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National Debt of Albania

1,400,083,543,856 L
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
55.32%
Latest year: 2024
Debt (nominal)
1,400,083,543,856 L
ALL / USD toggle below
GDP (nominal)
2,530,881,315,720 L
Latest year: 2024
Population
2,837,743
Latest year: 2024
Interest per Year
42,002,506,316 L
1,331 L / second
Debt per Citizen
493,379 L
Based on latest pop
Inflation (CPI, %)
2.21%
Year: 2024
GDP growth (%, real)
3.96%
Year: 2024
Unemployment (%)
10.25%
Year: 2024
Budget balance (% GDP)
-1.40%
Year: 2023

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Toggle between local currency (ALL) and USD using latest snapshot FX.

Historical Trends

Debt-to-GDP (%)

Inflation (CPI, %)

GDP growth (% real)

Unemployment (%)

Budget balance (% of GDP)

Albania Economy Snapshot

The economy of Albania shows steady performance, with a nominal GDP of 2.5 trillion L and average income of about 891,864 L per person. Low inflation at 2.21%, while the economy posted solid growth of 3.96%. Moderate unemployment around 10.25%, and the government runs a substantial 1.40% fiscal deficit. The current exchange rate is 0.01 USD/ALL.

GDP (nominal)2,530,881,315,720 L
GDP per capita891,864 L
Inflation2.21%
GDP growth3.96%
Unemployment10.25%
Budget balance-1.40%
FX (USD/ALL)0.01

Albania Economy Facts

Stacked $100 bills would reach 17 km high - halfway to the Moon.

Debt per citizen: about $5,298 for a population of 2,837,743.

Enough for 5,011,574,431 cups of coffee - a lifetime supply for every citizen.

Country Comparison

CountryDebt as % of GDPGDP (USD)
Colombia54.50%$ 418.5B
Ecuador54.67%$ 124.7B
Albania55.32%$ 27.2B
Mali55.55%$ 26.6B
Malta55.95%$ 24.3B