Albania vs Turkey: Domestic credit provided by financial sector

Albania
56.4%
in 2024
Turkey
60.2%
in 2025
Albania rank
37th
Turkey rank
35th

Domestic credit provided by financial sector over time

  • Albania
  • Turkey
020406080100200820162025

How they compare

Turkey currently reports 60.2% against 56.4% in Albania, a difference of 3.8%.

That makes Turkey's figure about 1.1 times Albania's.

The two have swapped places 3 times across 16 shared years of data; in 2009 it was Albania ahead.

Albania ranks 37th and Turkey ranks 35th of 65 countries.

Across the 3 decades both report, Albania averaged higher in 1 and Turkey in 2.

Head to head by decade

Decade Albania Turkey Difference Ahead
2000s 67.3% 60.8% 6.5% Albania
2010s 66.6% 74.5% 7.9% Turkey
2020s 60.7% 76.1% 15.4% Turkey

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit provided by financial sector, Albania or Turkey?
Turkey, at 60.2% against 56.4% in Albania as of 2025.
What is the difference in domestic credit provided by financial sector between Albania and Turkey?
3.8%, with Turkey ahead.
How many years of comparable data are there for Albania and Turkey?
16 years are reported by both, from 2009 to 2024.
How do Albania and Turkey rank globally for domestic credit provided by financial sector?
Albania ranks 37th and Turkey ranks 35th of 65 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit provided by financial sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs Turkey: Domestic credit provided by financial sector. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-provided-by-financial-sector-percent-of-gdp/albania/turkiye/

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About this data

Indicator
Domestic credit provided by financial sector (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
71 places, 1,691 data points, 1960–2025
Last refreshed

Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.