Services balance (credit less debit), Net (credits less debits) in Albania
Albania: Services balance (credit less debit), Net (credits less debits) was 4.20 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Albania, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Albania is 4.20 billion, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 15.6% on the previous year and up 892.4% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Albania peaked at 4.20 billion in 2024 and was at its lowest, -116.24 million, in 2005.
Albania ranks 33rd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -116.24 million | — |
| 2006 | 72.59 million | -162.5% |
| 2007 | 180.12 million | +148.1% |
| 2008 | 364.46 million | +102.3% |
| 2009 | 425.31 million | +16.7% |
| 2010 | 580.11 million | +36.4% |
| 2011 | 565.59 million | -2.5% |
| 2012 | 561.72 million | -0.7% |
| 2013 | 302.78 million | -46.1% |
| 2014 | 423.55 million | +39.9% |
| 2015 | 581.82 million | +37.4% |
| 2016 | 879.77 million | +51.2% |
| 2017 | 1.23 billion | +39.3% |
| 2018 | 1.31 billion | +7.0% |
| 2019 | 1.41 billion | +7.8% |
| 2020 | 1.21 billion | -14.5% |
| 2021 | 2.12 billion | +75.4% |
| 2022 | 2.51 billion | +18.2% |
| 2023 | 3.64 billion | +45.1% |
| 2024 | 4.20 billion | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 185.25 million | -116.24 million | 425.31 million | 5 |
| 2010s | 784.69 million | 302.78 million | 1.41 billion | 10 |
| 2020s | 2.74 billion | 1.21 billion | 4.20 billion | 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 services balance (credit less debit), net (credits less debits) in Albania?
- Services balance (credit less debit), net (credits less debits) in Albania was 4.20 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Albania?
- The highest recorded value was 4.20 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Albania?
- The lowest recorded value was -116.24 million in 2005.
- How does Albania rank for services balance (credit less debit), net (credits less debits)?
- Albania ranks 33rd out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Albania?
- Over the last ten years it is up 892.4%. 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 Services 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.