Interest rate spread in Albania
Albania: Interest rate spread was 4.6% in 2024. ▼ Falling
Interest rate spread in Albania, 1992–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Albania recorded 4.6% for interest rate spread in 2024.
That represents a change of down 8.5% on the previous year and down 24.4% over ten years.
Over the whole period, interest rate spread in Albania peaked at 13.8% in 2000 and was at its lowest, 2.1%, in 1992.
Albania ranks 81st of 141 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Interest rate spread in Albania, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1992 | 2.1% | — |
| 1993 | 2.2% | +8.0% |
| 1994 | 3.8% | +70.4% |
| 1995 | 4.3% | +13.5% |
| 1996 | 7.2% | +64.9% |
| 1997 | 5.4% | -24.3% |
| 1999 | 8.7% | +59.6% |
| 2000 | 13.8% | +59.2% |
| 2001 | 11.9% | -13.6% |
| 2002 | 6.8% | -43.3% |
| 2003 | 5.9% | -12.9% |
| 2004 | 5.2% | -12.6% |
| 2005 | 8.0% | +55.0% |
| 2006 | 7.7% | -3.4% |
| 2007 | 8.4% | +9.4% |
| 2008 | 6.2% | -26.3% |
| 2009 | 5.9% | -5.3% |
| 2010 | 6.4% | +8.8% |
| 2011 | 6.6% | +2.6% |
| 2012 | 5.5% | -17.0% |
| 2013 | 5.7% | +3.8% |
| 2014 | 6.1% | +7.0% |
| 2015 | 6.5% | +7.0% |
| 2016 | 5.9% | -9.0% |
| 2017 | 5.5% | -7.6% |
| 2018 | 5.2% | -5.0% |
| 2019 | 5.8% | +11.6% |
| 2020 | 5.7% | -1.3% |
| 2021 | 5.5% | -2.8% |
| 2022 | 5.8% | +4.2% |
| 2023 | 5.0% | -13.4% |
| 2024 | 4.6% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.8% | 2.1% | 8.7% | 7 |
| 2000s | 8.0% | 5.2% | 13.8% | 10 |
| 2010s | 5.9% | 5.2% | 6.6% | 10 |
| 2020s | 5.3% | 4.6% | 5.8% | 5 |
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 interest rate spread in Albania?
- Interest rate spread in Albania was 4.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Albania?
- The highest recorded value was 13.8% in 2000.
- What is the lowest interest rate spread recorded in Albania?
- The lowest recorded value was 2.1% in 1992.
- How does Albania rank for interest rate spread?
- Albania ranks 81st out of 141 countries with data for 2024.
- Is interest rate spread rising or falling in Albania?
- Over the last ten years it is down 24.4%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.