Social contributions in Albania
Albania: Social contributions was 158.91 billion current LCU in 2024. ◆ Volatile
Social contributions in Albania, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, social contributions in Albania stood at 158.91 billion current LCU. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 12.0% on the previous year and up 131.5% over ten years.
Over the whole period, social contributions in Albania peaked at 158.91 billion current LCU in 2024 and was at its lowest, 7.24 billion current LCU, in 1995.
That places Albania 37th out of 112 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 |
|---|---|---|---|---|
| 1990s | 9.71 billion current LCU | 7.24 billion current LCU | 12.19 billion current LCU | 4 |
| 2000s | 28.47 billion current LCU | 24.92 billion current LCU | 32.21 billion current LCU | 3 |
| 2010s | 72.61 billion current LCU | 53.60 billion current LCU | 96.44 billion current LCU | 9 |
| 2020s | 125.13 billion current LCU | 95.68 billion current LCU | 158.91 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 social contributions in Albania?
- Social contributions in Albania was 158.91 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Albania?
- The highest recorded value was 158.91 billion current LCU in 2024.
- What is the lowest social contributions recorded in Albania?
- The lowest recorded value was 7.24 billion current LCU in 1995.
- How does Albania rank for social contributions?
- Albania ranks 37th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Albania?
- Over the last ten years it is up 131.5%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.