Monetary Sector credit to private sector in Albania
Albania: Monetary Sector credit to private sector was 31.6% in 2024. ◆ Volatile
Monetary Sector credit to private sector in Albania, 1994–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Albania is 31.6%, measured in 2024.
That represents a change of up 5.4% on the previous year and down 15.5% over ten years.
Over the whole period, monetary sector credit to private sector in Albania peaked at 39.3% in 2012 and was at its lowest, 3.1%, in 1995.
Albania ranks 111th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in Albania, year by year
| Year | % GDP | Change |
|---|---|---|
| 1994 | 4.0% | — |
| 1995 | 3.1% | -22.4% |
| 1996 | 3.3% | +3.7% |
| 1997 | 3.9% | +21.2% |
| 1998 | 3.9% | -1.5% |
| 1999 | 4.1% | +5.8% |
| 2000 | 4.8% | +16.7% |
| 2001 | 6.0% | +24.7% |
| 2002 | 6.3% | +5.2% |
| 2003 | 7.5% | +18.6% |
| 2004 | 9.4% | +26.1% |
| 2005 | 15.1% | +59.9% |
| 2006 | 21.8% | +44.5% |
| 2007 | 28.8% | +32.4% |
| 2008 | 34.4% | +19.4% |
| 2009 | 36.0% | +4.7% |
| 2010 | 37.0% | +2.7% |
| 2011 | 39.2% | +5.9% |
| 2012 | 39.3% | +0.2% |
| 2013 | 37.9% | -3.4% |
| 2014 | 37.3% | -1.6% |
| 2015 | 35.2% | -5.7% |
| 2016 | 34.3% | -2.5% |
| 2017 | 32.1% | -6.5% |
| 2018 | 30.2% | -5.8% |
| 2019 | 31.1% | +3.0% |
| 2020 | 35.0% | +12.6% |
| 2021 | 33.7% | -3.7% |
| 2022 | 31.4% | -7.0% |
| 2023 | 29.9% | -4.5% |
| 2024 | 31.6% | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.7% | 3.1% | 4.1% | 6 |
| 2000s | 17.0% | 4.8% | 36.0% | 10 |
| 2010s | 35.4% | 30.2% | 39.3% | 10 |
| 2020s | 32.3% | 29.9% | 35.0% | 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 monetary sector credit to private sector in Albania?
- Monetary sector credit to private sector in Albania was 31.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Albania?
- The highest recorded value was 39.3% in 2012.
- What is the lowest monetary sector credit to private sector recorded in Albania?
- The lowest recorded value was 3.1% in 1995.
- How does Albania rank for monetary sector credit to private sector?
- Albania ranks 111th out of 186 countries with data for 2024.
- Is monetary sector credit to private sector rising or falling in Albania?
- Over the last ten years it is down 15.5%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.