Albania's commercial banks and other lending (PPG + PNG) (NFL, current US$) was US$423.93 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 353.08% from −US$167.51 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$423.93 million | 2024 |
| Five years earlier | US$6.51 million | 2019 |
| Ten years earlier | −US$167.51 million | 2014 |
| Highest | US$532.29 million | 2008 |
| Lowest | −US$167.51 million | 2014 |
| Average since 2015 | US$68.44 million | 2015–2024 |
| First recorded | −US$411,000 |
What the numbers say
In 2024, Albania's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$136.99 million on 2023 (from US$286.93 million to US$423.93 million).
Across the 16 yearly changes before that (2008 to 2023), the average change was +US$12.17 million and a typical year strayed about US$247.34 million from that (the standard deviation). This year's change was 0.5 standard deviations above 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 US$440.05 million in 2008 and the biggest yearly fall was US$443.97 million in 2014. 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 there is no clear straight-line trend: a straight line explains 22% 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 2024, Albania had the 18th highest value of the 87 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.
| Value | Year | |
|---|---|---|
| Albania | US$423.93 million | 2024 |
| Upper middle income | −US$20.51 billion | 2024 |
Closest to Albania in the 2024 ranking
What this measures
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).
Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | Commercial banks and other lending (PPG + PNG) (NFL, current US$) |
|---|---|
| 2024 | 423,928,000 |
| 2023 | 286,934,000 |
| 2022 | 53,202,000 |
| 2021 | -45,851,000 |
| 2020 | -117,647,000 |
| 2019 | 6,513,000 |
| 2018 | -130,129,000 |
| 2017 | 83,069,000 |
| 2016 | -55,566,000 |
| 2015 | 179,946,000 |
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies
- Armenia — US$274.09 million (2024)
- Azerbaijan — US$46.76 million (2024)
- Belarus — −US$828.98 million (2024)
- Bosnia and Herzegovina — US$195.51 million (2024)
- Bulgaria — US$254.71 million (2022)
- Georgia — −US$175.6 million (2024)
- Kazakhstan — −US$5.63 billion (2024)
- Kosovo — US$98.84 million (2024)
- Moldova
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — US$25.28 million (2021)
- Adjusted savings, mineral depletion (current US$) — US$11.41 million (2021)
- Adjusted savings, energy depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's commercial banks and other lending (PPG + PNG) (NFL, current US$)?
- US$423.93 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 103,245% from −US$411,000 in 1995. The highest value was US$532.29 million in 2008 and the lowest −US$167.51 million in 2014.
- How does Albania rank?
- 18th highest of 87 economies with data for 2024.
- Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Albania?
- In 2024, Albania's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$136.99 million on 2023 (from US$286.93 million to US$423.93 million). Across the 16 yearly changes before that (2008 to 2023), the average change was +US$12.17 million and a typical year strayed about US$247.34 million from that (the standard deviation). This year's change was 0.5 standard deviations above 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 DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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