Short-term debt in Albania
Albania: Short-term debt was 19.0% in 2024. ◆ Volatile
Short-term debt in Albania, 1993–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Albania is 19.0%, measured in 2024.
That represents a change of up 2.0% on the previous year and down 72.9% over ten years.
Over the whole period, short-term debt in Albania peaked at 346.8% in 1993 and was at its lowest, 0.1%, in 2004.
Albania ranks 71st of 112 countries on this measure, 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 total reserves | Change |
|---|---|---|
| 1993 | 346.8% | — |
| 1994 | 260.0% | -25.0% |
| 1995 | 23.5% | -91.0% |
| 1996 | 9.8% | -58.4% |
| 1997 | 14.0% | +42.9% |
| 1998 | 8.4% | -40.1% |
| 1999 | 5.6% | -33.5% |
| 2000 | 5.7% | +2.2% |
| 2001 | 4.0% | -30.0% |
| 2002 | 3.4% | -15.6% |
| 2003 | 14.4% | +329.3% |
| 2004 | 0.1% | -99.4% |
| 2005 | 10.8% | +12082.0% |
| 2006 | 21.3% | +98.0% |
| 2007 | 23.6% | +10.8% |
| 2008 | 48.6% | +105.9% |
| 2009 | 28.7% | -40.9% |
| 2010 | 29.3% | +1.8% |
| 2011 | 44.2% | +51.0% |
| 2012 | 56.5% | +28.0% |
| 2013 | 62.9% | +11.3% |
| 2014 | 70.4% | +11.9% |
| 2015 | 57.1% | -18.8% |
| 2016 | 60.1% | +5.2% |
| 2017 | 59.9% | -0.4% |
| 2018 | 23.5% | -60.8% |
| 2019 | 22.6% | -3.8% |
| 2020 | 20.0% | -11.5% |
| 2021 | 21.8% | +8.8% |
| 2022 | 24.4% | +11.9% |
| 2023 | 18.7% | -23.4% |
| 2024 | 19.0% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.4% | 5.6% | 346.8% | 7 |
| 2000s | 16.1% | 0.1% | 48.6% | 10 |
| 2010s | 48.6% | 22.6% | 70.4% | 10 |
| 2020s | 20.8% | 18.7% | 24.4% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0603 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 784.32 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 5.24 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 68,082 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0344 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 447.36 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 54,824 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 10.08 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Albania?
- Short-term debt in Albania was 19.0% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Albania?
- The highest recorded value was 346.8% in 1993.
- 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 71st out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Albania?
- Over the last ten years it is down 72.9%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.