Albania's net financial flows, RDB nonconcessional (NFL, current US$) was −US$19.59 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 298.62% from US$9.86 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$19.59 million | 2024 |
| Five years earlier | −US$18.66 million | 2019 |
| Ten years earlier | US$9.86 million | 2014 |
| Highest | US$109.47 million | 2018 |
| Lowest | −US$24.02 million | 2023 |
| Average since 2015 | US$10.15 million | 2015–2024 |
| First recorded | US$187,000 |
What the numbers say
In 2024, Albania's net financial flows, RDB nonconcessional (NFL, current US$) rose US$4.43 million on 2023 (from −US$24.02 million to −US$19.59 million).
Across the 29 yearly changes before that (1995 to 2023), the average change was −US$834,708 and a typical year strayed about US$49.08 million from that (the standard deviation). This year's change was 0.1 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$133.17 million in 2018 and the biggest yearly fall was US$128.14 million in 2019. 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 less than 1% 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 63rd highest value of the 77 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$19.59 million | 2024 |
| Upper middle income | US$1.69 billion | 2024 |
Closest to Albania in the 2024 ranking
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Nonconcessional financial flows cover all disbursements except those made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 31 values
| Year | Net financial flows, RDB nonconcessional (NFL, current US$) |
|---|---|
| 2024 | -19,588,739 |
| 2023 | -24,019,522 |
| 2022 | 27,894,409 |
| 2021 | -16,864,920 |
| 2020 | 94,233,460 |
| 2019 | -18,664,233 |
| 2018 | 109,473,961 |
| 2017 | -23,697,222 |
| 2016 | -20,320,147 |
| 2015 | -6,988,158 |
Net financial flows, RDB nonconcessional (NFL, current US$) in nearby economies
- Armenia — US$140.7 million (2024)
- Azerbaijan — −US$203.97 million (2024)
- Belarus — US$29.23 million (2024)
- Bosnia and Herzegovina — US$52.84 million (2024)
- Bulgaria — −US$83.72 million (2022)
- Georgia — US$141.81 million (2024)
- Kazakhstan — −US$205.14 million (2024)
- Kyrgyz Republic — −US$3.08 million (2024)
- Moldova — US$132.81 million (2024)
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's net financial flows, RDB nonconcessional (NFL, current US$)?
- −US$19.59 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is down 10,575% from US$187,000 in 1994. The highest value was US$109.47 million in 2018 and the lowest −US$24.02 million in 2023.
- How does Albania rank?
- 63rd highest of 77 economies with data for 2024.
- Is the latest change in net financial flows, RDB nonconcessional (NFL, current US$) unusual for Albania?
- In 2024, Albania's net financial flows, RDB nonconcessional (NFL, current US$) rose US$4.43 million on 2023 (from −US$24.02 million to −US$19.59 million). Across the 29 yearly changes before that (1995 to 2023), the average change was −US$834,708 and a typical year strayed about US$49.08 million from that (the standard deviation). This year's change was 0.1 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.RDBN.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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