Military spending in Albania

Albania: Military spending was 356.40 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
356.40 million constant 2022 US$
Change on year
up 23.7%
World rank
122nd
of 172 countries
All-time high
630.24 million constant 2022 US$
in 1972
All-time low
15.36 million constant 2022 US$
in 1925
Years of data
106
1914–2023

Military spending in Albania, 1914–2023

0200.0M400.0M600.0M191419682023

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending in Albania is 356.40 million constant 2022 US$, measured in 2023.

The figure is up 23.7% on the previous year and up 73.8% over ten years.

Over the whole period, military spending in Albania peaked at 630.24 million constant 2022 US$ in 1972 and was at its lowest, 15.36 million constant 2022 US$, in 1925.

Albania ranks 122nd of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1910s 30.60 million constant 2022 US$ 21.01 million constant 2022 US$ 38.02 million constant 2022 US$ 6
1920s 20.30 million constant 2022 US$ 15.36 million constant 2022 US$ 34.12 million constant 2022 US$ 10
1930s 51.62 million constant 2022 US$ 37.79 million constant 2022 US$ 107.68 million constant 2022 US$ 10
1940s 136.75 million constant 2022 US$ 112.12 million constant 2022 US$ 167.59 million constant 2022 US$ 6
1950s 252.64 million constant 2022 US$ 164.79 million constant 2022 US$ 330.78 million constant 2022 US$ 10
1960s 404.52 million constant 2022 US$ 327.24 million constant 2022 US$ 535.05 million constant 2022 US$ 10
1970s 568.86 million constant 2022 US$ 473.02 million constant 2022 US$ 630.24 million constant 2022 US$ 10
1980s 346.24 million constant 2022 US$ 296.57 million constant 2022 US$ 443.08 million constant 2022 US$ 10
1990s 137.58 million constant 2022 US$ 105.73 million constant 2022 US$ 250.48 million constant 2022 US$ 10
2000s 173.08 million constant 2022 US$ 105.28 million constant 2022 US$ 269.11 million constant 2022 US$ 10
2010s 189.55 million constant 2022 US$ 145.45 million constant 2022 US$ 227.42 million constant 2022 US$ 10
2020s 291.11 million constant 2022 US$ 243.86 million constant 2022 US$ 356.40 million constant 2022 US$ 4

Countries ranked near Albania

  1. 119 Chad 410.87 million constant 2022 US$ compare
  2. 120 Mozambique 387.93 million constant 2022 US$ compare
  3. 121 Congo 358.41 million constant 2022 US$ compare
  4. 123 Gabon 342.88 million constant 2022 US$ compare
  5. 124 Niger 341.19 million constant 2022 US$ compare
  6. 125 Trinidad and Tobago 323.77 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Albania

All data for Albania →

Frequently asked questions

What is military spending in Albania?
Military spending in Albania was 356.40 million constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Albania?
The highest recorded value was 630.24 million constant 2022 US$ in 1972.
What is the lowest military spending recorded in Albania?
The lowest recorded value was 15.36 million constant 2022 US$ in 1925.
How does Albania rank for military spending?
Albania ranks 122nd out of 172 countries with data for 2023.
Is military spending rising or falling in Albania?
Over the last ten years it is up 73.8%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.