Skip to content

Economy of Albania vs Saint Lucia compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $2.66B for Saint Lucia, ranking 113/197 and 173/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $2.05B (77.1% of GDP) in Saint Lucia.

Albania vs Saint Lucia GDP by year

Albania
Saint Lucia
1x
Year GDP, current $
Albania Saint Lucia
2025 $30,540,188,271 $2,656,444,444
2024 $27,037,474,263 $2,605,148,148
2023 $23,491,242,727 $2,441,259,259
2022 $19,017,247,014 $2,319,888,889
2021 $18,031,989,573 $1,871,111,111
2020 $15,241,458,745 $1,521,740,741
2019 $15,585,111,614 $2,090,074,074
2018 $15,379,508,330 $2,060,955,556
2017 $13,258,268,436 $1,998,503,704
2016 $11,988,668,785 $1,868,544,444
2015 $11,470,171,827 $1,807,640,741
2014 $13,296,322,588 $1,749,185,185
2013 $12,796,985,886 $1,660,392,593
2012 $12,246,499,748 $1,598,207,407
2011 $12,973,755,875 $1,568,370,370
2010 $12,086,545,641 $1,482,385,185
2009 $12,335,540,656 $1,401,507,889
2008 $13,258,506,375 $1,437,731,111
2007 $11,116,937,870 $1,336,088,815
2006 $9,150,528,132 $1,268,319,185
2005 $8,256,658,250 $1,135,555,556
2004 $7,406,645,793 $1,066,666,667
2003 $5,801,712,040 $987,407,407
2002 $4,515,003,117 $900,000,000
2001 $4,059,064,033 $892,592,593
2000 $3,584,570,165 $932,592,593
1999 $3,283,941,510 $921,851,852
1998 $2,600,356,999 $877,407,407
1997 $2,293,666,030 $805,925,926
1996 $3,234,486,232 $788,888,889
1995 $2,905,092,799 $762,962,963
1994 $1,880,950,864 $713,703,704
1993 $1,185,315,468 $684,814,815
1992 $652,174,991 $674,074,074
1991 $1,099,559,028 $613,703,704
1990 $2,028,553,750 $579,629,630
1989 $2,253,090,000 $486,666,667
1988 $2,051,236,250 $429,629,630
1987 $2,080,796,250 $375,555,556
1986 $2,097,326,250 $340,000,000
1985 $1,897,050,117 $284,444,444
1984 $1,857,337,995 $251,481,481
1983 $1,881,412,587 $197,037,037
1982 $1,861,163,170 $183,333,333
1981 $1,808,177,156 $194,444,444
1980 $1,578,102,105 $170,370,370

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

GeoRank.org/economy/albania/saint-lucia | CC BY

GDP per capita in Albania vs Saint Lucia by year

Albania
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $14,746 -
2024 $11,374 $26,702 $14,494 $27,567
2023 $9,741 $24,822 $13,617 $25,975
2022 $7,757 $22,138 $12,976 $24,599
2021 $7,242 $18,213 $10,481 $19,101
2020 $6,028 $16,288 $8,537 $14,912
2019 $6,069 $16,442 $11,764 $18,710
2018 $5,898 $15,055 $11,643 $17,433
2017 $5,006 $14,111 $11,333 $16,131
2016 $4,458 $13,056 $10,638 $15,307
2015 $4,200 $12,387 $10,335 $14,353
2014 $4,794 $11,788 $10,045 $14,403
2013 $4,543 $10,882 $9,577 $14,010
2012 $4,281 $10,609 $9,260 $13,443
2011 $4,466 $10,273 $9,129 $13,471
2010 $4,149 $9,755 $8,674 $12,718
2009 $4,214 $9,031 $8,251 $12,600
2008 $4,499 $8,469 $8,517 $12,969
2007 $3,743 $7,585 $7,964 $12,199
2006 $3,058 $6,753 $7,611 $11,758
2005 $2,742 $6,014 $6,863 $10,818
2004 $2,447 $5,595 $6,495 $10,610
2003 $1,909 $5,169 $6,059 $9,707
2002 $1,480 $4,840 $5,568 $9,205
2001 $1,326 $4,451 $5,570 $9,106
2000 $1,160 $3,978 $5,880 $9,314
1999 $1,056 $3,549 $5,883 $9,214
1998 $831 $3,086 $5,673 $8,965
1997 $729 $2,760 $5,282 $8,456
1996 $1,021 $3,054 $5,244 $8,490
1995 $911 $2,777 $5,148 $8,222
1994 $586 $2,385 $4,892 $8,041
1993 $367 $2,143 $4,765 $7,865
1992 $200.9 $1,899 $4,760 $7,753
1991 $337 $1,989 $4,399 $7,127
1990 $617 $2,656 $4,205 $6,951
1989 $698 - $3,565 -
1988 $653 - $3,182 -
1987 $675 - $2,819 -
1986 $694 - $2,591 -
1985 $640 - $2,202 -
1984 $639 - $1,979 -
1983 $662 - $1,576 -
1982 $668 - $1,489 -
1981 $663 - $1,605 -
1980 $591 - $1,428 -

