Financial burden of the repayment of debts from hire purchases or in Albania

Albania: Financial burden of the repayment of debts from hire purchases or was 38.6% in 2023. ▼ Falling

Latest (2023)
38.6%
Change on year
down 14.2%
World rank
4th
of 47 countries
All-time high
50.3%
in 2019
All-time low
38.6%
in 2023
Years of data
7
2017–2023

Financial burden of the repayment of debts from hire purchases or in Albania, 2017–2023

02040602017202020232017: 49.4 Percentage2018: 48 Percentage2019: 50.3 Percentage2020: 48.7 Percentage2021: 49.5 Percentage2022: 45 Percentage2023: 38.6 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

Albania recorded 38.6% for financial burden of the repayment of debts from hire purchases or in 2023. That is the lowest value across all 7 years on record.

Compared with earlier readings it is down 14.2% on the previous year and down 21.9% over ten years.

Albania ranks 4th of 47 countries on this measure, in the top 10%.

Financial burden of the repayment of debts from hire purchases or in Albania, year by year

Annual values for Financial burden of the repayment of debts from hire purchases or loans in Albania, 2017 to 2023.
Year Percentage Change
2017 49.4%
2018 48.0% -2.8%
2019 50.3% +4.8%
2020 48.7% -3.2%
2021 49.5% +1.6%
2022 45.0% -9.1%
2023 38.6% -14.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 49.2% 48.0% 50.3% 3
2020s 45.5% 38.6% 49.5% 4

Countries ranked near Albania

  1. 1 Cyprus 41.7% compare
  2. 2 Italy 40.5% compare
  3. 3 Spain 38.8% compare
  4. 5 Slovakia 37.8% compare
  5. 5 Slovakia 37.8% compare
  6. 7 Montenegro 37.0% compare

See the full ranking of 53 places →

More reference data data for Albania

All data for Albania →

Frequently asked questions

What is financial burden of the repayment of debts from hire purchases or in Albania?
Financial burden of the repayment of debts from hire purchases or in Albania was 38.6% in 2023, according to Eurostat.
What is the highest financial burden of the repayment of debts from hire purchases or recorded in Albania?
The highest recorded value was 50.3% in 2019.
What is the lowest financial burden of the repayment of debts from hire purchases or recorded in Albania?
The lowest recorded value was 38.6% in 2023.
How does Albania rank for financial burden of the repayment of debts from hire purchases or?
Albania ranks 4th out of 47 countries with data for 2023.
Is financial burden of the repayment of debts from hire purchases or rising or falling in Albania?
Over the last ten years it is down 21.9%. The long-run trend across the full record is falling.
Where does this Albania data come from?
The figures come from Eurostat, published as part of Financial burden of the repayment of debts from hire purchases or loans. Statizoid updates them automatically from the source API.

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Financial burden of the repayment of debts from hire purchases or in Albania. Statizoid, drawing on Eurostat. Retrieved 07 September 2026, from https://reference.statizoid.com/stat/financial-burden-of-the-repayment-of-debts-from-hire-purchases-or-loans/albania/

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About this data

Indicator
Financial burden of the repayment of debts from hire purchases or loans
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 983 data points, 2003–2025
Last refreshed