Debt service as a proportion of exports of goods, services and in Albania
Albania: Debt service as a proportion of exports of goods, services and was 6.0% in 2023. ◆ Volatile
Latest (2023)
6.0%
Change on year
down 0.4%
World rank
78th
of 125 countries
All-time high
17.7%
in 2020
All-time low
3.1%
in 2008
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Albania, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Albania recorded 6.0% for debt service as a proportion of exports of goods, services and in 2023.
That represents a change of down 0.4% on the previous year and up 18.5% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Albania peaked at 17.7% in 2020 and was at its lowest, 3.1%, in 2008.
That places Albania 78th out of 125 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 4.1% | +0.4% |
| 2002 | 6.5% | +57.7% |
| 2003 | 5.0% | -22.6% |
| 2004 | 4.7% | -5.4% |
| 2005 | 4.4% | -6.4% |
| 2006 | 4.4% | -1.4% |
| 2007 | 3.7% | -16.6% |
| 2008 | 3.1% | -14.0% |
| 2009 | 4.8% | +53.6% |
| 2010 | 6.8% | +41.6% |
| 2011 | 7.6% | +10.5% |
| 2012 | 8.0% | +5.4% |
| 2013 | 5.1% | -36.5% |
| 2014 | 6.3% | +25.0% |
| 2015 | 17.0% | +168.0% |
| 2016 | 7.2% | -57.3% |
| 2017 | 6.8% | -5.7% |
| 2018 | 13.1% | +92.5% |
| 2019 | 7.3% | -44.2% |
| 2020 | 17.7% | +141.5% |
| 2021 | 8.9% | -49.5% |
| 2022 | 6.0% | -32.7% |
| 2023 | 6.0% | -0.4% |
Albania compared with similar countries
- Albania's 6.0% is below the median for upper middle income countries, which is 7.6%, 79% of the median. (49 countries reporting)
- Albania's 6.0% is below the median for Europe & Central Asia, which is 6.6%, 90% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 3.1% | 6.5% | 10 |
| 2010s | 8.5% | 5.1% | 17.0% | 10 |
| 2020s | 9.7% | 6.0% | 17.7% | 4 |
Countries ranked near Albania
More economy & growth data for Albania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 341.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 145.41 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0606 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 788.1 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Albania?
- Debt service as a proportion of exports of goods, services and in Albania was 6.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Albania?
- The highest recorded value was 17.7% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Albania?
- The lowest recorded value was 3.1% in 2008.
- How does Albania rank for debt service as a proportion of exports of goods, services and?
- Albania ranks 78th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Albania?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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