Secondary income balance (credit less debit), Net (credits less) in Albania
Albania: Secondary income balance (credit less debit), Net (credits less) was 1.41 billion in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Albania, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Albania is 1.41 billion, measured in 2024.
That represents a change of up 8.8% on the previous year and up 46.8% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Albania peaked at 1.43 billion in 2007 and was at its lowest, 852.21 million, in 2015.
That places Albania 60th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.29 billion | — |
| 2006 | 1.27 billion | -1.9% |
| 2007 | 1.43 billion | +12.8% |
| 2008 | 1.38 billion | -3.7% |
| 2009 | 1.31 billion | -5.1% |
| 2010 | 1.22 billion | -6.6% |
| 2011 | 1.26 billion | +3.4% |
| 2012 | 1.13 billion | -10.4% |
| 2013 | 903.50 million | -20.1% |
| 2014 | 959.28 million | +6.2% |
| 2015 | 852.21 million | -11.2% |
| 2016 | 908.02 million | +6.5% |
| 2017 | 962.37 million | +6.0% |
| 2018 | 1.07 billion | +11.2% |
| 2019 | 1.09 billion | +1.5% |
| 2020 | 1.15 billion | +5.5% |
| 2021 | 1.27 billion | +11.1% |
| 2022 | 1.17 billion | -7.8% |
| 2023 | 1.29 billion | +10.2% |
| 2024 | 1.41 billion | +8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.34 billion | 1.27 billion | 1.43 billion | 5 |
| 2010s | 1.04 billion | 852.21 million | 1.26 billion | 10 |
| 2020s | 1.26 billion | 1.15 billion | 1.41 billion | 5 |
Countries ranked near Albania
- 57 Republic of Moldova 1.58 billion compare
- 58 West Bank and Gaza 1.57 billion compare
- 59 Congo, Democratic Republic of the 1.50 billion compare
- 61 Mali 1.25 billion compare
- 62 Mozambique 1.15 billion compare
- 63 Guyana 1.15 billion compare
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 secondary income balance (credit less debit), net (credits less) in Albania?
- Secondary income balance (credit less debit), net (credits less) in Albania was 1.41 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Albania?
- The highest recorded value was 1.43 billion in 2007.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Albania?
- The lowest recorded value was 852.21 million in 2015.
- How does Albania rank for secondary income balance (credit less debit), net (credits less)?
- Albania ranks 60th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Albania?
- Over the last ten years it is up 46.8%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.