Interest payments in Albania
Albania: Interest payments was 7.4% in 2024. ◆ Volatile
Interest payments in Albania, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, interest payments in Albania stood at 7.4%.
That represents a change of up 5.3% on the previous year and down 34.2% over ten years.
Over the whole period, interest payments in Albania peaked at 36.6% in 1998 and was at its lowest, 6.5%, in 2021.
Albania ranks 72nd of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Albania, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 10.9% | — |
| 1996 | 17.9% | +63.3% |
| 1997 | 33.9% | +89.6% |
| 1998 | 36.6% | +7.9% |
| 2002 | 16.5% | -55.0% |
| 2003 | 17.9% | +8.6% |
| 2004 | 15.5% | -13.3% |
| 2011 | 13.0% | -16.2% |
| 2012 | 13.2% | +1.5% |
| 2013 | 14.0% | +6.6% |
| 2014 | 11.3% | -19.8% |
| 2015 | 10.5% | -6.6% |
| 2016 | 9.7% | -7.7% |
| 2017 | 7.7% | -20.3% |
| 2018 | 8.6% | +10.9% |
| 2019 | 8.1% | -6.0% |
| 2020 | 8.5% | +5.7% |
| 2021 | 6.5% | -23.7% |
| 2022 | 7.3% | +12.4% |
| 2023 | 7.0% | -3.7% |
| 2024 | 7.4% | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.8% | 10.9% | 36.6% | 4 |
| 2000s | 16.6% | 15.5% | 17.9% | 3 |
| 2010s | 10.7% | 7.7% | 14.0% | 9 |
| 2020s | 7.4% | 6.5% | 8.5% | 5 |
Countries ranked near Albania
More public sector data for Albania
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 225.26 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0198 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 34.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 535.47 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.5 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Albania?
- Interest payments in Albania was 7.4% 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 36.6% in 1998.
- What is the lowest interest payments recorded in Albania?
- The lowest recorded value was 6.5% in 2021.
- How does Albania rank for interest payments?
- Albania ranks 72nd out of 155 countries with data for 2024.
- Is interest payments rising or falling in Albania?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is volatile.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.