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

GeoRank.org/economy/albania/saint-lucia | CC BY

Albania's GDP per capita is $12,998, ranking 79/197, compared to $14,746 in Saint Lucia, ranking 72/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Albania Saint Lucia
Gross domestic product
$30.5B
2025
$2.66B
2025
GDP rank
113/197
2025
173/197
2025
GDP growth
3.79%
2024-2025
-0.57%
2024-2025
GDP per capita
$12,998
2025
$14,746
2025
GDP per capita rank
79/197
2025
72/197
2025
GDP per capita, PPP
$26,702
2024
$27,567
2024
GDP per capita PPP rank
79/197
2024
75/197
2024
Government debt
$16.1B
2025
$2.05B
2025
Debt-to-GDP ratio
52.6%
2025
77.1%
2025
Government debt per person
$6,837
2025
$11,365
2025
Government debt per person rank
72/185
2025
53/185
2025
Average annual personal income after taxes
$9,481
2026
$12,464
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
34.1%
2015
Income share by poorest 10%
3.4%
2020
2.1%
2015
Government expenditure, % of GDP
30.1%
2025
25.2%
2025
Consumer prices inflation
2.2%
2024-2025
2.03%
2024-2025
Central bank interest rate
2.5%
2025
n/a
Unemployment rate
8.43%
2024
7.66%
2025
Population
2332078
180676

Spending and national debt comparison by year

Albania
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Albania Saint Lucia
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 25.2% 77.1%
2024 28.9% 54.5% 24.4% 76.7%
2023 28.5% 58% 25.3% 75.2%
2022 30.3% 64.7% 23.8% 73.9%
2021 31.9% 74.8% 26.7% 81.9%
2020 32.4% 75.4% 33.1% 94.4%
2019 28.7% 66.6% 24.6% 62.1%
2018 28.7% 68.5% 23.2% 60.3%
2017 29.2% 71.9% 23% 59.9%
2016 29.1% 73.3% 22.6% 60.2%
2015 30.8% 73.7% 22.1% 60.6%
2014 31.7% 72% 22.6% 61.9%
2013 29.2% 70.4% 24.3% 61.2%
2012 28.2% 62.1% 27.1% 60.2%
2011 28.9% 59.4% 26.9% 54.9%
2010 29.4% 57.7% 25.6% 52.2%
2009 32.7% 59.7% 24.2% 50.2%
2008 31.7% 55.1% 22.3% 46.9%
2007 29.3% 53.6% 22.2% 48.2%
2006 29.2% 56.7% 24.4% 48%
2005 28.9% 58.2% 25.3% 50.4%
2004 30.2% 57.5% 22.5% 48.8%
2003 29.7% 60.2% 22.5% 44.7%
2002 31.5% 64.1% 23% 47.7%
2001 32.7% 60.6% 22% 38%
2000 33.8% 63.8% 20.9% 32.8%
1999 37.1% 68.2% 20.9% 28.8%
1998 36.8% 71.2% 18.6% 29.1%
1997 30.3% 72.2% 19% 26.6%
1996 - - 18.8% 23.9%
1995 - - 19% 22.7%
1994 - - 18.7% 23.4%
1993 - - 21.6% 22.7%
1992 - - 18.3% 22.1%
1991 - - 18% 19.3%
1990 - - 16.5% 16.7%
1989 - - 19% 18.1%
1988 - - 18.2% 18.6%
1987 - - 19.9% 19.6%
1986 - - 21.1% 17.2%
1985 - - 20.4% 17.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/albania/saint-lucia | CC BY

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Saint Lucia spent $671M, or 25.2% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 77.1% in Saint Lucia, ranking 96/185 and 48/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Albania Saint Lucia
2025 -1.75% -2.88%
2024 -0.72% -1.81%
2023 -1.32% -3.18%
2022 -3.64% -2.48%
2021 -4.57% -5.35%
2020 -6.67% -11.5%
2019 -1.84% -2.95%
2018 -1.58% -1.22%
2017 -1.41% -2.09%
2016 -1.5% -1.53%
2015 -4.32% -1.18%
2014 -5.46% -2.29%
2013 -5.22% -3.98%
2012 -3.44% -6.93%
2011 -3.52% -5.35%
2010 -3.52% -4.11%
2009 -6.59% -2.63%
2008 -4.88% -0.72%
2007 -3.18% -1.59%
2006 -3.26% -5.01%
2005 -3.46% -6%
2004 -5.16% -2.58%
2003 -5.01% -3.17%
2002 -6.21% -3.03%
2001 -6.84% -3.07%
2000 -7.77% -1.17%
1999 -8.84% 1.61%
1998 -9.93% 2.22%
1997 -11.9% -1.1%
1996 - -0.57%
1995 - -0.13%
1994 - -0.02%
1993 - -0.25%
1992 - -0.66%
1991 - -0.42%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 - 0.56%
1986 - -1.61%
1985 - -1.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

