Albania's adjusted savings, mineral depletion (current US$) was US$11.41 million in 2021, the latest year in the World Bank's World Development Indicators. That is down 19.78% from US$14.23 million in 2011 (2.18% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$11.41 million | 2021 |
| Five years earlier | US$153,024 | 2016 |
| Ten years earlier | US$14.23 million | 2011 |
| Highest | US$38.6 million | 1989 |
| Lowest | US$0 | 2000 |
| Average since 2012 | US$4.78 million | 2012–2021 |
| First recorded | US$4.98 million |
What the numbers say
In 2021, Albania's adjusted savings, mineral depletion (current US$) rose US$9.37 million on 2020 (from US$2.04 million to US$11.41 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was −US$455,590 and a typical year strayed about US$7.14 million from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$27.56 million in 1988 and the biggest yearly fall was US$24.25 million in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 5% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Albania had the 79th highest value of the 216 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Albania in the 2021 ranking
- Kosovo — 76th of 216: US$28.35 million
- Mozambique — 77th of 216: US$17.18 million
- Central African Republic — 78th of 216: US$14.98 million
- Slovak Republic — 80th of 216: US$10.61 million
- Bosnia and Herzegovina — 81st of 216: US$7.31 million
- South Sudan — 82nd of 216: US$7.23 million
What this measures
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, mineral depletion (current US$) |
|---|---|
| 2021 | 11,411,821 |
| 2020 | 2,037,721 |
| 2019 | 2,583,454 |
| 2018 | 2,855,307 |
| 2017 | 0 |
| 2016 | 153,024 |
| 2015 | 3,903,047 |
| 2014 | 8,034,532 |
| 2013 | 6,950,486 |
| 2012 | 9,841,061 |
| 2011 |
Adjusted savings, mineral depletion (current US$) in nearby economies
- Andorra — US$0 (2021)
- Armenia — US$448.08 million (2021)
- Austria — US$0 (2021)
- Azerbaijan — US$138.93 million (2021)
- Belarus — US$0 (2021)
- Belgium — US$0 (2021)
- Bosnia and Herzegovina — US$7.31 million (2021)
- Bulgaria — US$387.76 million (2021)
- Channel Islands — US$0 (2021)
- Croatia
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — US$25.28 million (2021)
- Adjusted savings, energy depletion (current US$) — US$107.57 million (2021)
- Trade in services (% of GDP) — 46.51% (2025)
- Communications, computer, etc. (% of service imports, BoP) — 10.43% (2025)
- Primary income payments (BoP, current US$) — US$1.25 billion (2025)
- Imports of goods and services (current US$, BoP) — US$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP) — 3.24% (2025)
- Goods imports (current US$, BoP) — US$8.52 billion (2025)
Reading data like this
Questions people ask
- What is Albania's adjusted savings, mineral depletion (current US$)?
- US$11.41 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 129.18% from US$4.98 million in 1970 (1.64% a year on average, compounded). The highest value was US$38.6 million in 1989 and the lowest US$0 in 2000.
- How does Albania rank?
- 79th highest of 216 economies with data for 2021.
- Is the latest change in adjusted savings, mineral depletion (current US$) unusual for Albania?
- In 2021, Albania's adjusted savings, mineral depletion (current US$) rose US$9.37 million on 2020 (from US$2.04 million to US$11.41 million). Across the 30 yearly changes before that (1991 to 2020), the average change was −US$455,590 and a typical year strayed about US$7.14 million from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DMIN.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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