Lending Rate, Percent per annum in Albania
Albania: Lending Rate, Percent per annum was 6.44 in 2024. ◆ Volatile
Lending Rate, Percent per annum in Albania, 1986–2024
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Albania is 6.44, measured in 2024.
The figure is up 1.4% on the previous year and down 19.2% over ten years.
Over the whole period, lending rate, percent per annum in Albania peaked at 32.71 in 1997 and was at its lowest, 1, in 1986.
That places Albania 99th out of 144 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Lending Rate, Percent per annum in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 1986 | 1 | — |
| 1987 | 1 | +0.0% |
| 1988 | 1 | +0.0% |
| 1989 | 1 | +0.0% |
| 1990 | 1 | +0.0% |
| 1991 | 1 | +0.0% |
| 1992 | 20.58 | +1958.3% |
| 1993 | 29.58 | +43.7% |
| 1994 | 23.67 | -20.0% |
| 1995 | 19.65 | -17.0% |
| 1996 | 23.96 | +21.9% |
| 1997 | 32.71 | +36.5% |
| 1999 | 21.61 | -33.9% |
| 2000 | 22.1 | +2.3% |
| 2001 | 19.65 | -11.1% |
| 2002 | 15.3 | -22.1% |
| 2003 | 14.27 | -6.8% |
| 2004 | 11.76 | -17.6% |
| 2005 | 13.07 | +11.2% |
| 2006 | 12.94 | -1.0% |
| 2007 | 14.1 | +9.0% |
| 2008 | 13.02 | -7.7% |
| 2009 | 12.66 | -2.8% |
| 2010 | 12.82 | +1.3% |
| 2011 | 12.43 | -3.0% |
| 2012 | 10.88 | -12.5% |
| 2013 | 9.83 | -9.7% |
| 2014 | 7.97 | -18.9% |
| 2015 | 7.88 | -1.2% |
| 2016 | 6.73 | -14.5% |
| 2017 | 6.22 | -7.6% |
| 2018 | 5.93 | -4.6% |
| 2019 | 6.28 | +5.8% |
| 2020 | 6.12 | -2.5% |
| 2021 | 6.02 | -1.6% |
| 2022 | 6.51 | +8.1% |
| 2023 | 6.35 | -2.4% |
| 2024 | 6.44 | +1.4% |
Albania compared with similar countries
- Albania's 6.44 is below the median for upper middle income countries, which is 8.99, 72% of the median. (46 countries reporting)
- Albania's 6.44 is below the median for Europe & Central Asia, which is 8.27, 78% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Lending Rate, Percent per annum in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1958.3% | 1 | 20.58 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1 | 1 | 1 | 4 |
| 1990s | 19.31 | 1 | 32.71 | 9 |
| 2000s | 14.89 | 11.76 | 22.1 | 10 |
| 2010s | 8.7 | 5.93 | 12.82 | 10 |
| 2020s | 6.29 | 6.02 | 6.51 | 5 |
Countries ranked near Albania
- 96 Grenada 6.86 compare
- 97 Kosovo 6.65 compare
- 98 Saint Kitts and Nevis 6.52 compare
- 100 Antigua and Barbuda 6.39 compare
- 101 Montenegro 6.32 compare
- 102 Botswana 6.26 compare
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 lending rate, percent per annum in Albania?
- Lending rate, percent per annum in Albania was 6.44 in 2024, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Albania?
- The highest recorded value was 32.71 in 1997.
- What is the lowest lending rate, percent per annum recorded in Albania?
- The lowest recorded value was 1 in 1986.
- How does Albania rank for lending rate, percent per annum?
- Albania ranks 99th out of 144 countries with data for 2024.
- Is lending rate, percent per annum rising or falling in Albania?
- Over the last ten years it is down 19.2%. 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 Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.