Total debt service in Albania
Albania: Total debt service was 8.0% in 2024. ◆ Volatile
Total debt service in Albania, 1991–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, total debt service in Albania stood at 8.0%.
Compared with earlier readings it is down 6.3% on the previous year and down 54.3% over ten years.
Over the whole period, total debt service in Albania peaked at 33.5% in 2015 and was at its lowest, 2.2%, in 1992.
Albania ranks 91st of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Albania, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1991 | 4.3% | — |
| 1992 | 2.2% | -49.4% |
| 1993 | 3.2% | +46.0% |
| 1994 | 6.6% | +108.9% |
| 1995 | 2.8% | -58.2% |
| 1996 | 4.7% | +68.1% |
| 1997 | 14.8% | +216.6% |
| 1998 | 9.6% | -34.9% |
| 1999 | 5.4% | -43.8% |
| 2000 | 4.5% | -17.0% |
| 2001 | 4.8% | +7.7% |
| 2002 | 7.5% | +54.6% |
| 2003 | 5.5% | -26.2% |
| 2004 | 5.2% | -5.3% |
| 2005 | 6.2% | +19.2% |
| 2006 | 8.2% | +32.4% |
| 2007 | 6.2% | -25.0% |
| 2008 | 6.7% | +9.2% |
| 2009 | 7.1% | +5.5% |
| 2010 | 10.3% | +44.7% |
| 2011 | 11.8% | +15.1% |
| 2012 | 14.3% | +20.8% |
| 2013 | 13.5% | -5.4% |
| 2014 | 17.5% | +29.7% |
| 2015 | 33.5% | +91.2% |
| 2016 | 15.2% | -54.6% |
| 2017 | 11.1% | -26.8% |
| 2018 | 20.7% | +85.5% |
| 2019 | 11.6% | -43.9% |
| 2020 | 29.7% | +156.3% |
| 2021 | 14.6% | -51.0% |
| 2022 | 9.2% | -37.0% |
| 2023 | 8.5% | -7.0% |
| 2024 | 8.0% | -6.3% |
Albania compared with similar countries
- Albania's 8.0% is below the median for upper middle income countries, which is 14.4%, 56% of the median. (51 countries reporting)
- Albania's 8.0% is below the median for Europe & Central Asia, which is 14.0%, 57% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.9% | 2.2% | 14.8% | 9 |
| 2000s | 6.2% | 4.5% | 8.2% | 10 |
| 2010s | 16.0% | 10.3% | 33.5% | 10 |
| 2020s | 14.0% | 8.0% | 29.7% | 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 total debt service in Albania?
- Total debt service in Albania was 8.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Albania?
- The highest recorded value was 33.5% in 2015.
- What is the lowest total debt service recorded in Albania?
- The lowest recorded value was 2.2% in 1992.
- How does Albania rank for total debt service?
- Albania ranks 91st out of 120 countries with data for 2024.
- Is total debt service rising or falling in Albania?
- Over the last ten years it is down 54.3%. 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 Total debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Total debt service to exports of goods, services and primary income. Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.