GeoRank.org/economy/albania/saint-lucia | 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 Saint Lucia's deficit of $76.5M, or 2.88% of GDP.

Over the past 29 years, Albania recorded a fiscal deficit in 29 of those years, while Saint Lucia ran a deficit in 27 years. On average, Albania posted an annual deficit equal to 4.6% of GDP, compared to deficit of 2.93% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Albania

Saint Lucia
1x
Year Consumer prices inflation
Albania Saint Lucia
2025 2.2% 2.03%
2024 2.2% -0.67%
2023 4.8% 3.82%
2022 6.7% 9.65%
2021 2% 2.41%
2020 1.6% -1.76%
2019 1.4% 0.54%
2018 2% 1.94%
2017 2% 0.1%
2016 1.3% -3.08%
2015 1.9% -0.98%
2014 1.6% 3.52%
2013 1.9% 1.47%
2012 2% 4.18%
2011 3.4% 2.77%
2010 3.6% 3.25%
2009 2.2% -0.16%
2008 3.3% 5.55%
2007 3% 2.82%
2006 2.4% 2.4%
2005 2.4% 3.9%
2004 2.9% 1.46%
2003 2.4% 1.03%
2002 5.2% -0.26%
2001 3.1% 5.31%
2000 0% 3.71%
1999 0.4% 3.5%
1998 20.6% 3.2%
1997 33.2% -0.006%

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/saint-lucia | CC BY

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 2.13% in Saint Lucia. In 2025, inflation was 2.2% in Albania and 2.03% in Saint Lucia.

Balance of trade

Albania Saint Lucia
Current account balance
-$161M
2025
-$166M
2025
Current account balance ranking
86/190
2025
89/190
2025
Current account balance, % of GDP
-0.53%
2025
-6.26%
2025
Goods imports
$8.52B
2025
$834M
2025
Goods exports
$1.76B
2025
$144M
2025
Service imports
$4.55B
2025
$672M
2025
Service exports
$9.66B
2025
$1.4B
2025
Imports of goods and services, % of GDP
42.5%
2025
n/a
Exports of goods and services, % of GDP
37%
2025
19%
2026

Economic freedom indices

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

Albania Saint Lucia
Economic freedom 68 67.5
Economic freedom ranking 50/197 57/197
Property rights 57.6 64.3
Government integrity 41.9 59.7
Judicial effectiveness 59.9 77.3
Tax burden 89.3 77.7
Government spending 74.3 82.6
Fiscal health 88 80
Business freedom 76.6 71.9
Labor freedom 46.2 65.2
Monetary freedom 78.6 81
Trade freedom 83 60
Investment freedom 60 50
Financial freedom 60 40

Economic freedom comparison by year

Albania
Saint Lucia
1x
Year Economic freedom index
Albania Saint Lucia
2026 68 67.5
2025 66.6 67
2024 64.8 62.2
2023 65.3 60.7
2022 66.6 64.3
2021 65.2 67.5
2020 66.9 68.2
2019 66.5 68.7
2018 64.5 67.6
2017 64.4 65
2016 65.9 70
2015 65.7 70.2
2014 66.9 70.7
2013 65.2 70.4
2012 65.1 71.3
2011 64 70.8
2010 66 70.5
2009 63.7 68.8
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/saint-lucia | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Saint Lucia
Services, % of GDP
49.7%
2025
73.8%
2025
Industry, % of GDP
21.8%
2025
10.7%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
1.66%
2025
GNI, Atlas method
$28.3B
2025
$2.42B
2025
GNI per capita, PPP
$28,170
2025
$26,180
2025
Total reserves including gold
$8.6B
2025
$447M
2025
Total reserves ranking
86/177
2025
160/177
2025
Net foreign direct investment
-$1.51B
2025
-$175M
2025
Net inflows of foreign direct investment
$1.71B
2024
$187M
2024
Net outflows of foreign direct investment
$261M
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
3.35%
2024
Poverty at national poverty lines
19.7%
2022
25%
2016
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/saint-lucia | 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 (1980–2025, 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 (1985–1989, 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.