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.

Military spending in Albania, year by year

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

Albania compared with similar countries

  • Albania's 356.40 million constant 2022 US$ is below the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 28% of the median. (49 countries reporting)
  • Albania's 356.40 million constant 2022 US$ is below the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 15% of the median. (48 countries reporting)

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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Military spending in Albania. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/albania/

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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.