Net incurrence of liabilities, total (current LCU) in Albania
Albania: Net incurrence of liabilities, total (current LCU) was 48.87 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Albania, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net incurrence of liabilities, total in Albania stood at 48.87 billion current LCU.
That represents a change of down 30.2% on the previous year and up 7.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Albania peaked at 161.33 billion current LCU in 2021 and was at its lowest, 13.28 billion current LCU, in 2019.
That places Albania 70th out of 136 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.
Net incurrence of liabilities, total (current LCU) in Albania, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 21.37 billion current LCU | — |
| 1996 | 35.72 billion current LCU | +67.2% |
| 1997 | 44.17 billion current LCU | +23.7% |
| 1998 | 43.30 billion current LCU | -2.0% |
| 2002 | 35.61 billion current LCU | -17.8% |
| 2003 | 28.60 billion current LCU | -19.7% |
| 2004 | 21.91 billion current LCU | -23.4% |
| 2011 | 52.46 billion current LCU | +139.4% |
| 2012 | 56.07 billion current LCU | +6.9% |
| 2013 | 79.95 billion current LCU | +42.6% |
| 2014 | 45.34 billion current LCU | -43.3% |
| 2015 | 48.28 billion current LCU | +6.5% |
| 2016 | 43.27 billion current LCU | -10.4% |
| 2017 | 44.16 billion current LCU | +2.1% |
| 2018 | 52.50 billion current LCU | +18.9% |
| 2019 | 13.28 billion current LCU | -74.7% |
| 2020 | 102.91 billion current LCU | +675.1% |
| 2021 | 161.33 billion current LCU | +56.8% |
| 2022 | 37.75 billion current LCU | -76.6% |
| 2023 | 70.03 billion current LCU | +85.5% |
| 2024 | 48.87 billion current LCU | -30.2% |
Albania compared with similar countries
- Albania's 48.87 billion current LCU is above the median for upper middle income countries, which is 48.87 billion current LCU, 1.0× the median. (47 countries reporting)
- Albania's 48.87 billion current LCU is above the median for Europe & Central Asia, which is 14.60 billion current LCU, 3.3× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) 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 |
|---|---|---|---|
| 2020 | +675.1% | 13.28 billion current LCU | 102.91 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.14 billion current LCU | 21.37 billion current LCU | 44.17 billion current LCU | 4 |
| 2000s | 28.71 billion current LCU | 21.91 billion current LCU | 35.61 billion current LCU | 3 |
| 2010s | 48.37 billion current LCU | 13.28 billion current LCU | 79.95 billion current LCU | 9 |
| 2020s | 84.18 billion current LCU | 37.75 billion current LCU | 161.33 billion current LCU | 5 |
Countries ranked near Albania
More public sector data for Albania
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 23.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is net incurrence of liabilities, total in Albania?
- Net incurrence of liabilities, total in Albania was 48.87 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Albania?
- The highest recorded value was 161.33 billion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Albania?
- The lowest recorded value was 13.28 billion current LCU in 2019.
- How does Albania rank for net incurrence of liabilities, total?
- Albania ranks 70th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Albania?
- Over the last ten years it is up 7.8%. 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.