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 2020 was between 1.5 billion and 11.5 billion USD. The highest level of the last years at twelve billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 4,059 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

Back to overview: Albania

Gross debt of the last 22 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 USD11,232 USD
20012.38 bn USD777 USD11,255 USD
20022.79 bn USD913 USD12,258 USD
20033.38 bn USD1,112 USD15,286 USD
20044.13 bn USD1,364 USD17,595 USD
20054.69 bn USD1,556 USD18,327 USD
20065.04 bn USD1,685 USD18,877 USD
20075.72 bn USD1,925 USD20,898 USD
20087.10 bn USD2,410 USD24,086 USD
20097.19 bn USD2,455 USD25,361 USD
20106.88 bn USD2,363 USD26,496 USD
20117.66 bn USD2,636 USD29,231 USD
20127.65 bn USD2,639 USD28,174 USD
20138.37 bn USD2,892 USD29,981 USD
20149.26 bn USD3,206 USD30,648 USD
20158.27 bn USD2,873 USD25,918 USD
20168.59 bn USD2,985 USD26,261 USD
20179.13 bn USD3,177 USD27,024 USD
201810.25 bn USD3,577 USD28,448 USD
201910.20 bn USD3,573 USD27,168 USD
202011.52 bn USD4,059 USD30,783 USD

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

      Albania       European Union

Comparison: average incomeAverage income around the worldA comparison of the average income per capita over 67 countries worldwide
The richest countries in the worldThe richest countries in the worldThese are the 50 wealthiest countries in a global comparison: tax havens, gambling, and oil ensure prosperity.
Alliance: ASEAN - Association of Southeast Asian NationsMembers of the ASEAN - Association of Southeast Asian NationsThe 10 members of the ASEAN trade agreement, listed with area and population (8.5% of world population)