Albania's PPG, commercial banks (NFL, current US$) was −US$9.82 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 49.08% from −US$19.29 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$9.82 million | 2024 |
| Five years earlier | −US$55.12 million | 2019 |
| Ten years earlier | −US$19.29 million | 2014 |
| Highest | US$345.44 million | 2008 |
| Lowest | −US$63.66 million | 2012 |
| Average since 2015 | −US$538,500 | 2015–2024 |
| First recorded | US$1,000 |
What the numbers say
In 2024, Albania's PPG, commercial banks (NFL, current US$) rose US$25.15 million on 2023 (from −US$34.97 million to −US$9.82 million).
Across the 16 yearly changes before that (2008 to 2023), the average change was −US$2.19 million and a typical year strayed about US$166.07 million from that (the standard deviation). This year's change was 0.2 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$345.33 million in 2008 and the biggest yearly fall was US$351.76 million in 2010. 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 27% 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 55th 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$9.82 million | 2024 |
| Upper middle income | US$30.53 billion | 2024 |
Closest to Albania in the 2024 ranking
- Ukraine — 52nd of 87: −US$6.69 million
- Papua New Guinea — 53rd of 87: −US$8.07 million
- Bolivia — 54th of 87: −US$9.25 million
- Iran, Islamic Rep. — 56th of 87: −US$20.97 million
- Zambia — 57th of 87: −US$21.84 million
- Cabo Verde — 58th of 87: −US$22.14 million
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 19 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -9,820,000 |
| 2023 | -34,965,000 |
| 2022 | -33,757,000 |
| 2021 | -35,987,000 |
| 2020 | -32,849,000 |
| 2019 | -55,115,000 |
| 2018 | -47,922,000 |
| 2017 | -43,899,000 |
| 2016 | 11,367,000 |
| 2015 | 277,562,000 |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Armenia — −US$4.45 million (2024)
- Azerbaijan — −US$313.83 million (2024)
- Belarus — −US$4.48 million (2024)
- Bosnia and Herzegovina — −US$4.18 million (2024)
- Bulgaria — −US$386,000 (2022)
- Georgia — −US$2.98 million (2024)
- Kazakhstan — −US$290.07 million (2024)
- Kosovo — −US$842,000 (2024)
- Moldova — −US$2.07 million (2024)
- Montenegro — −US$115.1 million (2024)
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's PPG, commercial banks (NFL, current US$)?
- −US$9.82 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is down 982,100% from US$1,000 in 1995. The highest value was US$345.44 million in 2008 and the lowest −US$63.66 million in 2012.
- How does Albania rank?
- 55th highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Albania?
- In 2024, Albania's PPG, commercial banks (NFL, current US$) rose US$25.15 million on 2023 (from −US$34.97 million to −US$9.82 million). Across the 16 yearly changes before that (2008 to 2023), the average change was −US$2.19 million and a typical year strayed about US$166.07 million from that (the standard deviation). This year's change was 0.2 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.PCBK.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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in