Albania's PPG, private creditors (NFL, current US$) was −US$10.08 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 48.15% from −US$19.45 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$10.08 million | 2024 |
| Five years earlier | −US$55.1 million | 2019 |
| Ten years earlier | −US$19.45 million | 2014 |
| Highest | US$550.42 million | 2023 |
| Lowest | −US$63.46 million | 2012 |
| Average since 2015 | US$167.34 million | 2015–2024 |
| First recorded | US$28.38 million |
What the numbers say
In 2024, Albania's PPG, private creditors (NFL, current US$) fell US$560.5 million on 2023 (from US$550.42 million to −US$10.08 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$17.98 million and a typical year strayed about US$230.79 million from that (the standard deviation). This year's change was 2.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$583.33 million in 2023 and the biggest yearly fall was US$561.98 million in 2022. 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 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 64th highest value of the 95 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$10.08 million | 2024 |
| Upper middle income | US$64.14 billion | 2024 |
Closest to Albania in the 2024 ranking
- Papua New Guinea — 61st of 95: −US$8.07 million
- Congo, Dem. Rep. — 62nd of 95: −US$9.02 million
- Bolivia — 63rd of 95: −US$9.51 million
- Dominica — 65th of 95: −US$11.63 million
- Ghana — 66th of 95: −US$13.92 million
- Georgia — 67th of 95: −US$20.01 million
What this measures
Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 34 values
| Year | PPG, private creditors (NFL, current US$) |
|---|---|
| 2024 | -10,082,000 |
| 2023 | 550,420,000 |
| 2022 | -32,914,000 |
| 2021 | 529,067,000 |
| 2020 | 273,163,000 |
| 2019 | -55,096,000 |
| 2018 | 7,725,000 |
| 2017 | -43,899,000 |
| 2016 | 11,214,000 |
| 2015 | 443,770,000 |
| 2014 |
PPG, private creditors (NFL, current US$) in nearby economies
- Armenia — −US$4.45 million (2024)
- Azerbaijan — −US$2.06 billion (2024)
- Belarus — −US$4.48 million (2024)
- Bosnia and Herzegovina — −US$4.18 million (2024)
- Bulgaria — US$1.02 billion (2022)
- Georgia — −US$20.01 million (2024)
- Kazakhstan — −US$777.93 million (2024)
- Kosovo — −US$842,000 (2024)
- Moldova — −US$5.32 million (2024)
- Montenegro — US$634.15 million (2024)
More economic policy & debt data for Albania
- Adjusted savings, education expenditure (% of GNI) — 2.79% (2021)
- Adjusted savings, net forest depletion (current US$) — 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$13.07 billion (2025)
- Insurance and financial services (% of service imports, BoP)
Reading data like this
Questions people ask
- What is Albania's PPG, private creditors (NFL, current US$)?
- −US$10.08 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is down 135.53% from US$28.38 million in 1991. The highest value was US$550.42 million in 2023 and the lowest −US$63.46 million in 2012.
- How does Albania rank?
- 64th highest of 95 economies with data for 2024.
- Is the latest change in PPG, private creditors (NFL, current US$) unusual for Albania?
- In 2024, Albania's PPG, private creditors (NFL, current US$) fell US$560.5 million on 2023 (from US$550.42 million to −US$10.08 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$17.98 million and a typical year strayed about US$230.79 million from that (the standard deviation). This year's change was 2.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.PRVT.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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