Private credit by deposit money banks to GDP in Albania
Albania: Private credit by deposit money banks to GDP was 33.2% in 2021. ◆ Volatile
Private credit by deposit money banks to GDP in Albania, 1994–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Albania recorded 33.2% for private credit by deposit money banks to gdp in 2021.
The figure is down 5.6% on the previous year and down 15.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Albania peaked at 39.3% in 2011 and was at its lowest, 3.3%, in 1996.
Albania ranks 112th of 187 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.
Private credit by deposit money banks to GDP 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 | 36.8% | +4.1% |
| 2010 | 37.4% | +1.6% |
| 2011 | 39.3% | +5.2% |
| 2012 | 38.9% | -1.0% |
| 2013 | 37.9% | -2.7% |
| 2014 | 37.4% | -1.2% |
| 2015 | 35.4% | -5.5% |
| 2016 | 34.6% | -2.2% |
| 2017 | 32.6% | -5.8% |
| 2018 | 30.5% | -6.2% |
| 2019 | 31.3% | +2.6% |
| 2020 | 35.2% | +12.2% |
| 2021 | 33.2% | -5.6% |
Albania compared with similar countries
- Albania's 33.2% is below the median for upper middle income countries, which is 49.7%, 67% of the median. (55 countries reporting)
- Albania's 33.2% is below the median for Europe & Central Asia, which is 56.3%, 59% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.8% | 3.3% | 4.1% | 6 |
| 2000s | 17.5% | 4.9% | 36.8% | 10 |
| 2010s | 35.5% | 30.5% | 39.3% | 10 |
| 2020s | 34.2% | 33.2% | 35.2% | 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 to gdp in Albania?
- Private credit by deposit money banks to gdp in Albania was 33.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Albania?
- The highest recorded value was 39.3% in 2011.
- What is the lowest private credit by deposit money banks to gdp recorded in Albania?
- The lowest recorded value was 3.3% in 1996.
- How does Albania rank for private credit by deposit money banks to gdp?
- Albania ranks 112th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Albania?
- Over the last ten years it is down 15.6%. 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 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 (IFS line 22d); 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).