Debt service (PPG and IMF only, % of exports of goods, services and) in Albania
Albania: Debt service (PPG and IMF only, % of exports of goods, services and) was 6.2% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in Albania, 1992–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
Albania recorded 6.2% for debt service (ppg and imf only, % of exports of goods, services and) in 2024.
Compared with earlier readings it is up 2.4% on the previous year and down 1.8% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Albania peaked at 17.7% in 2020 and was at its lowest, 2.0%, in 1995.
That places Albania 71st out of 118 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 (PPG and IMF only, % of exports of goods, services and) in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 2.2% | — |
| 1993 | 3.2% | +46.0% |
| 1994 | 6.6% | +108.9% |
| 1995 | 2.0% | -70.2% |
| 1996 | 4.4% | +121.0% |
| 1997 | 13.5% | +209.1% |
| 1998 | 8.4% | -38.0% |
| 1999 | 4.3% | -48.2% |
| 2000 | 4.1% | -5.6% |
| 2001 | 4.1% | +0.4% |
| 2002 | 6.5% | +57.7% |
| 2003 | 5.0% | -22.6% |
| 2004 | 4.7% | -5.8% |
| 2005 | 4.4% | -6.0% |
| 2006 | 4.4% | -1.4% |
| 2007 | 3.7% | -16.5% |
| 2008 | 3.1% | -14.0% |
| 2009 | 4.8% | +53.6% |
| 2010 | 6.8% | +41.7% |
| 2011 | 7.6% | +10.5% |
| 2012 | 8.0% | +5.4% |
| 2013 | 5.1% | -36.5% |
| 2014 | 6.3% | +25.0% |
| 2015 | 17.0% | +167.9% |
| 2016 | 7.2% | -57.3% |
| 2017 | 6.8% | -5.7% |
| 2018 | 13.1% | +92.4% |
| 2019 | 7.3% | -44.2% |
| 2020 | 17.7% | +141.5% |
| 2021 | 9.0% | -49.3% |
| 2022 | 6.1% | -32.4% |
| 2023 | 6.1% | -0.0% |
| 2024 | 6.2% | +2.4% |
Albania compared with similar countries
- Albania's 6.2% is below the median for upper middle income countries, which is 7.8%, 79% of the median. (50 countries reporting)
- Albania's 6.2% is above the median for Europe & Central Asia, which is 6.2%, 1.0× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.6% | 2.0% | 13.5% | 8 |
| 2000s | 4.5% | 3.1% | 6.5% | 10 |
| 2010s | 8.5% | 5.1% | 17.0% | 10 |
| 2020s | 9.0% | 6.1% | 17.7% | 5 |
Countries ranked near Albania
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 (ppg and imf only, % of exports of goods, services and) in Albania?
- Debt service (ppg and imf only, % of exports of goods, services and) in Albania was 6.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Albania?
- The highest recorded value was 17.7% in 2020.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Albania?
- The lowest recorded value was 2.0% in 1995.
- How does Albania rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Albania ranks 71st out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Albania?
- Over the last ten years it is down 1.8%. 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 (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.