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Economy of Albania vs Tonga compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $679M for Tonga, ranking 113/197 and 191/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Albania vs Tonga GDP by year

Albania
Tonga
1x
Year GDP, current $
Albania Tonga
2025 $30,540,188,271 $679,218,219
2024 $27,037,474,263 $647,488,244
2023 $23,491,242,727 $591,139,734
2022 $19,017,247,014 $556,514,556
2021 $18,031,989,573 $519,306,339
2020 $15,241,458,745 $506,571,487
2019 $15,585,111,614 $506,031,248
2018 $15,379,508,330 $493,530,767
2017 $13,258,268,436 $459,976,847
2016 $11,988,668,785 $420,828,255
2015 $11,470,171,827 $437,525,539
2014 $13,296,322,588 $440,997,735
2013 $12,796,985,886 $451,788,498
2012 $12,246,499,748 $471,122,971
2011 $12,973,755,875 $414,143,828
2010 $12,086,545,641 $366,887,375
2009 $12,335,540,656 $312,415,028
2008 $13,258,506,375 $344,438,844
2007 $11,116,937,870 $298,519,623
2006 $9,150,528,132 $292,232,703
2005 $8,256,658,250 $261,823,805
2004 $7,406,645,793 $230,678,011
2003 $5,801,712,040 $202,246,591
2002 $4,515,003,117 $182,764,281
2001 $4,059,064,033 $181,117,230
2000 $3,584,570,165 $204,848,488
1999 $3,283,941,510 $199,208,718
1998 $2,600,356,999 $191,504,893
1997 $2,293,666,030 $214,991,452
1996 $3,234,486,232 $222,100,576
1995 $2,905,092,799 $208,871,666
1994 $1,880,950,864 $195,990,986
1993 $1,185,315,468 $138,489,884
1992 $652,174,991 $137,066,291
1991 $1,099,559,028 $132,201,141
1990 $2,028,553,750 $113,563,822
1989 $2,253,090,000 $106,344,855
1988 $2,051,236,250 $106,657,267
1987 $2,080,796,250 $81,667,133
1986 $2,097,326,250 $68,195,856
1985 $1,897,050,117 $60,058,663
1984 $1,857,337,995 $64,248,355
1983 $1,881,412,587 $60,863,964
1982 $1,861,163,170 $62,068,161
1981 $1,808,177,156 $62,242,013
1980 $1,578,102,105 $53,260,077
1979 - $44,667,002
1978 - $41,567,472
1977 - $34,139,388
1976 - $30,036,417
1975 - $32,506,742

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

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

GDP per capita in Albania vs Tonga by year

Albania
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $6,547 -
2024 $11,374 $26,702 $6,215 -
2023 $9,741 $24,822 $5,652 $7,803
2022 $7,757 $22,138 $5,298 $7,296
2021 $7,242 $18,213 $4,923 $6,929
2020 $6,028 $16,288 $4,792 $6,676
2019 $6,069 $16,442 $4,789 $6,473
2018 $5,898 $15,055 $4,675 $6,393
2017 $5,006 $14,111 $4,366 $6,229
2016 $4,458 $13,056 $3,988 $5,920
2015 $4,200 $12,387 $4,124 $5,472
2014 $4,794 $11,788 $4,137 $5,336
2013 $4,543 $10,882 $4,219 $5,120
2012 $4,281 $10,609 $4,384 $4,996
2011 $4,466 $10,273 $3,850 $4,855
2010 $4,149 $9,755 $3,416 $4,465
2009 $4,214 $9,031 $2,914 $4,384
2008 $4,499 $8,469 $3,218 $4,600
2007 $3,743 $7,585 $2,797 $4,316
2006 $3,058 $6,753 $2,750 $4,327
2005 $2,742 $6,014 $2,478 $4,315
2004 $2,447 $5,595 $2,195 $4,235
2003 $1,909 $5,169 $1,936 $4,231
2002 $1,480 $4,840 $1,759 $4,171
2001 $1,326 $4,451 $1,754 $3,955
2000 $1,160 $3,978 $1,995 $3,834
1999 $1,056 $3,549 $1,952 $3,636
1998 $831 $3,086 $1,889 $3,527
1997 $729 $2,760 $2,136 $3,434
1996 $1,021 $3,054 $2,215 $3,410
1995 $911 $2,777 $2,084 $3,347
1994 $586 $2,385 $1,957 $3,088
1993 $367 $2,143 $1,383 $2,882
1992 $200.9 $1,899 $1,370 $2,716
1991 $337 $1,989 $1,323 $2,652
1990 $617 $2,656 $1,139 $2,416
1989 $698 - $1,070 -
1988 $653 - $1,078 -
1987 $675 - $830 -
1986 $694 - $696 -
1985 $640 - $613 -
1984 $639 - $656 -
1983 $662 - $621 -
1982 $668 - $633 -
1981 $663 - $636 -
1980 $591 - $545 -
1979 - - $458 -
1978 - - $428 -
1977 - - $353 -
1976 - - $315 -
1975 - - $349 -

