Domestic credit to private sector in Albania
Albania: Domestic credit to private sector was 38.0% in 2020. ▼ Falling
Domestic credit to private sector in Albania, 2009–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Albania recorded 38.0% for domestic credit to private sector in 2020.
That represents a change of up 11.3% on the previous year and down 2.8% over ten years.
Over the whole period, domestic credit to private sector in Albania peaked at 41.2% in 2011 and was at its lowest, 33.0%, in 2018.
That places Albania 111th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Domestic credit to private sector in Albania, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | 38.2% | — |
| 2010 | 39.1% | +2.3% |
| 2011 | 41.2% | +5.3% |
| 2012 | 40.8% | -0.8% |
| 2013 | 39.8% | -2.5% |
| 2014 | 39.3% | -1.3% |
| 2015 | 37.2% | -5.4% |
| 2016 | 36.6% | -1.5% |
| 2017 | 34.8% | -5.0% |
| 2018 | 33.0% | -5.1% |
| 2019 | 34.1% | +3.5% |
| 2020 | 38.0% | +11.3% |
Albania compared with similar countries
- Albania's 38.0% is below the median for upper middle income countries, which is 52.0%, 73% of the median. (55 countries reporting)
- Albania's 38.0% is below the median for Europe & Central Asia, which is 59.9%, 63% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.2% | 38.2% | 38.2% | 1 |
| 2010s | 37.6% | 33.0% | 41.2% | 10 |
| 2020s | 38.0% | 38.0% | 38.0% | 1 |
Countries ranked near Albania
More financial sector data for Albania
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 15.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.07 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 15.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Albania?
- Domestic credit to private sector in Albania was 38.0% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Albania?
- The highest recorded value was 41.2% in 2011.
- What is the lowest domestic credit to private sector recorded in Albania?
- The lowest recorded value was 33.0% in 2018.
- How does Albania rank for domestic credit to private sector?
- Albania ranks 111th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Albania?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.