Deposit interest rate — all countries

Deposit interest rate — Albania

Deposit interest rate in Albania in 2024 — 1.86%. Ranked 62 in the world out of 90. Since 1992, the indicator has fallen by 16.64 pp.

2024 1.86% +0.52 pp vs 2023
World rank 62of 90
Period maximum 27.33%1993
Period minimum 0.42%2020

Trend over time

1992–2024 · % per annum

Deposit interest rate — Albania, 1992–202401020301992199620002004200820122016202020241992: 18.5%1993: 27.33%1994: 19.83%1995: 15.3%1996: 16.78%1997: 27.28%1998: 22.56%1999: 12.95%2000: 8.3%2001: 7.73%2002: 8.54%2003: 8.38%2004: 6.61%2005: 5.09%2006: 5.23%2007: 5.66%2008: 6.8%2009: 6.77%2010: 6.42%2011: 5.86%2012: 5.42%2013: 4.16%2014: 1.91%2015: 1.39%2016: 0.83%2017: 0.77%2018: 0.75%2019: 0.49%2020: 0.42%2021: 0.48%2022: 0.73%2023: 1.35%2024: 1.86%
Change over the period: −16.64 pp Annual average: -0.52 pp
Deposit interest rate — Albania, by year Albania All countries CSV XLSX
Year % Change, pp
2024 1.86 +0.52 pp
2023 1.35 +0.62 pp
2022 0.73 +0.25 pp
2021 0.48 +0.06 pp
2020 0.42 −0.08 pp
2019 0.49 −0.26 pp
2018 0.75 −0.02 pp
2017 0.77 −0.06 pp
2016 0.83 −0.56 pp
2015 1.39 −0.52 pp
2014 1.91 −2.25 pp
2013 4.16 −1.26 pp
2012 5.42 −0.44 pp
2011 5.86 −0.56 pp
2010 6.42 −0.35 pp
2009 6.77 −0.03 pp
2008 6.8 +1.14 pp
2007 5.66 +0.43 pp
2006 5.23 +0.14 pp
2005 5.09 −1.52 pp
2004 6.61 −1.77 pp
2003 8.38 −0.16 pp
2002 8.54 +0.81 pp
2001 7.73 −0.58 pp
2000 8.3 −4.64 pp
1999 12.95 −9.61 pp
1998 22.56 −4.72 pp
1997 27.28 +10.49 pp
1996 16.78 +1.48 pp
1995 15.3 −4.53 pp
1994 19.83 −7.5 pp
1993 27.33 +8.83 pp
1992 18.5

Southern Europe, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

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