household debts in Albania

Gross debt in Albania

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Albania in the period from 1998 to 2021 was between 1.5 billion and 13.4 billion USD. The highest level of the last years at 13 billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 4,751 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.

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Gross debt of the last 23 years in billion USD

YearAlbania totalAlbania per capitaEU per capita
19981.45 bn USD464 USD14,079 USD
19991.86 bn USD597 USD14,032 USD
20002.21 bn USD714 USD11,241 USD
20012.38 bn USD777 USD11,263 USD
20022.79 bn USD913 USD12,266 USD
20033.38 bn USD1,112 USD15,295 USD
20044.13 bn USD1,364 USD17,606 USD
20054.69 bn USD1,556 USD18,337 USD
20065.04 bn USD1,685 USD18,887 USD
20075.72 bn USD1,925 USD20,910 USD
20087.10 bn USD2,410 USD24,100 USD
20097.19 bn USD2,455 USD25,376 USD
20106.88 bn USD2,363 USD26,515 USD
20117.66 bn USD2,636 USD29,254 USD
20127.65 bn USD2,639 USD28,198 USD
20138.37 bn USD2,892 USD30,008 USD
20149.26 bn USD3,206 USD30,677 USD
20158.27 bn USD2,873 USD25,944 USD
20168.59 bn USD2,985 USD26,287 USD
20179.13 bn USD3,177 USD27,108 USD
201810.25 bn USD3,575 USD28,543 USD
201910.12 bn USD3,547 USD27,264 USD
202011.27 bn USD3,970 USD30,919 USD
202113.36 bn USD4,751 USD33,827 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Albania       European Union

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