Oil rents as a share of GDP in Albania
Albania: Oil rents as a share of GDP was 1.0% in 2021. ◆ Volatile
Oil rents as a share of GDP in Albania, 1984–2021
Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for oil rents as a share of gdp in Albania is 1.0%, measured in 2021.
Compared with earlier readings it is up 79.0% on the previous year and down 57.5% over ten years.
Over the whole period, oil rents as a share of gdp in Albania peaked at 5.8% in 1984 and was at its lowest, 0.2%, in 1998.
Albania ranks 46th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents as a share of GDP in Albania, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 5.8% | — |
| 1985 | 5.4% | -7.6% |
| 1986 | 1.9% | -63.6% |
| 1987 | 3.1% | +59.2% |
| 1988 | 2.4% | -23.4% |
| 1989 | 3.3% | +40.7% |
| 1990 | 4.8% | +44.8% |
| 1991 | 3.6% | -25.3% |
| 1992 | 4.7% | +29.3% |
| 1993 | 2.6% | -43.4% |
| 1994 | 1.5% | -42.5% |
| 1995 | 1.2% | -23.8% |
| 1996 | 1.2% | +0.1% |
| 1997 | 1.1% | -6.2% |
| 1998 | 0.2% | -78.5% |
| 1999 | 0.5% | +111.9% |
| 2000 | 1.1% | +116.6% |
| 2001 | 0.7% | -34.7% |
| 2002 | 0.7% | -1.8% |
| 2003 | 0.7% | +0.8% |
| 2004 | 0.8% | +14.5% |
| 2005 | 1.0% | +28.7% |
| 2006 | 1.2% | +16.8% |
| 2007 | 1.2% | +4.8% |
| 2008 | 1.6% | +28.4% |
| 2009 | 0.9% | -42.4% |
| 2010 | 1.3% | +41.8% |
| 2011 | 2.5% | +87.5% |
| 2012 | 2.9% | +16.8% |
| 2013 | 3.0% | +5.8% |
| 2014 | 3.1% | +2.9% |
| 2015 | 1.5% | -53.5% |
| 2016 | 0.9% | -39.1% |
| 2017 | 1.1% | +27.3% |
| 2018 | 1.5% | +30.5% |
| 2019 | 1.4% | -3.1% |
| 2020 | 0.6% | -59.1% |
| 2021 | 1.0% | +79.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.7% | 1.9% | 5.8% | 6 |
| 1990s | 2.1% | 0.2% | 4.8% | 10 |
| 2000s | 1.0% | 0.7% | 1.6% | 10 |
| 2010s | 1.9% | 0.9% | 3.1% | 10 |
| 2020s | 0.8% | 0.6% | 1.0% | 2 |
Countries ranked near Albania
More energy & mining data for Albania
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 4.97 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 8.6% (2024)
Frequently asked questions
- What is oil rents as a share of gdp in Albania?
- Oil rents as a share of gdp in Albania was 1.0% in 2021, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
- What is the highest oil rents as a share of gdp recorded in Albania?
- The highest recorded value was 5.8% in 1984.
- What is the lowest oil rents as a share of gdp recorded in Albania?
- The lowest recorded value was 0.2% in 1998.
- How does Albania rank for oil rents as a share of gdp?
- Albania ranks 46th out of 199 countries with data for 2021.
- Is oil rents as a share of gdp rising or falling in Albania?
- Over the last ten years it is down 57.5%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Oil rents as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Economic profits generated from oil extraction, measured as the difference between production value and costs, expressed as a percentage of gross domestic product.