Financial account balance (assets less liabilities), Net (net) in Albania
Albania: Financial account balance (assets less liabilities), Net (net) was -675.76 million in 2024. ▲ Rising
Financial account balance (assets less liabilities), Net (net) in Albania, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for financial account balance (assets less liabilities), net (net) in Albania is -675.76 million, measured in 2024.
That represents a change of down 921.3% on the previous year and up 45.4% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Albania peaked at -66.17 million in 2023 and was at its lowest, -1.93 billion, in 2008.
Albania ranks 125th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Financial account balance (assets less liabilities), Net (net) in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -244.81 million | — |
| 2006 | -254.13 million | +3.8% |
| 2007 | -838.18 million | +229.8% |
| 2008 | -1.93 billion | +130.1% |
| 2009 | -1.32 billion | -31.6% |
| 2010 | -797.28 million | -39.6% |
| 2011 | -1.24 billion | +56.0% |
| 2012 | -804.60 million | -35.3% |
| 2013 | -1.07 billion | +33.2% |
| 2014 | -1.24 billion | +15.5% |
| 2015 | -681.76 million | -44.9% |
| 2016 | -686.17 million | +0.6% |
| 2017 | -1.08 billion | +57.7% |
| 2018 | -915.36 million | -15.4% |
| 2019 | -1.02 billion | +11.3% |
| 2020 | -960.43 million | -5.7% |
| 2021 | -738.25 million | -23.1% |
| 2022 | -946.51 million | +28.2% |
| 2023 | -66.17 million | -93.0% |
| 2024 | -675.76 million | +921.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -917.04 million | -1.93 billion | -244.81 million | 5 |
| 2010s | -953.97 million | -1.24 billion | -681.76 million | 10 |
| 2020s | -677.43 million | -960.43 million | -66.17 million | 5 |
Countries ranked near Albania
More external debt data for Albania
- IFC, private nonguaranteed 22.10 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 9.3 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,160 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -41.65 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -17.52 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0015 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 3.47 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 4.6% (2024)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Albania?
- Financial account balance (assets less liabilities), net (net) in Albania was -675.76 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Albania?
- The highest recorded value was -66.17 million in 2023.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Albania?
- The lowest recorded value was -1.93 billion in 2008.
- How does Albania rank for financial account balance (assets less liabilities), net (net)?
- Albania ranks 125th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Albania?
- Over the last ten years it is up 45.4%. The long-run trend across the full record is rising.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.