Private credit by deposit money banks and other financial in Albania
Albania: Private credit by deposit money banks and other financial was 35.9% in 2021. ◆ Volatile
Private credit by deposit money banks and other financial in Albania, 1994–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Albania recorded 35.9% for private credit by deposit money banks and other financial in 2021.
That represents a change of down 5.3% on the previous year and down 12.6% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Albania peaked at 41.0% in 2011 and was at its lowest, 3.3%, in 1996.
That places Albania 112th out of 187 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in Albania, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 4.0% | — |
| 1995 | 3.8% | -7.0% |
| 1996 | 3.3% | -13.5% |
| 1997 | 3.9% | +20.5% |
| 1998 | 3.9% | -1.6% |
| 1999 | 4.1% | +6.4% |
| 2000 | 4.9% | +18.6% |
| 2001 | 6.2% | +27.3% |
| 2002 | 6.5% | +4.4% |
| 2003 | 7.7% | +18.2% |
| 2004 | 9.6% | +25.8% |
| 2005 | 15.4% | +59.6% |
| 2006 | 22.3% | +45.1% |
| 2007 | 29.9% | +34.1% |
| 2008 | 35.3% | +18.1% |
| 2009 | 38.1% | +7.8% |
| 2010 | 38.9% | +2.3% |
| 2011 | 41.0% | +5.3% |
| 2012 | 40.7% | -0.8% |
| 2013 | 39.7% | -2.5% |
| 2014 | 39.1% | -1.3% |
| 2015 | 37.0% | -5.4% |
| 2016 | 36.5% | -1.5% |
| 2017 | 34.6% | -5.0% |
| 2018 | 32.9% | -5.1% |
| 2019 | 34.0% | +3.4% |
| 2020 | 37.9% | +11.4% |
| 2021 | 35.9% | -5.3% |
Albania compared with similar countries
- Albania's 35.9% is below the median for upper middle income countries, which is 50.2%, 71% of the median. (55 countries reporting)
- Albania's 35.9% is below the median for Europe & Central Asia, which is 56.3%, 64% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.8% | 3.3% | 4.1% | 6 |
| 2000s | 17.6% | 4.9% | 38.1% | 10 |
| 2010s | 37.4% | 32.9% | 41.0% | 10 |
| 2020s | 36.9% | 35.9% | 37.9% | 2 |
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 private credit by deposit money banks and other financial in Albania?
- Private credit by deposit money banks and other financial in Albania was 35.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Albania?
- The highest recorded value was 41.0% in 2011.
- What is the lowest private credit by deposit money banks and other financial recorded in Albania?
- The lowest recorded value was 3.3% in 1996.
- How does Albania rank for private credit by deposit money banks and other financial?
- Albania ranks 112th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Albania?
- Over the last ten years it is down 12.6%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)