Military spending gmsd in Albania

Albania: Military spending gmsd was 356.40 million in 2023. ◆ Volatile

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

Military spending gmsd in Albania, 1914–2023

0200.0M400.0M600.0M191419682023

Source: Our World in Data.

Analysis

The most recent figure for military spending gmsd in Albania is 356.40 million, 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 gmsd in Albania peaked at 630.24 million in 1972 and was at its lowest, 15.36 million, 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.

Military spending gmsd in Albania, year by year

Annual values for Military spending gmsd in Albania, 1914 to 2023.
Year Value Change
1914 35.03 million —
1915 38.02 million +8.5%
1916 33.79 million -11.1%
1917 29.44 million -12.9%
1918 26.33 million -10.6%
1919 21.01 million -20.2%
1920 17.06 million -18.8%
1921 19.61 million +15.0%
1922 18.70 million -4.7%
1923 16.92 million -9.5%
1924 15.42 million -8.9%
1925 15.36 million -0.4%
1926 16.84 million +9.6%
1927 19.87 million +18.0%
1928 29.08 million +46.3%
1929 34.12 million +17.3%
1930 37.79 million +10.7%
1931 40.65 million +7.6%
1932 41.45 million +2.0%
1933 39.54 million -4.6%
1934 45.02 million +13.9%
1935 43.01 million -4.5%
1936 47.04 million +9.4%
1937 49.81 million +5.9%
1938 64.18 million +28.9%
1939 107.68 million +67.8%
1944 112.12 million +4.1%
1945 145.08 million +29.4%
1946 137.55 million -5.2%
1947 133.62 million -2.9%
1948 124.51 million -6.8%
1949 167.59 million +34.6%
1950 164.79 million -1.7%
1951 180.73 million +9.7%
1952 193.16 million +6.9%
1953 213.86 million +10.7%
1954 237.68 million +11.1%
1955 255.42 million +7.5%
1956 307.74 million +20.5%
1957 322.31 million +4.7%
1958 330.78 million +2.6%
1959 319.88 million -3.3%
1960 327.24 million +2.3%
1961 339.32 million +3.7%
1962 359.12 million +5.8%
1963 390.53 million +8.7%
1964 406.03 million +4.0%
1965 400.16 million -1.4%
1966 401.24 million +0.3%
1967 409.33 million +2.0%
1968 477.16 million +16.6%
1969 535.05 million +12.1%
1970 557.92 million +4.3%
1971 623.26 million +11.7%
1972 630.24 million +1.1%
1973 588.91 million -6.6%
1974 573.00 million -2.7%
1975 573.86 million +0.2%
1976 597.27 million +4.1%
1977 575.78 million -3.6%
1978 495.36 million -14.0%
1979 473.02 million -4.5%
1980 443.08 million -6.3%
1981 384.75 million -13.2%
1982 352.83 million -8.3%
1983 330.84 million -6.2%
1984 321.89 million -2.7%
1985 349.22 million +8.5%
1986 336.82 million -3.5%
1987 332.39 million -1.3%
1988 314.01 million -5.5%
1989 296.57 million -5.6%
1990 250.48 million -15.5%
1991 200.47 million -20.0%
1992 105.73 million -47.3%
1993 119.84 million +13.3%
1994 121.73 million +1.6%
1995 118.01 million -3.1%
1996 115.75 million -1.9%
1997 110.94 million -4.2%
1998 112.78 million +1.7%
1999 120.04 million +6.4%
2000 122.28 million +1.9%
2001 116.38 million -4.8%
2002 105.28 million -9.5%
2003 117.83 million +11.9%
2004 146.39 million +24.2%
2005 152.68 million +4.3%
2006 193.35 million +26.6%
2007 253.52 million +31.1%
2008 269.11 million +6.1%
2009 253.95 million -5.6%
2010 210.75 million -17.0%
2011 227.42 million +7.9%
2012 224.84 million -1.1%
2013 205.02 million -8.8%
2014 183.04 million -10.7%
2015 152.45 million -16.7%
2016 145.45 million -4.6%
2017 155.32 million +6.8%
2018 178.78 million +15.1%
2019 212.43 million +18.8%
2020 243.86 million +14.8%
2021 275.98 million +13.2%
2022 288.18 million +4.4%
2023 356.40 million +23.7%

Albania compared with similar countries

  • Albania's 356.40 million is below the median for upper middle income countries, which is 1.25 billion, 28% of the median. (49 countries reporting)
  • Albania's 356.40 million is below the median for Europe & Central Asia, which is 2.44 billion, 15% of the median. (48 countries reporting)

Averages by decade

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

Countries ranked near Albania

  1. 119 Chad 410.87 million compare
  2. 120 Mozambique 387.93 million compare
  3. 121 Congo 358.41 million compare
  4. 123 Gabon 342.88 million compare
  5. 124 Niger 341.19 million compare
  6. 125 Trinidad and Tobago 323.77 million 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 gmsd in Albania?
Military spending gmsd in Albania was 356.40 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Albania?
The highest recorded value was 630.24 million in 1972.
What is the lowest military spending gmsd recorded in Albania?
The lowest recorded value was 15.36 million in 1925.
How does Albania rank for military spending gmsd?
Albania ranks 122nd out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Albania. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/albania/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed