Social contributions in Albania
Albania: Social contributions was 21.6% in 2024. ▲ Rising
Social contributions in Albania, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in Albania stood at 21.6%.
Compared with earlier readings it is up 2.0% on the previous year and up 11.2% over ten years.
Over the whole period, social contributions in Albania peaked at 23.8% in 2020 and was at its lowest, 12.4%, in 1998.
That places Albania 42nd out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Social contributions in Albania, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 15.0% | — |
| 1996 | 20.8% | +38.4% |
| 1997 | 17.1% | -17.8% |
| 1998 | 12.4% | -27.3% |
| 2002 | 16.6% | +33.3% |
| 2003 | 16.9% | +2.3% |
| 2004 | 17.6% | +3.7% |
| 2011 | 17.0% | -3.1% |
| 2012 | 17.6% | +3.3% |
| 2013 | 18.8% | +7.1% |
| 2014 | 19.5% | +3.5% |
| 2015 | 18.9% | -2.9% |
| 2016 | 20.6% | +8.8% |
| 2017 | 20.7% | +0.9% |
| 2018 | 21.4% | +3.1% |
| 2019 | 22.2% | +3.8% |
| 2020 | 23.8% | +7.4% |
| 2021 | 19.7% | -17.4% |
| 2022 | 22.3% | +13.2% |
| 2023 | 21.2% | -4.8% |
| 2024 | 21.6% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.3% | 12.4% | 20.8% | 4 |
| 2000s | 17.0% | 16.6% | 17.6% | 3 |
| 2010s | 19.6% | 17.0% | 22.2% | 9 |
| 2020s | 21.7% | 19.7% | 23.8% | 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 social contributions in Albania?
- Social contributions in Albania was 21.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Albania?
- The highest recorded value was 23.8% in 2020.
- What is the lowest social contributions recorded in Albania?
- The lowest recorded value was 12.4% in 1998.
- How does Albania rank for social contributions?
- Albania ranks 42nd out of 112 countries with data for 2024.
- Is social contributions rising or falling in Albania?
- Over the last ten years it is up 11.2%. 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.