Share of government expenditure going to interest payments in Albania
Albania: Share of government expenditure going to interest payments was 7.84 in 2023. ▼ Falling
Share of government expenditure going to interest payments in Albania, 1995–2023
Source: Our World in Data.
Analysis
The most recent figure for share of government expenditure going to interest payments in Albania is 7.84, measured in 2023.
That represents a change of up 14.8% on the previous year and down 40.7% over ten years.
Over the whole period, share of government expenditure going to interest payments in Albania peaked at 31.05 in 1998 and was at its lowest, 6.83, in 2022.
Albania ranks 67th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Share of government expenditure going to interest payments in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 9.2 | — |
| 1996 | 12.16 | +32.2% |
| 1997 | 22.16 | +82.2% |
| 1998 | 31.05 | +40.2% |
| 2002 | 16.33 | -47.4% |
| 2003 | 19.21 | +17.6% |
| 2004 | 16.9 | -12.0% |
| 2011 | 13.67 | -19.1% |
| 2012 | 13.46 | -1.5% |
| 2013 | 13.22 | -1.8% |
| 2014 | 11.68 | -11.7% |
| 2015 | 10.99 | -5.9% |
| 2016 | 10.26 | -6.6% |
| 2017 | 8.58 | -16.3% |
| 2018 | 9.59 | +11.7% |
| 2019 | 8.95 | -6.7% |
| 2020 | 8.4 | -6.1% |
| 2021 | 7.87 | -6.3% |
| 2022 | 6.83 | -13.2% |
| 2023 | 7.84 | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.64 | 9.2 | 31.05 | 4 |
| 2000s | 17.48 | 16.33 | 19.21 | 3 |
| 2010s | 11.16 | 8.58 | 13.67 | 9 |
| 2020s | 7.73 | 6.83 | 8.4 | 4 |
Countries ranked near Albania
More reference data data for Albania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2845 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.4183 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9734 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0261 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9734 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.954 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6439 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.6 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 4.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.142 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Albania?
- Share of government expenditure going to interest payments in Albania was 7.84 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Albania?
- The highest recorded value was 31.05 in 1998.
- What is the lowest share of government expenditure going to interest payments recorded in Albania?
- The lowest recorded value was 6.83 in 2022.
- How does Albania rank for share of government expenditure going to interest payments?
- Albania ranks 67th out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Albania?
- Over the last ten years it is down 40.7%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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