External debt stocks in Albania
Albania: External debt stocks was 39.7% in 2024. ▲ Rising
External debt stocks in Albania, 1991–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, external debt stocks in Albania stood at 39.7%.
The figure is down 18.4% on the previous year and down 37.4% over ten years.
Over the whole period, external debt stocks in Albania peaked at 102.5% in 1992 and was at its lowest, 14.9%, in 1996.
That places Albania 67th out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
External debt stocks in Albania, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1991 | 47.5% | — |
| 1992 | 102.5% | +116.0% |
| 1993 | 64.5% | -37.1% |
| 1994 | 46.6% | -27.7% |
| 1995 | 15.6% | -66.6% |
| 1996 | 14.9% | -4.4% |
| 1997 | 22.1% | +48.4% |
| 1998 | 23.3% | +5.7% |
| 1999 | 23.0% | -1.4% |
| 2000 | 30.4% | +32.2% |
| 2001 | 27.6% | -9.3% |
| 2002 | 25.5% | -7.4% |
| 2003 | 26.1% | +2.0% |
| 2004 | 21.2% | -18.7% |
| 2005 | 25.3% | +19.3% |
| 2006 | 26.8% | +5.9% |
| 2007 | 26.0% | -2.8% |
| 2008 | 32.0% | +22.9% |
| 2009 | 37.9% | +18.7% |
| 2010 | 45.4% | +19.8% |
| 2011 | 50.0% | +10.0% |
| 2012 | 60.8% | +21.6% |
| 2013 | 66.4% | +9.3% |
| 2014 | 63.4% | -4.5% |
| 2015 | 72.8% | +14.7% |
| 2016 | 69.9% | -3.9% |
| 2017 | 73.7% | +5.5% |
| 2018 | 62.8% | -14.8% |
| 2019 | 60.3% | -4.0% |
| 2020 | 69.9% | +15.9% |
| 2021 | 62.2% | -11.0% |
| 2022 | 55.8% | -10.3% |
| 2023 | 48.7% | -12.7% |
| 2024 | 39.7% | -18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.0% | 14.9% | 102.5% | 9 |
| 2000s | 27.9% | 21.2% | 37.9% | 10 |
| 2010s | 62.6% | 45.4% | 73.7% | 10 |
| 2020s | 55.2% | 39.7% | 69.9% | 5 |
Countries ranked near Albania
- 64 Papua New Guinea 41.9% compare
- 65 Mauritania 41.8% compare
- 66 Honduras 41.8% compare
- 68 Türkiye 39.4% compare
- 69 Uganda 39.2% compare
- 70 Madagascar 39.2% compare
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)
- Gross capital formation (constant 2015 US$), annual growth rate 14.22 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1667 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,896 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 11.25 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4252 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 5,527 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.7 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 36.91 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Albania?
- External debt stocks in Albania was 39.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Albania?
- The highest recorded value was 102.5% in 1992.
- What is the lowest external debt stocks recorded in Albania?
- The lowest recorded value was 14.9% in 1996.
- How does Albania rank for external debt stocks?
- Albania ranks 67th out of 122 countries with data for 2024.
- Is external debt stocks rising or falling in Albania?
- Over the last ten years it is down 37.4%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.