Broad money in Albania
Albania: Broad money was 70.9% in 2024. ▲ Rising
Broad money in Albania, 1994–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, broad money in Albania stood at 70.9%.
Compared with earlier readings it is down 1.3% on the previous year and down 16.8% over ten years.
Over the whole period, broad money in Albania peaked at 88.0% in 2020 and was at its lowest, 39.8%, in 1994.
Albania ranks 62nd of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Broad money in Albania, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 39.8% | — |
| 1995 | 39.9% | +0.3% |
| 1996 | 45.7% | +14.6% |
| 1997 | 59.0% | +29.0% |
| 1998 | 60.9% | +3.3% |
| 1999 | 64.6% | +6.0% |
| 2000 | 63.6% | -1.6% |
| 2001 | 67.5% | +6.1% |
| 2002 | 64.4% | -4.6% |
| 2003 | 63.3% | -1.7% |
| 2004 | 66.2% | +4.5% |
| 2005 | 69.6% | +5.2% |
| 2006 | 74.2% | +6.6% |
| 2007 | 75.4% | +1.5% |
| 2008 | 73.3% | -2.7% |
| 2009 | 74.4% | +1.4% |
| 2010 | 78.0% | +4.9% |
| 2011 | 81.8% | +4.8% |
| 2012 | 84.8% | +3.7% |
| 2013 | 85.0% | +0.2% |
| 2014 | 85.2% | +0.3% |
| 2015 | 84.2% | -1.2% |
| 2016 | 84.9% | +0.9% |
| 2017 | 80.2% | -5.5% |
| 2018 | 76.1% | -5.1% |
| 2019 | 77.0% | +1.2% |
| 2020 | 88.0% | +14.2% |
| 2021 | 84.8% | -3.7% |
| 2022 | 77.2% | -8.9% |
| 2023 | 71.8% | -6.9% |
| 2024 | 70.9% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 51.7% | 39.8% | 64.6% | 6 |
| 2000s | 69.2% | 63.3% | 75.4% | 10 |
| 2010s | 81.7% | 76.1% | 85.2% | 10 |
| 2020s | 78.5% | 70.9% | 88.0% | 5 |
Countries ranked near Albania
- 59 Trinidad and Tobago 72.5% compare
- 60 Timor-Leste 71.8% compare
- 61 Djibouti 71.1% compare
- 63 Russian Federation 69.9% compare
- 64 Saint Vincent and the Grenadines 69.4% compare
- 65 Myanmar 69.2% compare
More financial sector data for Albania
- Net domestic credit (current LCU), per capita 558,173 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 49.07 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 8.89 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 4.20 million SDR (2025)
- Gold reserves at market value 382.72 million SDR (2025)
- Reserves excluding gold, foreign exchange 5.67 billion SDR (2025)
- Reserves excluding gold 5.90 billion SDR (2025)
- Total reserves (gold at market value) 6.28 billion SDR (2025)
- Total reserves (gold at national valuation) 6.27 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,667 SDR per person (2025)
Frequently asked questions
- What is broad money in Albania?
- Broad money in Albania was 70.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Albania?
- The highest recorded value was 88.0% in 2020.
- What is the lowest broad money recorded in Albania?
- The lowest recorded value was 39.8% in 1994.
- How does Albania rank for broad money?
- Albania ranks 62nd out of 167 countries with data for 2024.
- Is broad money rising or falling in Albania?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. 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.