Albania Inflation Rate 1992-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Albania inflation rate for 2022 was 6.73%, a 4.68% increase from 2021.
  • Albania inflation rate for 2021 was 2.04%, a 0.42% increase from 2020.
  • Albania inflation rate for 2020 was 1.62%, a 0.21% increase from 2019.
  • Albania inflation rate for 2019 was 1.41%, a 0.62% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 171.21%
Turkey 72.31%
Suriname 52.45%
Iran 43.49%
Bulgaria 15.33%
Belarus 15.21%
Kazakhstan 15.03%
North Macedonia 14.20%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
Dominica 7.78%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Belize 6.28%
Guyana 6.12%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Libya 4.51%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Grenada 2.58%
Maldives 2.33%
China 1.97%
Albania Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 6.73% 4.68%
2021 2.04% 0.42%
2020 1.62% 0.21%
2019 1.41% -0.62%
2018 2.03% 0.04%
2017 1.99% 0.71%
2016 1.28% -0.62%
2015 1.90% 0.27%
2014 1.63% -0.31%
2013 1.94% -0.09%
2012 2.03% -1.40%
2011 3.43% -0.20%
2010 3.63% 1.36%
2009 2.27% -1.05%
2008 3.32% 0.39%
2007 2.93% 0.56%
2006 2.37% 0.00%
2005 2.37% 0.09%
2004 2.28% 1.80%
2003 0.48% -7.29%
2002 7.77% 4.66%
2001 3.11% 3.06%
2000 0.05% -0.34%
1999 0.39% -20.25%
1998 20.64% -12.54%
1997 33.18% 20.45%
1996 12.73% 4.93%
1995 7.79% -14.77%
1994 22.57% -62.44%
1993 85.00% -141.00%
1992 226.01% -141.00%