61.8
Economic freedom ranking 50/197 91/197
Property rights 57.6 55.2
Government integrity 41.9 35.6
Judicial effectiveness 59.9 32.5
Tax burden 89.3 65.5
Government spending 74.3 67.5
Fiscal health 88 57.5
Business freedom 76.6 72.1
Labor freedom 46.2 46.2
Monetary freedom 78.6 79.6
Trade freedom 83 69.8
Investment freedom 60 80
Financial freedom 60 80

Economic freedom comparison by year

Albania
Morocco
1x
Year Economic freedom index
Albania Morocco
2026 68 61.8
2025 66.6 60.3
2024 64.8 56.8
2023 65.3 58.4
2022 66.6 59.2
2021 65.2 63.3
2020 66.9 63.3
2019 66.5 62.9
2018 64.5 61.9
2017 64.4 61.5
2016 65.9 61.3
2015 65.7 60.1
2014 66.9 58.3
2013 65.2 59.6
2012 65.1 60.2
2011 64 59.6
2010 66 59.2
2009 63.7 57.7
2008 62.4 55.6
2007 61.4 56.4
2006 60.3 51.5
2005 57.8 52.2
2004 58.5 56.7
2003 56.8 57.8
2002 56.8 59
2001 56.6 63.9
2000 53.6 63.2
1999 53.4 63.8
1998 53.9 61.1
1997 54.8 64.7
1996 53.8 64.3
1995 49.7 62.8

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

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

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 61.8 for Morocco, ranking 91/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Morocco
Services, % of GDP
49.7%
2025
52.3%
2025
Industry, % of GDP
21.8%
2025
25.2%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
10.5%
2025
GNI, Atlas method
$28.3B
2025
$170B
2025
GNI per capita, PPP
$28,170
2025
$10,960
2025
Total reserves including gold
$8.6B
2025
$48.5B
2025
Total reserves ranking
86/177
2025
50/177
2025
Net foreign direct investment
-$1.51B
2025
-$2.51B
2025
Net inflows of foreign direct investment
$1.71B
2024
$1.75B
2024
Net outflows of foreign direct investment
$261M
2024
$679M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
5.63%
2024
Poverty at national poverty lines
19.7%
2022
3.9%
2022
Gross capital formation, % of GDP
25%
2024
31.9%
2025

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/morocco | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, 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. TradeMap (2023–2025, 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.