Military expenditure (current USD), annual growth rate in Albania
Albania: Military expenditure (current USD), annual growth rate was 34.67 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Albania, 1993–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Albania stood at 34.67 % change on previous year.
That represents a change of down 53.1% on the previous year and up 3,391.8% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Albania peaked at 73.87 % change on previous year in 2023 and was at its lowest, -34.76 % change on previous year, in 1997.
That places Albania 17th out of 164 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Albania, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 24.49 % change on previous year | — |
| 1994 | 26.37 % change on previous year | +7.7% |
| 1995 | 2.53 % change on previous year | -90.4% |
| 1996 | -10.2 % change on previous year | -502.7% |
| 1997 | -34.76 % change on previous year | +240.6% |
| 1998 | 12.78 % change on previous year | -136.8% |
| 1999 | 27.19 % change on previous year | +112.7% |
| 2000 | 6.03 % change on previous year | -77.8% |
| 2001 | 17.35 % change on previous year | +187.9% |
| 2002 | 10.18 % change on previous year | -41.3% |
| 2003 | 29.83 % change on previous year | +193.1% |
| 2004 | 32.54 % change on previous year | +9.1% |
| 2005 | 9.13 % change on previous year | -71.9% |
| 2006 | 28 % change on previous year | +206.6% |
| 2007 | 38.2 % change on previous year | +36.4% |
| 2008 | 31.22 % change on previous year | -18.3% |
| 2009 | -28.53 % change on previous year | -191.4% |
| 2010 | 1.73 % change on previous year | -106.1% |
| 2011 | 5.98 % change on previous year | +246.2% |
| 2012 | -7.01 % change on previous year | -217.2% |
| 2013 | -1.74 % change on previous year | -75.2% |
| 2014 | -1.05 % change on previous year | -39.5% |
| 2015 | -25.7 % change on previous year | +2339.7% |
| 2016 | -1.13 % change on previous year | -95.6% |
| 2017 | 10.34 % change on previous year | -1013.5% |
| 2018 | 21.82 % change on previous year | +111.0% |
| 2019 | 12.13 % change on previous year | -44.4% |
| 2020 | -0.3194 % change on previous year | -102.6% |
| 2021 | 13.34 % change on previous year | -4275.1% |
| 2022 | 2.64 % change on previous year | -80.2% |
| 2023 | 73.87 % change on previous year | +2700.0% |
| 2024 | 34.67 % change on previous year | -53.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.92 % change on previous year | -34.76 % change on previous year | 27.19 % change on previous year | 7 |
| 2000s | 17.4 % change on previous year | -28.53 % change on previous year | 38.2 % change on previous year | 10 |
| 2010s | 1.54 % change on previous year | -25.7 % change on previous year | 21.82 % change on previous year | 10 |
| 2020s | 24.84 % change on previous year | -0.3194 % change on previous year | 73.87 % change on previous year | 5 |
Countries ranked near Albania
- 14 Netherlands 39.43 % change on previous year compare
- 15 Sweden 37.53 % change on previous year compare
- 16 Russian Federation 36.41 % change on previous year compare
- 18 Qatar 32.94 % change on previous year compare
- 19 North Macedonia 32.65 % change on previous year compare
- 20 Luxembourg 31.57 % change on previous year compare
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), 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)
- Military expenditure (current USD), per square kilometre 14,512 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Albania?
- Military expenditure (current usd), annual growth rate in Albania was 34.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Albania?
- The highest recorded value was 73.87 % change on previous year in 2023.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Albania?
- The lowest recorded value was -34.76 % change on previous year in 1997.
- How does Albania rank for military expenditure (current usd), annual growth rate?
- Albania ranks 17th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Albania?
- Over the last ten years it is up 3,391.8%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.