Debt stock of a country’s total public debt is issued at home and abroad and has not yet been repaid. Public debt may be issued domestically and held by residents (domestic debt), or held by non-residents (foreign debt).
Open Data Albania has conducted a research regarding the structure of public debt stock during 2011 focused on the level of domestic public debt and external public debt. Stock level of total public debt for 2011 is around 772 million ALL (58.76% of GDP) or 8% higher than a year ago.
Domestic Stock of Public Debt in 2011 is 439 million ALL or about 7.66% more than in 2010, while the stock of foreign public debt is 334 million ALL or 8:37% compared with a year ago. The level of domestic debt is still high and occupies about 33.36% of Gross Domestic Product (GDP) during 2011 compared with the level of foreign debt which constitutes 25.39% of GDP.
The graph below gives a clear picture of the level of domestic and foreign debt stock over the years.
Source: Ministry of Finance
Comments and Analysis: Open Data Albania (ODA)
As seen from the graph the level of foreign debt has increased significantly over the years showing that borrowing is focusing mainly on the external market.
All the information is presented in the table below:
Source: Ministry of Finance
Comments and Analysis: Open Data Albania (ODA)