Total debt service in Albania
Albania: Total debt service was 3.2% in 2024. ◆ Volatile
Total debt service in Albania, 1991–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Albania is 3.2%, measured in 2024.
That represents a change of down 11.2% on the previous year and down 40.5% over ten years.
Over the whole period, total debt service in Albania peaked at 10.2% in 2015 and was at its lowest, 0.3%, in 1992.
Albania ranks 77th of 122 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.
Total debt service in Albania, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1991 | 0.3% | — |
| 1992 | 0.3% | -1.1% |
| 1993 | 0.7% | +102.1% |
| 1994 | 1.0% | +45.8% |
| 1995 | 0.4% | -63.4% |
| 1996 | 0.6% | +82.2% |
| 1997 | 1.0% | +57.3% |
| 1998 | 0.8% | -20.9% |
| 1999 | 0.8% | -4.7% |
| 2000 | 0.8% | +6.7% |
| 2001 | 0.9% | +16.3% |
| 2002 | 1.3% | +39.0% |
| 2003 | 1.0% | -26.8% |
| 2004 | 1.0% | +3.9% |
| 2005 | 1.2% | +24.6% |
| 2006 | 1.9% | +54.5% |
| 2007 | 1.5% | -20.0% |
| 2008 | 1.9% | +23.4% |
| 2009 | 2.0% | +5.9% |
| 2010 | 3.2% | +58.2% |
| 2011 | 3.7% | +16.9% |
| 2012 | 4.5% | +20.1% |
| 2013 | 4.2% | -5.3% |
| 2014 | 5.5% | +29.2% |
| 2015 | 10.2% | +86.2% |
| 2016 | 4.9% | -52.1% |
| 2017 | 3.9% | -20.7% |
| 2018 | 7.1% | +82.9% |
| 2019 | 4.0% | -43.5% |
| 2020 | 7.6% | +91.2% |
| 2021 | 5.0% | -34.7% |
| 2022 | 3.8% | -24.2% |
| 2023 | 3.7% | -3.1% |
| 2024 | 3.2% | -11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.3% | 1.0% | 9 |
| 2000s | 1.4% | 0.8% | 2.0% | 10 |
| 2010s | 5.1% | 3.2% | 10.2% | 10 |
| 2020s | 4.7% | 3.2% | 7.6% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.62 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2551 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,316 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 9.69 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 15.82 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 0.8284 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 12.84 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 166,955 current LCU per person (2025)
Frequently asked questions
- What is total debt service in Albania?
- Total debt service in Albania was 3.2% 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 10.2% in 2015.
- What is the lowest total debt service recorded in Albania?
- The lowest recorded value was 0.3% in 1992.
- How does Albania rank for total debt service?
- Albania ranks 77th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Albania?
- Over the last ten years it is down 40.5%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
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.