Short-term debt in Albania
Albania: Short-term debt was 11.6% in 2024. ◆ Volatile
Short-term debt in Albania, 1991–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Albania recorded 11.6% for short-term debt in 2024.
The figure is up 8.7% on the previous year and down 47.4% over ten years.
Over the whole period, short-term debt in Albania peaked at 83.1% in 1991 and was at its lowest, 0.1%, in 2004.
That places Albania 49th out of 121 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.
Short-term debt in Albania, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1991 | 83.1% | — |
| 1992 | 77.8% | -6.4% |
| 1993 | 73.5% | -5.6% |
| 1994 | 65.8% | -10.4% |
| 1995 | 13.6% | -79.4% |
| 1996 | 6.4% | -52.7% |
| 1997 | 9.2% | +43.8% |
| 1998 | 5.6% | -39.5% |
| 1999 | 3.8% | -32.8% |
| 2000 | 3.3% | -13.0% |
| 2001 | 2.7% | -18.8% |
| 2002 | 2.5% | -7.3% |
| 2003 | 9.6% | +291.8% |
| 2004 | 0.1% | -99.2% |
| 2005 | 7.3% | +9440.8% |
| 2006 | 15.3% | +110.6% |
| 2007 | 17.2% | +12.1% |
| 2008 | 27.0% | +56.9% |
| 2009 | 14.8% | -45.3% |
| 2010 | 13.7% | -7.5% |
| 2011 | 16.8% | +23.2% |
| 2012 | 19.9% | +18.2% |
| 2013 | 20.2% | +1.3% |
| 2014 | 22.0% | +9.2% |
| 2015 | 21.2% | -3.6% |
| 2016 | 22.0% | +3.4% |
| 2017 | 21.9% | -0.1% |
| 2018 | 9.5% | -56.8% |
| 2019 | 9.2% | -3.3% |
| 2020 | 9.2% | +0.3% |
| 2021 | 11.1% | +20.6% |
| 2022 | 12.3% | +11.0% |
| 2023 | 10.7% | -13.5% |
| 2024 | 11.6% | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.7% | 3.8% | 83.1% | 9 |
| 2000s | 10.0% | 0.1% | 27.0% | 10 |
| 2010s | 17.6% | 9.2% | 22.0% | 10 |
| 2020s | 11.0% | 9.2% | 12.3% | 5 |
Countries ranked near Albania
- 46 Central African Republic 12.1% compare
- 47 Paraguay 11.9% compare
- 48 Kazakhstan 11.7% compare
- 50 Peru 11.2% compare
- 51 Morocco 11.0% compare
- 52 El Salvador 10.6% 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 short-term debt in Albania?
- Short-term debt in Albania was 11.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Albania?
- The highest recorded value was 83.1% in 1991.
- What is the lowest short-term debt recorded in Albania?
- The lowest recorded value was 0.1% in 2004.
- How does Albania rank for short-term debt?
- Albania ranks 49th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Albania?
- Over the last ten years it is down 47.4%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.