Goods balance (credit less debit), Net (credits less debits) (US) in Albania
Albania: Goods balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Albania compared with similar countries
- Albania's -6.05 billion is below the median for upper middle income countries, which is -778.45 million, 7.8× the median. (54 countries reporting)
- Albania's -6.05 billion is below the median for Europe & Central Asia, which is -3.17 billion, 1.9× the median. (50 countries reporting)
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
- 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 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.