Multilateral debt service in Albania
Albania: Multilateral debt service was 64.1% in 2024. ▲ Rising
Multilateral debt service in Albania, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Albania recorded 64.1% for multilateral debt service in 2024. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 28.3% over ten years.
Over the whole period, multilateral debt service in Albania peaked at 64.1% in 2024 and was at its lowest, 0.5%, in 1993.
That places Albania 32nd out of 123 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Multilateral debt service in Albania, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1993 | 0.5% | — |
| 1994 | 1.4% | +197.8% |
| 1995 | 11.4% | +726.8% |
| 1996 | 21.0% | +84.6% |
| 1997 | 20.9% | -0.5% |
| 1998 | 17.9% | -14.7% |
| 1999 | 32.0% | +79.3% |
| 2000 | 38.5% | +20.2% |
| 2001 | 50.4% | +31.0% |
| 2002 | 36.7% | -27.1% |
| 2003 | 49.0% | +33.4% |
| 2004 | 48.2% | -1.7% |
| 2005 | 50.2% | +4.3% |
| 2006 | 45.4% | -9.6% |
| 2007 | 51.1% | +12.6% |
| 2008 | 50.6% | -1.0% |
| 2009 | 42.4% | -16.3% |
| 2010 | 28.4% | -32.8% |
| 2011 | 27.7% | -2.5% |
| 2012 | 30.7% | +10.5% |
| 2013 | 51.8% | +69.1% |
| 2014 | 50.0% | -3.6% |
| 2015 | 21.2% | -57.5% |
| 2016 | 48.6% | +128.8% |
| 2017 | 50.2% | +3.4% |
| 2018 | 27.8% | -44.7% |
| 2019 | 55.8% | +101.0% |
| 2020 | 32.8% | -41.3% |
| 2021 | 48.3% | +47.1% |
| 2022 | 60.8% | +25.9% |
| 2023 | 63.8% | +5.0% |
| 2024 | 64.1% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.0% | 0.5% | 32.0% | 7 |
| 2000s | 46.3% | 36.7% | 51.1% | 10 |
| 2010s | 39.2% | 21.2% | 55.8% | 10 |
| 2020s | 54.0% | 32.8% | 64.1% | 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 multilateral debt service in Albania?
- Multilateral debt service in Albania was 64.1% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Albania?
- The highest recorded value was 64.1% in 2024.
- What is the lowest multilateral debt service recorded in Albania?
- The lowest recorded value was 0.5% in 1993.
- How does Albania rank for multilateral debt service?
- Albania ranks 32nd out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Albania?
- Over the last ten years it is up 28.3%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.