Expenditure on old age function by type of benefit and means-testing in Albania

Albania: Expenditure on old age function by type of benefit and means-testing was 1,309 Million euro in 2023. ▲ Rising

Latest (2023)
1,309 Million euro
Change on year
up 14.0%
World rank
35th
of 36 countries
All-time high
1,309 Million euro
in 2023
All-time low
807.98 Million euro
in 2018
Years of data
6
2018–2023

Expenditure on old age function by type of benefit and means-testing in Albania, 2018–2023

05001.0k1.5k2018202020232018: 808 Million euro2019: 876.5 Million euro2020: 889.2 Million euro2021: 1.0k Million euro2022: 1.1k Million euro2023: 1.3k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2023, expenditure on old age function by type of benefit and means-testing in Albania stood at 1,309 Million euro. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 14.0% on the previous year and up 62.0% over ten years.

Albania ranks 35th of 36 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 842.26 Million euro 807.98 Million euro 876.54 Million euro 2
2020s 1,086 Million euro 889.24 Million euro 1,309 Million euro 4

Countries ranked near Albania

  1. 32 Iceland 2,155 Million euro compare
  2. 33 Bosnia and Herzegovina 1,762 Million euro compare
  3. 34 Malta 1,333 Million euro compare
  4. 36 Montenegro 414.22 Million euro compare

See the full ranking of 45 places →

More reference data data for Albania

All data for Albania →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Albania?
Expenditure on old age function by type of benefit and means-testing in Albania was 1,309 Million euro in 2023, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Albania?
The highest recorded value was 1,309 Million euro in 2023.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Albania?
The lowest recorded value was 807.98 Million euro in 2018.
How does Albania rank for expenditure on old age function by type of benefit and means-testing?
Albania ranks 35th out of 36 countries with data for 2023.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Albania?
Over the last ten years it is up 62.0%. The long-run trend across the full record is rising.
Where does this Albania data come from?
The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.

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About this data

Indicator
Expenditure on old age function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed