economy

Central government debt

Central government debt as a share of GDP.

50%Albania · 20243.1%
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Data insight

Global perspective

The world estimate was 74.2% in 2024, up 36.7% from 2014. Across the longer period from 2004, the global estimate changed by +13.8% (+22.9%). Latest country observations range from 1.8% in United Arab Emirates (2013) to 865.9% in Sudan (1999), with the middle country observation at 51.2%; observation years may differ. Across the derived regional aggregates, North America reports 95.0%, while Asia reports 49.3%. Over roughly a decade, North America changed by +4.2%; Asia changed by +1.6%. Among countries with sufficient history, the largest absolute decade increase was +82.5% in Bahrain, while the largest decrease was -137.2% in Congo, Dem. Rep.. Coverage includes 109 countries; their latest observation years span 1990-2024, with a median latest year of 2020.

Albania over time

Albania reports 50% in 2024. From 2014 to 2024, Albania decreased by 23 percentage points (31.5%). From 1998 to 2024, Albania decreased by 4.4 percentage points (8.2%). The latest decade changed by −23 percentage points, versus +18.5 percentage points in the preceding decade, indicating a reversal in direction.

Europe and world context

This is 13 percentage points below Europe (2024). This is 24.3 percentage points below the world estimate (2024). From 2014 to 2024, Europe increased by 1 percentage points (1.7%). The latest decade changed by +1 percentage points, versus −5.2 percentage points in the preceding decade, indicating a reversal in direction.

Albania has the 58th-highest latest observation among 109 countries and 12th among 26 countries in Europe. Latest observation years span 1990-2024, so ranks are descriptive rather than perfectly synchronized.

  • Regional spread: North America is at 95.0% (2024), compared with 49.3% in Asia (2024).
  • Largest observed decade increase: Bahrain changed by +82.5%.
  • Largest observed decade decrease: Congo, Dem. Rep. changed by -137.2%.
  • Coverage: 109 countries; the median latest observation is 2020, with latest country observations spanning 1990-2024.
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Up to 40%40% to 50%50% to 65%65% to 80%Over 80%
2024
83.5%70%56.5%43%29.5%1995200020052010201420192024
Albania

Source

World Bank

Source series GC.DOD.TOTL.GD.ZS. World and continent values are derived from available countries using population-weighted averages.