Short-term debt in Albania
Albania: Short-term debt was 11.4% in 2024. ◆ Volatile
Short-term debt in Albania, 1991–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Albania recorded 11.4% for short-term debt in 2024.
That represents a change of down 7.1% on the previous year and down 74.6% over ten years.
Over the whole period, short-term debt in Albania peaked at 530.1% in 1992 and was at its lowest, 0.1%, in 2004.
That places Albania 65th out of 119 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Albania, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1991 | 512.4% | — |
| 1992 | 530.1% | +3.5% |
| 1993 | 227.2% | -57.1% |
| 1994 | 211.0% | -7.1% |
| 1995 | 16.6% | -92.1% |
| 1996 | 6.9% | -58.3% |
| 1997 | 29.7% | +329.6% |
| 1998 | 15.6% | -47.4% |
| 1999 | 6.1% | -60.9% |
| 2000 | 5.5% | -10.5% |
| 2001 | 3.7% | -31.8% |
| 2002 | 3.6% | -4.5% |
| 2003 | 14.3% | +302.8% |
| 2004 | 0.1% | -99.4% |
| 2005 | 9.2% | +10784.2% |
| 2006 | 17.6% | +91.1% |
| 2007 | 17.9% | +2.2% |
| 2008 | 30.6% | +70.7% |
| 2009 | 19.8% | -35.4% |
| 2010 | 20.1% | +1.4% |
| 2011 | 26.8% | +33.4% |
| 2012 | 38.7% | +44.6% |
| 2013 | 42.8% | +10.7% |
| 2014 | 44.9% | +4.7% |
| 2015 | 51.0% | +13.5% |
| 2016 | 48.0% | -5.7% |
| 2017 | 46.7% | -2.8% |
| 2018 | 17.4% | -62.6% |
| 2019 | 16.1% | -7.8% |
| 2020 | 25.1% | +55.9% |
| 2021 | 20.2% | -19.3% |
| 2022 | 16.8% | -16.8% |
| 2023 | 12.3% | -27.1% |
| 2024 | 11.4% | -7.1% |
Albania compared with similar countries
- Albania's 11.4% is below the median for upper middle income countries, which is 17.7%, 65% of the median. (51 countries reporting)
- Albania's 11.4% is below the median for Europe & Central Asia, which is 18.6%, 61% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Short-term debt in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +10784.2% | 0.1% | 9.2% |
| 1997 | +329.6% | 6.9% | 29.7% |
| 2003 | +302.8% | 3.6% | 14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 172.9% | 6.1% | 530.1% | 9 |
| 2000s | 12.2% | 0.1% | 30.6% | 10 |
| 2010s | 35.2% | 16.1% | 51.0% | 10 |
| 2020s | 17.2% | 11.4% | 25.1% | 5 |
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 short-term debt in Albania?
- Short-term debt in Albania was 11.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Albania?
- The highest recorded value was 530.1% in 1992.
- What is the lowest short-term debt recorded in Albania?
- The lowest recorded value was 0.1% in 2004.
- How does Albania rank for short-term debt?
- Albania ranks 65th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Albania?
- Over the last ten years it is down 74.6%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.