Albania: Adjusted savings, education expenditure (current US$)

Key figures

What the numbers say

In 2021, Albania's adjusted savings, education expenditure (current US$) rose 21% on 2020 (from US$415.57 million to US$502.82 million).

Across the 30 yearly changes before that (1991 to 2020), the average change was +10.3% and a typical year strayed about 27.6% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 97.6% in 1993 and the biggest yearly fall was 46.8% in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about US$11.2 million a year. A straight line explains 48% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Albania had the 122nd highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Albania in the 2021 ranking

• Zimbabwe — 118th of 179: US$528.54 million
• Gabon — 119th of 179: US$521.8 million
• Benin — 120th of 179: US$516.23 million
• Niger — 122nd of 179: US$497.55 million
• Lebanon — 123rd of 179: US$466.87 million
• Lao PDR — 124th of 179: US$462.27 million

What this measures

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

All 38 values

Adjusted savings, education expenditure (current US$) in nearby economies

• Armenia — US$366.37 million (2021)
• Austria — US$23.49 billion (2021)
• Azerbaijan — US$2.08 billion (2021)
• Belarus — US$2.91 billion (2021)
• Belgium — US$35.63 billion (2021)
• Bulgaria — US$3.33 billion (2021)
• Croatia — US$2.53 billion (2021)
• Cyprus — US$1.39 billion (2021)
• Czechia — US$11.58 billion (2021)
• Denmark

More economic policy & debt data for Albania

• Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
• Adjusted savings, net forest depletion (current US$) — US$25.28 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$11.41 million (2021)
• Adjusted savings, energy depletion (current US$) — US$107.57 million (2021)
• Trade in services (% of GDP) — 46.51% (2025)
• Communications, computer, etc. (% of service imports, BoP) — 10.43% (2025)
• Primary income payments (BoP, current US$) — US$1.25 billion (2025)
• Imports of goods and services (current US$, BoP) — US$13.07 billion (2025)
• Insurance and financial services (% of service imports, BoP)

Reading data like this

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Questions people ask

What is Albania's adjusted savings, education expenditure (current US$)?

US$502.82 million in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1984?

It is up 865.2% from US$52.1 million in 1984 (6.32% a year on average, compounded). The highest value was US$523.88 million in 2019 and the lowest US$17.28 million in 1992.

How does Albania rank?

122nd highest of 179 economies with data for 2021.

Is the latest change in adjusted savings, education expenditure (current US$) unusual for Albania?

In 2021, Albania's adjusted savings, education expenditure (current US$) rose 21% on 2020 (from US$415.57 million to US$502.82 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +10.3% and a typical year strayed about 27.6% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.ADJ.AEDU.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Statistical Yearbook, United Nations (UN), publisher: UN Statistics Division; Online database, UN Educational, Scientific and Cultural Organization (UNESCO), publisher: UNESCO Institute for Statistics (UIS) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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