Albania's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) was US$4.03 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 42.83% from US$2.82 billion in 2014 (3.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$4.03 billion | 2024 |
| Five years earlier | US$3.82 billion | 2019 |
| Ten years earlier | US$2.82 billion | 2014 |
| Highest | US$4.03 billion | 2023 |
| Lowest | US$9.76 million | 2003 |
| Average since 2015 | US$3.51 billion | 2015–2024 |
| First recorded | US$18 million |
What the numbers say
In 2024, Albania's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) fell 0% on 2023 (from US$4.03 billion to US$4.03 billion).
Across the 25 yearly changes before that (1999 to 2023), the average change was +66.2% and a typical year strayed about 241% from that (the standard deviation). This year's change was 0.3 standard deviations below 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 1,195.5% in 2005 and the biggest yearly fall was 25% in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$168.15 million a year. A straight line explains 66% 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 2024, Albania had the 46th highest value of the 86 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.
| Value | Year | |
|---|---|---|
| Albania | US$4.03 billion | 2024 |
| Upper middle income | US$1.94 trillion | 2024 |
Closest to Albania in the 2024 ranking
- Ghana — 43rd of 86: US$4.55 billion
- Cambodia — 44th of 86: US$4.43 billion
- Papua New Guinea — 45th of 86: US$4.23 billion
- Moldova — 47th of 86: US$3.98 billion
- Uganda — 48th of 86: US$3.94 billion
- Montenegro — 49th of 86: US$3.86 billion
What this measures
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 27 values
| Year | External debt stocks, private nonguaranteed (PNG) (DOD, current US$) |
|---|---|
| 2024 | 4,029,941,000 |
| 2023 | 4,031,582,000 |
| 2022 | 3,645,505,000 |
| 2021 | 3,791,631,000 |
| 2020 | 3,990,178,000 |
| 2019 | 3,816,492,000 |
| 2018 | 3,931,727,000 |
| 2017 | 2,828,237,000 |
| 2016 | 2,498,862,000 |
| 2015 | 2,565,903,000 |
External debt stocks, private nonguaranteed (PNG) (DOD, current US$) in nearby economies
- Armenia — US$6.1 billion (2024)
- Azerbaijan — US$1.82 billion (2024)
- Belarus — US$6.63 billion (2024)
- Bosnia and Herzegovina — US$5.18 billion (2024)
- Bulgaria — US$19.39 billion (2022)
- Georgia — US$9.47 billion (2024)
- Kazakhstan — US$112.01 billion (2024)
- Kosovo — US$1.84 billion (2024)
- Kyrgyz Republic
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's external debt stocks, private nonguaranteed (PNG) (DOD, current US$)?
- US$4.03 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1998?
- It is up 22,289% from US$18 million in 1998 (23.14% a year on average, compounded). The highest value was US$4.03 billion in 2023 and the lowest US$9.76 million in 2003.
- How does Albania rank?
- 46th highest of 86 economies with data for 2024.
- Is the latest change in external debt stocks, private nonguaranteed (PNG) (DOD, current US$) unusual for Albania?
- In 2024, Albania's external debt stocks, private nonguaranteed (PNG) (DOD, current US$) fell 0% on 2023 (from US$4.03 billion to US$4.03 billion). Across the 25 yearly changes before that (1999 to 2023), the average change was +66.2% and a typical year strayed about 241% from that (the standard deviation). This year's change was 0.3 standard deviations below 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 DT.DOD.DPNG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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