Albania's PPG, IBRD (DOD, current US$) was US$967.09 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 255.16% from US$272.3 million in 2014 (13.51% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$967.09 million | 2024 |
| Five years earlier | US$732.91 million | 2019 |
| Ten years earlier | US$272.3 million | 2014 |
| Highest | US$1.01 billion | 2023 |
| Lowest | US$0 | 2006 |
| Average since 2015 | US$713.97 million | 2015–2024 |
| First recorded | US$0 |
What the numbers say
In 2024, Albania's PPG, IBRD (DOD, current US$) fell US$42.64 million on 2023 (from US$1.01 billion to US$967.09 million).
Across the 17 yearly changes before that (2007 to 2023), the average change was +US$59.4 million and a typical year strayed about US$87.03 million from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$305.59 million in 2017 and the biggest yearly fall was US$42.64 million in 2024. 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$82.59 million a year. A straight line explains 89% 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 36th highest value of the 62 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$967.09 million | 2024 |
| Upper middle income | US$162.69 billion | 2024 |
Closest to Albania in the 2024 ranking
- Sri Lanka — 33rd of 62: US$1.05 billion
- Azerbaijan — 34th of 62: US$1.03 billion
- Belarus — 35th of 62: US$975.45 million
- Jamaica — 37th of 62: US$965.84 million
- Bolivia — 38th of 62: US$925.77 million
- El Salvador — 39th of 62: US$918.46 million
What this measures
Public and publicly guaranteed debt outstanding from the International Bank for Reconstruction and Development (IBRD) is nonconcessional. Nonconcessional debt excludes loans with an original grant element of 35 percent or more. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | PPG, IBRD (DOD, current US$) |
|---|---|
| 2024 | 967,091,000 |
| 2023 | 1,009,732,000 |
| 2022 | 877,122,000 |
| 2021 | 903,232,000 |
| 2020 | 845,748,000 |
| 2019 | 732,913,000 |
| 2018 | 653,274,000 |
| 2017 | 595,499,000 |
| 2016 | 289,905,000 |
| 2015 | 265,137,000 |
| 2014 |
PPG, IBRD (DOD, current US$) in nearby economies
- Armenia — US$1.07 billion (2024)
- Azerbaijan — US$1.03 billion (2024)
- Belarus — US$975.45 million (2024)
- Bosnia and Herzegovina — US$743.3 million (2024)
- Bulgaria — US$470.86 million (2022)
- Georgia — US$1.64 billion (2024)
- Kazakhstan — US$3.83 billion (2024)
- Kosovo — US$82.19 million (2024)
- Moldova — US$291.1 million (2024)
- Montenegro — US$264.05 million (2024)
- North Macedonia — US$660.64 million (2024)
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's PPG, IBRD (DOD, current US$)?
- US$967.09 million in 2024, according to the World Bank (World Development Indicators).
- How does Albania rank?
- 36th highest of 62 economies with data for 2024.
- Is the latest change in PPG, IBRD (DOD, current US$) unusual for Albania?
- In 2024, Albania's PPG, IBRD (DOD, current US$) fell US$42.64 million on 2023 (from US$1.01 billion to US$967.09 million). Across the 17 yearly changes before that (2007 to 2023), the average change was +US$59.4 million and a typical year strayed about US$87.03 million from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator DT.DOD.MIBR.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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