Debt service on external debt, total in Albania
Albania: Debt service on external debt, total was 871.91 million TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, total in Albania, 1991–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, total in Albania stood at 871.91 million TDS, current US$.
That represents a change of up 2.7% on the previous year and up 19.0% over ten years.
Over the whole period, debt service on external debt, total in Albania peaked at 1.18 billion TDS, current US$ in 2015 and was at its lowest, 2.02 million TDS, current US$, in 1992.
That places Albania 70th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Albania, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1991 | 3.57 million TDS, current US$ | — |
| 1992 | 2.02 million TDS, current US$ | -43.4% |
| 1993 | 8.07 million TDS, current US$ | +299.4% |
| 1994 | 18.28 million TDS, current US$ | +126.5% |
| 1995 | 10.42 million TDS, current US$ | -43.0% |
| 1996 | 21.28 million TDS, current US$ | +104.2% |
| 1997 | 23.72 million TDS, current US$ | +11.5% |
| 1998 | 21.43 million TDS, current US$ | -9.7% |
| 1999 | 25.62 million TDS, current US$ | +19.6% |
| 2000 | 30.02 million TDS, current US$ | +17.1% |
| 2001 | 39.59 million TDS, current US$ | +31.9% |
| 2002 | 60.80 million TDS, current US$ | +53.6% |
| 2003 | 57.28 million TDS, current US$ | -5.8% |
| 2004 | 75.73 million TDS, current US$ | +32.2% |
| 2005 | 104.83 million TDS, current US$ | +38.4% |
| 2006 | 181.13 million TDS, current US$ | +72.8% |
| 2007 | 175.63 million TDS, current US$ | -3.0% |
| 2008 | 252.90 million TDS, current US$ | +44.0% |
| 2009 | 244.20 million TDS, current US$ | -3.4% |
| 2010 | 380.62 million TDS, current US$ | +55.9% |
| 2011 | 482.51 million TDS, current US$ | +26.8% |
| 2012 | 542.55 million TDS, current US$ | +12.4% |
| 2013 | 550.46 million TDS, current US$ | +1.5% |
| 2014 | 732.82 million TDS, current US$ | +33.1% |
| 2015 | 1.18 billion TDS, current US$ | +61.0% |
| 2016 | 593.03 million TDS, current US$ | -49.7% |
| 2017 | 513.22 million TDS, current US$ | -13.5% |
| 2018 | 1.08 billion TDS, current US$ | +111.4% |
| 2019 | 613.92 million TDS, current US$ | -43.4% |
| 2020 | 1.14 billion TDS, current US$ | +86.3% |
| 2021 | 886.06 million TDS, current US$ | -22.5% |
| 2022 | 705.64 million TDS, current US$ | -20.4% |
| 2023 | 848.74 million TDS, current US$ | +20.3% |
| 2024 | 871.91 million TDS, current US$ | +2.7% |
Albania compared with similar countries
- Albania's 871.91 million TDS, current US$ is below the median for upper middle income countries, which is 2.21 billion TDS, current US$, 39% of the median. (52 countries reporting)
- Albania's 871.91 million TDS, current US$ is below the median for Europe & Central Asia, which is 3.00 billion TDS, current US$, 29% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +299.4% | 2.02 million TDS, current US$ | 8.07 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.93 million TDS, current US$ | 2.02 million TDS, current US$ | 25.62 million TDS, current US$ | 9 |
| 2000s | 122.21 million TDS, current US$ | 30.02 million TDS, current US$ | 252.90 million TDS, current US$ | 10 |
| 2010s | 667.41 million TDS, current US$ | 380.62 million TDS, current US$ | 1.18 billion TDS, current US$ | 10 |
| 2020s | 891.23 million TDS, current US$ | 705.64 million TDS, current US$ | 1.14 billion TDS, current US$ | 5 |
Countries ranked near Albania
- 67 Turkmenistan 974.10 million TDS, current US$ compare
- 68 Myanmar 953.35 million TDS, current US$ compare
- 69 Burkina Faso 884.32 million TDS, current US$ compare
- 71 Kyrgyzstan 817.34 million TDS, current US$ compare
- 72 Suriname 646.43 million TDS, current US$ compare
- 73 Guyana 599.43 million TDS, current US$ compare
More external debt data for Albania
- IFC, private nonguaranteed 22.10 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 9.3 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,160 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -41.65 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -17.52 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0015 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 3.47 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.6% (2024)
Frequently asked questions
- What is debt service on external debt, total in Albania?
- Debt service on external debt, total in Albania was 871.91 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Albania?
- The highest recorded value was 1.18 billion TDS, current US$ in 2015.
- What is the lowest debt service on external debt, total recorded in Albania?
- The lowest recorded value was 2.02 million TDS, current US$ in 1992.
- How does Albania rank for debt service on external debt, total?
- Albania ranks 70th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Albania?
- Over the last ten years it is up 19.0%. 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 Debt service on external debt, total (TDS, current US$). 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. Data are in current U.S. dollars.