Macro Index Overview / Europe & Central Asia / ALB
Albania ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: ALB AL

Albania

Albania sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Europe & Central Asia Upper middle income Blocs: Other Tirane

Global Rank (2023)

#88 / 205

Top 43% of global economies

Composite Score (2023)

60.5 / 100

Living Standard (2023)

$6,204

Subscore: 53.7 / 100

CPI Inflation (2023)

4.76%

Stability Score: 91.21 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 53.7

Raw: $6,204 (2015 USD)

Price Stability (25%) 91.21

Raw: 4.76% (Anchor: 3.0%)

External Solvency (25%) 44.46

Raw: -1.66% of GDP

Economic Scale (15%) 52.04

Raw: $23.5B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Albania's global competitive ranking by accentuating its comparative strengths.

Peak Rank #59 / 205
Default Rank #88
+29 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 100%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Albania benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Albania's composite score climbs to 91.2 (compared to 60.5 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Albania's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Albania (ALB)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #88 / 205 โ€ข Composite Score: 60.5 / 100 โ€ข Living Standard: $6,204 โ€ข Inflation: 4.76%
#1#50#100#150#20019601970198019902000201020202025#88
Hover or click any node along the curve to inspect that historical year in real time
Primary: Albania Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
Albania (ALB) Active#8860.5$6,2044.76%-1.66%$23.5B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Albania

Metric:
Selected Era: 2023 ยท Click any node to select
1007550250โ€”19701970s43.019801980s37.119901990s48.720002000s50.320102010s53.620202020s60.52023Recent