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

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

Albania's GDP per capita is $12,998, ranking 79/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Tonga ranks 144th at $7,803.

Economic indicators

Albania Tonga
Gross domestic product
$30.5B
2025
$679M
2025
GDP rank
113/197
2025
191/197
2025
GDP growth
3.79%
2024-2025
2.8%
2024-2025
GDP per capita
$12,998
2025
$6,547
2025
GDP per capita rank
79/197
2025
110/197
2025
GDP per capita, PPP
$26,702
2024
$7,803
2023
GDP per capita PPP rank
79/197
2024
144/197
2023
Government debt
$16.1B
2025
$186M
2025
Debt-to-GDP ratio
52.6%
2025
27.4%
2025
Government debt per person
$6,837
2025
$1,793
2025
Government debt per person rank
72/185
2025
123/185
2025
Average annual personal income after taxes
$9,481
2026
$4,104
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
22%
2021
Income share by poorest 10%
3.4%
2020
4%
2021
Government expenditure, % of GDP
30.1%
2025
46.8%
2025
Consumer prices inflation
2.2%
2024-2025
5.59%
2024-2025
Central bank interest rate
2.5%
2025
n/a
Unemployment rate
8.43%
2024
1.65%
2023
Population
2332078
103283

Spending and national debt comparison by year

Albania
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Albania Tonga
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 46.8% 27.4%
2024 28.9% 54.5% 44.3% 31.9%
2023 28.5% 58% 41.5% 37.2%
2022 30.3% 64.7% 41.3% 40.2%
2021 31.9% 74.8% 44.5% 43%
2020 32.4% 75.4% 37.1% 41.7%
2019 28.7% 66.6% 39% 41.8%
2018 28.7% 68.5% 39.3% 45.5%
2017 29.2% 71.9% 39.7% 44.7%
2016 29.1% 73.3% 37.2% 49.4%
2015 30.8% 73.7% 37.4% 51.1%
2014 31.7% 72% 31.5% 47.4%
2013 29.2% 70.4% 34.3% 48.9%
2012 28.2% 62.1% 32% 60%
2011 28.9% 59.4% 32.6% 51.9%
2010 29.4% 57.7% 28.4% 44.7%
2009 32.7% 59.7% 23.9% 39.7%
2008 31.7% 55.1% 24% 34%
2007 29.3% 53.6% 23.2% 37.8%
2006 29.2% 56.7% 25.6% 39.6%
2005 28.9% 58.2% 19.8% 43.3%
2004 30.2% 57.5% 19.3% 52.2%
2003 29.7% 60.2% 20% 56.2%
2002 31.5% 64.1% 21.3% 60.7%
2001 32.7% 60.6% 19.1% 53.4%
2000 33.8% 63.8% 20% 43.6%
1999 37.1% 68.2% 18.8% 38.4%
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/tonga | CC BY

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 27.4% in Tonga, ranking 96/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Tonga
1x
Year Deficit/surplus, % of GDP
Albania Tonga
2025 -1.75% 4.86%
2024 -0.72% 3.6%
2023 -1.32% 5.28%
2022 -3.64% -0.09%
2021 -4.57% -0.87%
2020 -6.67% 5.15%
2019 -1.84% 3.2%
2018 -1.58% 2.9%
2017 -1.41% 3.58%
2016 -1.5% 1.47%
2015 -4.32% -2.75%
2014 -5.46% 6.38%
2013 -5.22% -1.3%
2012 -3.44% -1.74%
2011 -3.52% -6.02%
2010 -3.52% -1.22%
2009 -6.59% 6.85%
2008 -4.88% 2.14%
2007 -3.18% 5.39%
2006 -3.26% 1.34%
2005 -3.46% 4.23%
2004 -5.16% 4.23%
2003 -5.01% 2.37%
2002 -6.21% 2.59%
2001 -6.84% 2.23%
2000 -7.77% 1.35%
1999 -8.84% 1.55%
1998 -9.93% -
1997 -11.9% -

