Albania's broad money (current LCU) was 1.79 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 49.38% from 1.2 trillion in 2014 (4.09% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.79 trillion | 2024 |
| Five years earlier | 1.32 trillion | 2019 |
| Ten years earlier | 1.2 trillion | 2014 |
| Highest | 1.79 trillion | 2024 |
| Lowest | 70.77 billion | 1994 |
| Average since 2015 | 1.45 trillion | 2015–2024 |
| First recorded | 70.77 billion |
What the numbers say
In 2024, Albania's broad money (current LCU) rose 5.1% on 2023 (from 1.7 trillion to 1.79 trillion).
Across the 29 yearly changes before that (1995 to 2023), the average change was +12.2% and a typical year strayed about 12.2% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 51.8% in 1995 and the biggest yearly fall was 0.2% in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 68 billion a year. A straight line explains 93% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Albania had the 20th highest value of the 32 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 2024 ranking
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 31 values
| Year | Broad money (current LCU) |
|---|---|
| 2024 | 1,785,250,000,000 |
| 2023 | 1,698,230,000,000 |
| 2022 | 1,659,293,467,665 |
| 2021 | 1,582,310,000,000 |
| 2020 | 1,456,990,000,000 |
| 2019 | 1,318,660,000,000 |
| 2018 | 1,264,130,000,000 |
| 2017 | 1,266,930,000,000 |
| 2016 | 1,263,460,000,000 |
| 2015 | 1,216,180,000,000 |
Broad money (current LCU) in nearby economies
- Armenia — 6.94 trillion (2025)
- Azerbaijan — 49.86 billion (2025)
- Belarus — 54.35 billion (2021)
- Bosnia and Herzegovina — 39.13 billion (2024)
- Bulgaria — 86.04 billion (2024)
- Czechia — 7.01 trillion (2024)
- Denmark — 1.83 trillion (2024)
- Georgia — 57.66 billion (2025)
- Hungary — 48.87 trillion (2024)
- Iceland — 3.08 trillion (2024)
- Kazakhstan — 52.75 trillion (2025)
- Kosovo
More financial sector data for Albania
- GDP deflator (base year varies by country) — 124.77 (2025)
- DEC alternative conversion factor (LCU per US$) — US$86.8 (2025)
- Inflation, GDP deflator (annual % growth) — 1.45% (2025)
- Lending interest rate (%) — 6.44% (2024)
- Real interest rate (%) — 4% (2024)
- Inflation, GDP deflator, linked series (annual % growth) — 1.45% (2025)
- GDP deflator, linked series (base year varies by country) — 124.77 (2025)
- Consumer price index (2010 = 100) — 144.11 (2025)
- Inflation, consumer prices (annual % growth) — 2.15% (2025)
- Official exchange rate (LCU per US$, period average)
Reading data like this
Questions people ask
- What is Albania's broad money (current LCU)?
- 1.79 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 2,422% from 70.77 billion in 1994 (11.36% a year on average, compounded). The highest value was 1.79 trillion in 2024 and the lowest 70.77 billion in 1994.
- How does Albania rank?
- 20th highest of 32 economies with data for 2024.
- Is the latest change in broad money (current LCU) unusual for Albania?
- In 2024, Albania's broad money (current LCU) rose 5.1% on 2023 (from 1.7 trillion to 1.79 trillion). Across the 29 yearly changes before that (1995 to 2023), the average change was +12.2% and a typical year strayed about 12.2% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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