Albania - Domestic credit provided by banking sector

Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by financial sector (% of GDP) in Albania was 70.35 as of 2020. Its highest value over the past 11 years was 73.18 in 2014, while its lowest value was 58.50 in 2018.

Definition: Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2009 68.93
2010 67.45
2011 70.31
2012 70.18
2013 72.18
2014 73.18
2015 68.14
2016 66.39
2017 63.61
2018 58.50
2019 61.43
2020 70.35

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets