Albania is currently growing very slowly, with a growth rate of just 0.34%. By 2030, Albania's population is expected to be 3.31 million according to the United Nations projections. These projections also predict a contraction of the country's population after 2032, with the population decreasing steadily until the end of the century.
Albania Population Projections
The annual growth rate of the population in Albania has been wavering between small percentages on both sides of zero since the turn of the century, gaining numbers just to lose some a few years later leading to little overall change. As of 2019, the population was close to a standstill growing at just 0.14% a year. Net migration is relatively low, yet negative, and the largest contributing factor to the low amount has been the below-average birth rate of 1.71 children being born to the average Albanian woman, a number that the Albanian death rate has recently surpassed. The birth rate has been declining steadily for a while now, and starting in 2020 the government will start offering financial incentives to parents to increase the number of babies born.
Albania Population Growth
The declining growth rate in Albania is expected to continue in the coming years, with the rate becoming negative around the year 2027 and getting down to roughly -0.66% in 2050. Over this period, it is expected that the net migration will remain negative, but steady and that the decrease in numbers will be due to the increasing gap between the low birth rate and high death rate. Current projections believe that the population of Albania will be roughly 2,942,034 in 2020, before declining to 2,933,419 in 2030, 2,833,058 by 2040, and 2,663,591 by the year 2050.