Military expenditure in Albania
Albania: Military expenditure was 49.84 billion current LCU in 2024. ◆ Volatile
Military expenditure in Albania, 1975–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Albania stood at 49.84 billion current LCU. That is the highest value across all 50 years on record.
The figure is up 23.8% on the previous year and up 165.3% over ten years.
Over the whole period, military expenditure in Albania peaked at 49.84 billion current LCU in 2024 and was at its lowest, 653.00 million current LCU, in 1975.
That places Albania 85th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 790.20 million current LCU | 653.00 million current LCU | 885.00 million current LCU | 5 |
| 1980s | 959.70 million current LCU | 910.00 million current LCU | 1.01 billion current LCU | 10 |
| 1990s | 3.79 billion current LCU | 950.00 million current LCU | 5.89 billion current LCU | 10 |
| 2000s | 12.33 billion current LCU | 6.52 billion current LCU | 21.45 billion current LCU | 10 |
| 2010s | 18.76 billion current LCU | 16.25 billion current LCU | 21.67 billion current LCU | 10 |
| 2020s | 32.07 billion current LCU | 21.35 billion current LCU | 49.84 billion current LCU | 5 |
Countries ranked near Albania
More public sector data for Albania
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.0% (2024)
- Taxes on income, profits and capital gains 16.0% (2024)
- Taxes on goods and services 44.5% (2024)
- Net investment in nonfinancial assets 4.1% (2024)
- Net lending (+) / net borrowing (-) -1.0% (2024)
- Interest payments 7.4% (2024)
- Grants and other revenue 16.6% (2024)
- Interest payments 7.8% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is military expenditure in Albania?
- Military expenditure in Albania was 49.84 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Albania?
- The highest recorded value was 49.84 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Albania?
- The lowest recorded value was 653.00 million current LCU in 1975.
- How does Albania rank for military expenditure?
- Albania ranks 85th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Albania?
- Over the last ten years it is up 165.3%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)