Albania's IFC, private nonguaranteed (NFL, current US$) was US$22.1 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 75.46% from US$12.59 million in 2014 (5.78% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$22.1 million | 2024 |
| Five years earlier | −US$3.95 million | 2019 |
| Ten years earlier | US$12.59 million | 2014 |
| Highest | US$50.41 million | 2011 |
| Lowest | −US$53.35 million | 2016 |
| Average since 2015 | −US$2.29 million | 2015–2024 |
| First recorded | US$0 |
What the numbers say
In 2024, Albania's IFC, private nonguaranteed (NFL, current US$) fell US$9.69 million on 2023 (from US$31.78 million to US$22.1 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$1.06 million and a typical year strayed about US$22.14 million from that (the standard deviation). This year's change was 0.5 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 US$51.11 million in 2017 and the biggest yearly fall was US$50.57 million in 2016. 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 US$4.98 million a year. A straight line explains 47% 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 39th highest value of the 119 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$22.1 million | 2024 |
| World | US$5.8 billion | 2024 |
| Europe & Central Asia | US$960.06 million | 2024 |
| Upper middle income | US$2.29 billion | 2024 |
Closest to Albania in the 2024 ranking
- Ethiopia — 35th of 119: US$23.11 million
- Congo, Dem. Rep. — 36th of 119: US$22.26 million
- Senegal — 37th of 119: US$22.22 million
- Niger — 39th of 119: US$20.96 million
- Dominican Republic — 40th of 119: US$14.83 million
- Azerbaijan — 41st of 119: US$14.28 million
What this measures
Nonguaranteed long-term debt privately placed from the International Finance Corporation (IFC). Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 34 values
| Year | IFC, private nonguaranteed (NFL, current US$) |
|---|---|
| 2024 | 22,097,572 |
| 2023 | 31,783,088 |
| 2022 | -3,797,993 |
| 2021 | -4,436,331 |
| 2020 | 0 |
| 2019 | -3,948,664 |
| 2018 | -6,240,413 |
| 2017 | -2,239,120 |
| 2016 | -53,349,848 |
| 2015 | -2,781,274 |
| 2014 |
IFC, private nonguaranteed (NFL, current US$) in nearby economies
- Armenia — US$163.5 million (2024)
- Azerbaijan — US$14.28 million (2024)
- Belarus — US$0 (2024)
- Bosnia and Herzegovina — US$0 (2024)
- Bulgaria — US$116.56 million (2024)
- Georgia — US$120.89 million (2024)
- Hungary — US$0 (2016)
- Kazakhstan — US$9.38 million (2024)
- Kosovo — −US$4.03 million (2024)
- Kyrgyz Republic — −US$6.21 million (2024)
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's IFC, private nonguaranteed (NFL, current US$)?
- US$22.1 million in 2024, according to the World Bank (World Development Indicators).
- How does Albania rank?
- 39th highest of 119 economies with data for 2024.
- Is the latest change in IFC, private nonguaranteed (NFL, current US$) unusual for Albania?
- In 2024, Albania's IFC, private nonguaranteed (NFL, current US$) fell US$9.69 million on 2023 (from US$31.78 million to US$22.1 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$1.06 million and a typical year strayed about US$22.14 million from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator DT.NFL.NIFC.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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