Albania: Personal remittances, received (% of GDP)

Key figures

What the numbers say

In 2025, Albania's personal remittances, received (% of GDP) fell 0.02 percentage points on 2024 (from 8.41% to 8.39%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.26 percentage points and a typical year strayed about 2.21 percentage points 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 6.29 percentage points in 1998 and the biggest yearly fall was 11.68 percentage points in 1994. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is downward, about 0.23 percentage points a year. A straight line explains 85% 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.

A straight-line projection, tested first

Extending that straight line gives about 7.55% for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 0.24%, against 0.69% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Albania had the 24th highest value of the 130 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 2025 ranking

• Montenegro — 20th of 130: 9.72%
• Moldova — 21st of 130: 9.41%
• Philippines — 22nd of 130: 8.53%
• Burundi — 24th of 130: 8.12%
• Nigeria — 25th of 130: 7.84%
• Sri Lanka — 26th of 130: 7.63%

What this measures

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 34 values

Personal remittances, received (% of GDP) in nearby economies

• Armenia — 5.38% (2025)
• Austria — 0.66% (2025)
• Azerbaijan — 1.97% (2025)
• Belarus — 2.54% (2025)
• Belgium — 2.25% (2025)
• Bosnia and Herzegovina — 10.72% (2025)
• Bulgaria — 2.1% (2025)
• Croatia — 6.9% (2025)
• Cyprus — 2.05% (2025)
• Czechia — 1.26% (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Albania's personal remittances, received (% of GDP)?

8.39% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is down 14.89 percentage points from 23.28% in 1992. The highest value was 28.01% in 1993 and the lowest 8.39% in 2025.

Source

World Bank, World Development Indicators, indicator BX.TRF.PWKR.DT.GD.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); IMF balance of payments data, International Monetary Fund (IMF); World Bank GDP estimates, World Bank (WB); OECD GDP estimates, Organisation for Economic Co-operation and Development (OECD) 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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