Albania Inflation Rate 1992-2022

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 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.
  • Albania inflation rate for 2018 was 2.03%, a 0.03% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Dominica 0.52%
Fiji 0.16%
Ecuador 0.13%
Albania Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 2.04% 0.42%
2020 1.62% 0.21%
2019 1.41% -0.62%
2018 2.03% -0.03%
2017 2.06% 2.43%
2016 -0.37% -3.87%
2015 3.50% 1.88%
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%