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

GeoRank.org/economy/albania/tonga | 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 Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Albania recorded a fiscal deficit in 27 of those years, while Tonga ran a deficit in 7 years. On average, Albania posted an annual deficit equal to 4.14% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Albania

Tonga
1x
Year Consumer prices inflation
Albania Tonga
2025 2.2% 5.59%
2024 2.2% 3.18%
2023 4.8% 6.35%
2022 6.7% 11%
2021 2% 5.64%
2020 1.6% -0.35%
2019 1.4% 1.18%
2018 2% 5.03%
2017 2% 7.52%
2016 1.3% 2.58%
2015 1.9% -1.05%
2014 1.6% 2.51%
2013 1.9% 0.78%
2012 2% 1.15%
2011 3.4% 6.27%
2010 3.6% 3.53%
2009 2.2% 1.43%
2008 3.3% 10.4%
2007 3% 5.84%
2006 2.4% 6.15%
2005 2.4% 8.67%
2004 2.9% 11%
2003 2.4% 11.6%
2002 5.2% 10.4%
2001 3.1% 8.29%
2000 0% 6.33%
1999 0.4% 4.46%
1998 20.6% 3.27%
1997 33.2% 2.12%

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/tonga | CC BY

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 5.2% in Tonga. In 2025, inflation was 2.2% in Albania and 5.59% in Tonga.

Top exports between countries

Albania
Export category Export value
Textiles & consumer goods $6K
Tonga
Export category Export value

Balance of trade

Albania Tonga
Current account balance
-$161M
2025
-$43.5M
2024
Current account balance ranking
86/190
2025
76/190
2024
Current account balance, % of GDP
-0.53%
2025
-6.72%
2024
Goods imports
$8.52B
2025
$232M
2024
Goods exports
$1.76B
2025
$10.8M
2024
Service imports
$4.55B
2025
$161M
2024
Service exports
$9.66B
2025
$93.6M
2024
Imports of goods and services, % of GDP
42.5%
2025
60.7%
2024
Exports of goods and services, % of GDP
37%
2025
16.9%
2024

Economic freedom indices

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

Albania Tonga
Economic freedom 68 58.9
Economic freedom ranking 50/197 107/197
Property rights 57.6 71.1
Government integrity 41.9 45.1
Judicial effectiveness 59.9 64.9
Tax burden 89.3 85.6
Government spending 74.3 31
Fiscal health 88 97.3
Business freedom 76.6 59.2
Labor freedom 46.2 55.9
Monetary freedom 78.6 61
Trade freedom 83 75.4
Investment freedom 60 40
Financial freedom 60 20

Economic freedom comparison by year

Albania
Tonga
1x
Year Economic freedom index
Albania Tonga
2026 68 58.9
2025 66.6 58.5
2024 64.8 59.2
2023 65.3 60
2022 66.6 60.8
2021 65.2 57.5
2020 66.9 58.8
2019 66.5 57.7
2018 64.5 63.1
2017 64.4 63
2016 65.9 59.6
2015 65.7 59.3
2014 66.9 58.2
2013 65.2 56
2012 65.1 57
2011 64 55.8
2010 66 53.4
2009 63.7 54.1
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/tonga | CC BY

The Economic Freedom Index for Albania is 68, ranking 50/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Albania Tonga
Services, % of GDP
49.7%
2025
49.5%
2024
Industry, % of GDP
21.8%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
18.6%
2024
GNI, Atlas method
$28.3B
2025
$709M
2025
GNI per capita, PPP
$28,170
2025
$9,240
2025
Total reserves including gold
$8.6B
2025
$413M
2025
Total reserves ranking
86/177
2025
162/177
2025
Net foreign direct investment
-$1.51B
2025
$13.3M
2024
Net inflows of foreign direct investment
$1.71B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$261M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
6.33%
2024
Poverty at national poverty lines
19.7%
2022
20.6%
2021
Gross capital formation, % of GDP
25%
2024
26.4%
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/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2025, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. TradeMap (2023, 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.