Albania Inflation Rate 1992-2021

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 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.
  • Albania inflation rate for 2017 was 2.06%, a 2.43% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 84.86%
Turkey 12.28%
Kazakhstan 6.75%
Belarus 5.55%
Jamaica 5.23%
Equatorial Guinea 4.77%
Dominican Republic 3.78%
Mexico 3.40%
Russia 3.38%
South Africa 3.22%
Guatemala 3.21%
Brazil 3.21%
Azerbaijan 2.76%
Romania 2.63%
Mauritius 2.58%
Colombia 2.52%
China 2.42%
Algeria 2.42%
Namibia 2.21%
Botswana 1.89%
Peru 1.83%
Paraguay 1.77%
Bulgaria 1.67%
Albania 1.62%
Serbia 1.58%
Gabon 1.37%
Armenia 1.21%
North Macedonia 1.20%
Costa Rica 0.72%
Jordan 0.33%
Montenegro -0.26%
Ecuador -0.34%
Thailand -0.85%
Bosnia -1.05%
Malaysia -1.14%
Maldives -1.37%
Samoa -1.57%
Albania Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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% 7.73%
2010 -4.30% -6.53%
2009 2.23% -1.13%
2008 3.36% 0.43%
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%