Interest payments in Albania
Albania: Interest payments was 54.46 billion current LCU in 2024. ▲ Rising
Interest payments in Albania, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Albania recorded 54.46 billion current LCU for interest payments in 2024. That is the highest value across all 21 years on record.
The figure is up 15.5% on the previous year and up 37.0% over ten years.
Over the whole period, interest payments in Albania peaked at 54.46 billion current LCU in 2024 and was at its lowest, 5.28 billion current LCU, in 1995.
Albania ranks 63rd of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Interest payments in Albania, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 5.28 billion current LCU | — |
| 1996 | 8.57 billion current LCU | +62.3% |
| 1997 | 18.78 billion current LCU | +119.1% |
| 1998 | 35.89 billion current LCU | +91.1% |
| 2002 | 24.76 billion current LCU | -31.0% |
| 2003 | 29.82 billion current LCU | +20.4% |
| 2004 | 28.42 billion current LCU | -4.7% |
| 2011 | 40.91 billion current LCU | +43.9% |
| 2012 | 41.28 billion current LCU | +0.9% |
| 2013 | 43.13 billion current LCU | +4.5% |
| 2014 | 39.74 billion current LCU | -7.9% |
| 2015 | 38.53 billion current LCU | -3.1% |
| 2016 | 36.20 billion current LCU | -6.0% |
| 2017 | 31.77 billion current LCU | -12.2% |
| 2018 | 36.51 billion current LCU | +14.9% |
| 2019 | 35.05 billion current LCU | -4.0% |
| 2020 | 34.22 billion current LCU | -2.4% |
| 2021 | 35.82 billion current LCU | +4.7% |
| 2022 | 39.62 billion current LCU | +10.6% |
| 2023 | 47.13 billion current LCU | +19.0% |
| 2024 | 54.46 billion current LCU | +15.5% |
Albania compared with similar countries
- Albania's 54.46 billion current LCU is above the median for upper middle income countries, which is 34.20 billion current LCU, 1.6× the median. (48 countries reporting)
- Albania's 54.46 billion current LCU is above the median for Europe & Central Asia, which is 9.50 billion current LCU, 5.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 |
|---|---|---|---|
| 1997 | +119.1% | 8.57 billion current LCU | 18.78 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.13 billion current LCU | 5.28 billion current LCU | 35.89 billion current LCU | 4 |
| 2000s | 27.67 billion current LCU | 24.76 billion current LCU | 29.82 billion current LCU | 3 |
| 2010s | 38.12 billion current LCU | 31.77 billion current LCU | 43.13 billion current LCU | 9 |
| 2020s | 42.25 billion current LCU | 34.22 billion current LCU | 54.46 billion current LCU | 5 |
Countries ranked near Albania
More public sector data for Albania
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Albania?
- Interest payments in Albania was 54.46 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Albania?
- The highest recorded value was 54.46 billion current LCU in 2024.
- What is the lowest interest payments recorded in Albania?
- The lowest recorded value was 5.28 billion current LCU in 1995.
- How does Albania rank for interest payments?
- Albania ranks 63rd out of 155 countries with data for 2024.
- Is interest payments rising or falling in Albania?
- Over the last ten years it is up 37.0%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.