Credit to the private sector — all countries

Credit to the private sector — Albania

Credit to the private sector in Albania in 2024 — 34.13%. Ranked 90 in the world out of 143. Since 2009, the indicator has fallen by 3.18 pp.

2024 34.13% +1.66 pp vs 2023
World rank 90of 143
Period maximum 41.05%2012
Period minimum 32.47%2023

Trend over time

2009–2024 · % of GDP

Credit to the private sector — Albania, 2009–20243032.53537.54042.52009201120132015201720192021202320242009: 37.31%2010: 38.57%2011: 40.89%2012: 41.05%2013: 39.72%2014: 39.06%2015: 36.88%2016: 36.21%2017: 34.13%2018: 32.51%2019: 33.73%2020: 37.72%2021: 36.43%2022: 33.79%2023: 32.47%2024: 34.13%
Change over the period: −3.18 pp Annual average: -0.21 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Albania

Albania 34.13%
World 140.32%
Southern Europe computed 64.15%
Credit to the private sector — Albania, by year Albania All countries CSV XLSX
Year % Change, pp
2024 34.13 +1.66 pp
2023 32.47 −1.32 pp
2022 33.79 −2.64 pp
2021 36.43 −1.29 pp
2020 37.72 +3.99 pp
2019 33.73 +1.22 pp
2018 32.51 −1.63 pp
2017 34.13 −2.08 pp
2016 36.21 −0.67 pp
2015 36.88 −2.18 pp
2014 39.06 −0.66 pp
2013 39.72 −1.33 pp
2012 41.05 +0.16 pp
2011 40.89 +2.32 pp
2010 38.57 +1.26 pp
2009 37.31

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.