Financial Institutions Access Index in Albania
Albania: Financial Institutions Access Index was 0.3492 in 2020. ◆ Volatile
Financial Institutions Access Index in Albania, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Albania stood at 0.3492.
Compared with earlier readings it is up 1.5% on the previous year and down 17.5% over ten years.
Over the whole period, financial institutions access index in Albania peaked at 0.4298 in 2012 and was at its lowest, 0, in 1980.
That places Albania 88th out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions Access Index in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0.1371 | — |
| 1993 | 0.1276 | -6.9% |
| 1994 | 0.0903 | -29.2% |
| 1995 | 0.0823 | -8.8% |
| 1996 | 0.0646 | -21.5% |
| 1997 | 0.0856 | +32.5% |
| 1998 | 0.087 | +1.6% |
| 1999 | 0.0865 | -0.6% |
| 2000 | 0.0891 | +3.0% |
| 2001 | 0.1036 | +16.3% |
| 2002 | 0.1127 | +8.8% |
| 2003 | 0.1189 | +5.5% |
| 2004 | 0.1279 | +7.6% |
| 2005 | 0.173 | +35.3% |
| 2006 | 0.2175 | +25.7% |
| 2007 | 0.2957 | +36.0% |
| 2008 | 0.392 | +32.6% |
| 2009 | 0.4168 | +6.3% |
| 2010 | 0.4235 | +1.6% |
| 2011 | 0.4284 | +1.2% |
| 2012 | 0.4298 | +0.3% |
| 2013 | 0.4221 | -1.8% |
| 2014 | 0.403 | -4.5% |
| 2015 | 0.4048 | +0.4% |
| 2016 | 0.3957 | -2.2% |
| 2017 | 0.3743 | -5.4% |
| 2018 | 0.3562 | -4.8% |
| 2019 | 0.344 | -3.4% |
| 2020 | 0.3492 | +1.5% |
Albania compared with similar countries
- Albania's 0.3492 is below the median for upper middle income countries, which is 0.3583, 97% of the median. (54 countries reporting)
- Albania's 0.3492 is below the median for Europe & Central Asia, which is 0.5389, 65% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0761 | 0 | 0.1371 | 10 |
| 2000s | 0.2047 | 0.0891 | 0.4168 | 10 |
| 2010s | 0.3982 | 0.344 | 0.4298 | 10 |
| 2020s | 0.3492 | 0.3492 | 0.3492 | 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 financial institutions access index in Albania?
- Financial institutions access index in Albania was 0.3492 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Albania?
- The highest recorded value was 0.4298 in 2012.
- What is the lowest financial institutions access index recorded in Albania?
- The lowest recorded value was 0 in 1980.
- How does Albania rank for financial institutions access index?
- Albania ranks 88th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Albania?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.