Taxes on income, profits and capital gains in Albania
Albania: Taxes on income, profits and capital gains was 16.0% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Albania, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on income, profits and capital gains in Albania stood at 16.0%.
Compared with earlier readings it is down 8.4% on the previous year and up 15.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Albania peaked at 18.4% in 2019 and was at its lowest, 6.5%, in 1997.
That places Albania 118th out of 153 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Taxes on income, profits and capital gains in Albania, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1995 | 8.3% | — |
| 1996 | 10.0% | +20.5% |
| 1997 | 6.5% | -35.3% |
| 1998 | 6.5% | +0.6% |
| 2002 | 13.9% | +112.8% |
| 2003 | 13.5% | -2.9% |
| 2004 | 14.8% | +10.0% |
| 2011 | 14.7% | -0.7% |
| 2012 | 14.2% | -3.6% |
| 2013 | 14.3% | +0.9% |
| 2014 | 13.8% | -3.6% |
| 2015 | 14.9% | +8.0% |
| 2016 | 11.5% | -23.0% |
| 2017 | 15.5% | +35.3% |
| 2018 | 16.7% | +7.4% |
| 2019 | 18.4% | +10.2% |
| 2020 | 15.4% | -16.4% |
| 2021 | 13.6% | -11.8% |
| 2022 | 16.8% | +24.1% |
| 2023 | 17.5% | +3.9% |
| 2024 | 16.0% | -8.4% |
Albania compared with similar countries
- Albania's 16.0% is below the median for upper middle income countries, which is 22.7%, 71% of the median. (48 countries reporting)
- Albania's 16.0% is below the median for Europe & Central Asia, which is 20.9%, 77% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains 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 |
|---|---|---|---|
| 2002 | +112.8% | 6.5% | 13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.8% | 6.5% | 10.0% | 4 |
| 2000s | 14.1% | 13.5% | 14.8% | 3 |
| 2010s | 14.9% | 11.5% | 18.4% | 9 |
| 2020s | 15.8% | 13.6% | 17.5% | 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 taxes on income, profits and capital gains in Albania?
- Taxes on income, profits and capital gains in Albania was 16.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Albania?
- The highest recorded value was 18.4% in 2019.
- What is the lowest taxes on income, profits and capital gains recorded in Albania?
- The lowest recorded value was 6.5% in 1997.
- How does Albania rank for taxes on income, profits and capital gains?
- Albania ranks 118th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Albania?
- Over the last ten years it is up 15.9%. 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 Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.