Goods balance (credit less debit), Net (credits less debits) in Albania
Albania: Goods balance (credit less debit), Net (credits less debits) was -6.05 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Albania, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Albania stood at -6.05 billion. That is the lowest value across all 20 years on record.
That represents a change of down 23.2% on the previous year and down 106.5% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Albania peaked at -1.92 billion in 2005 and was at its lowest, -6.05 billion, in 2024.
That places Albania 158th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.92 billion | — |
| 2006 | -2.28 billion | +18.3% |
| 2007 | -3.06 billion | +34.4% |
| 2008 | -3.81 billion | +24.5% |
| 2009 | -3.39 billion | -11.0% |
| 2010 | -3.04 billion | -10.5% |
| 2011 | -3.50 billion | +15.2% |
| 2012 | -2.86 billion | -18.3% |
| 2013 | -2.61 billion | -8.6% |
| 2014 | -2.93 billion | +12.2% |
| 2015 | -2.55 billion | -13.1% |
| 2016 | -2.88 billion | +13.1% |
| 2017 | -3.20 billion | +11.2% |
| 2018 | -3.38 billion | +5.5% |
| 2019 | -3.52 billion | +4.0% |
| 2020 | -3.42 billion | -2.8% |
| 2021 | -4.51 billion | +32.0% |
| 2022 | -4.47 billion | -1.0% |
| 2023 | -4.91 billion | +10.0% |
| 2024 | -6.05 billion | +23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.89 billion | -3.81 billion | -1.92 billion | 5 |
| 2010s | -3.05 billion | -3.52 billion | -2.55 billion | 10 |
| 2020s | -4.67 billion | -6.05 billion | -3.42 billion | 5 |
Countries ranked near Albania
More financial sector data for Albania
- Total reserves in months of imports, annual growth rate 19.32 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 24.04 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1856 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,412 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 23.49 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,510 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 25.71 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,673 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Albania?
- Goods balance (credit less debit), net (credits less debits) in Albania was -6.05 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Albania?
- The highest recorded value was -1.92 billion in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Albania?
- The lowest recorded value was -6.05 billion in 2024.
- How does Albania rank for goods balance (credit less debit), net (credits less debits)?
- Albania ranks 158th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Albania?
- Over the last ten years it is down 106.5%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.