Cost of public debt in the period 1993-2011

Cost of debt is the amount of interest paid to obtain a loan. In circumstances where the revenues are not sufficient to cover the total expenditures of a budget state is a normal process of financing the deficit by using debt. Depending on the type of debt (internal or external) is made even the separation of interests in internal or external.

^{Source: Ministry of Finance
Data for 1993-2010 are facts figures
Data for the 2011 are forecasts taken from the consolidated budget of this year
Comments and Analysis: Open Data Albania (ODA)}

The amount of interest payable relies on the debt stock and interest rate. As can be seen from the chart, since 1996, the cost of debt began to grow very fast and in 1998 its level was 10 times higher than in 1993-n. In 2001 and 2002 reached the lowest level, while from 2008 the amount of interest paid was a considerable part of the total expenditures of the state budget. Interest paid achieved round 8% -10% of total expenditures. In their growth has significantly influenced the commercial loan taken to finance the project of” Rreshen-Kalimash Road”, which continues to give impact even on the cost of 2011, which is the highest level ever achieved

^{Source: Ministry of Finance
Data for 1993-2010 are facts figures
Data for the 2011 are forecasts taken from the consolidated budget of this year
Comments and Analysis: Open Data Albania (ODA)}

All the information is presented in the dynamic table below:

^{Source: Ministry of Finance
Data for 1993-2010 are facts figures
Data for the 2011 are forecasts taken from the consolidated budget of this year
Comments and Analysis: Open Data Albania (ODA)}