Financial system deposits to GDP in Albania
Albania: Financial system deposits to GDP was 64.3% in 2021. ▲ Rising
Financial system deposits to GDP in Albania, 1994–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Albania is 64.3%, measured in 2021.
That represents a change of down 4.9% on the previous year and down 4.4% over ten years.
Over the whole period, financial system deposits to gdp in Albania peaked at 70.4% in 2013 and was at its lowest, 24.2%, in 1994.
That places Albania 80th out of 185 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Financial system deposits to GDP in Albania, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 24.2% | — |
| 1995 | 29.6% | +21.9% |
| 1996 | 31.9% | +8.0% |
| 1997 | 38.0% | +19.0% |
| 1998 | 44.5% | +17.1% |
| 1999 | 47.7% | +7.2% |
| 2000 | 45.7% | -4.2% |
| 2001 | 48.7% | +6.6% |
| 2002 | 45.4% | -6.7% |
| 2003 | 47.0% | +3.4% |
| 2004 | 49.5% | +5.4% |
| 2005 | 52.8% | +6.7% |
| 2006 | 57.7% | +9.2% |
| 2007 | 62.4% | +8.3% |
| 2008 | 57.3% | -8.1% |
| 2009 | 57.9% | +1.0% |
| 2010 | 63.3% | +9.4% |
| 2011 | 67.3% | +6.3% |
| 2012 | 69.8% | +3.8% |
| 2013 | 70.4% | +0.8% |
| 2014 | 70.0% | -0.4% |
| 2015 | 68.6% | -2.1% |
| 2016 | 68.6% | +0.1% |
| 2017 | 64.3% | -6.3% |
| 2018 | 60.4% | -6.1% |
| 2019 | 60.7% | +0.5% |
| 2020 | 67.7% | +11.4% |
| 2021 | 64.3% | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.0% | 24.2% | 47.7% | 6 |
| 2000s | 52.4% | 45.4% | 62.4% | 10 |
| 2010s | 66.4% | 60.4% | 70.4% | 10 |
| 2020s | 66.0% | 64.3% | 67.7% | 2 |
Countries ranked near Albania
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 financial system deposits to gdp in Albania?
- Financial system deposits to gdp in Albania was 64.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Albania?
- The highest recorded value was 70.4% in 2013.
- What is the lowest financial system deposits to gdp recorded in Albania?
- The lowest recorded value was 24.2% in 1994.
- How does Albania rank for financial system deposits to gdp?
- Albania ranks 80th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Albania?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).