Albania - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Albania was 35.73 as of 2020. Its highest value over the past 26 years was 39.31 in 2011, while its lowest value was 3.26 in 1996.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

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

See also:

Year Value
1994 4.05
1995 3.76
1996 3.26
1997 3.93
1998 3.86
1999 4.11
2000 4.87
2001 6.20
2002 6.48
2003 7.66
2004 9.63
2005 15.38
2006 22.31
2007 29.92
2008 35.33
2009 36.78
2010 37.36
2011 39.31
2012 38.92
2013 37.87
2014 37.40
2015 35.36
2016 34.58
2017 32.56
2018 30.54
2019 31.35
2020 35.73

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Albania was 38.61 as of 2020. Its highest value over the past 11 years was 41.15 in 2011, while its lowest value was 32.99 in 2018.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include 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 38.21
2010 39.08
2011 41.15
2012 40.80
2013 39.79
2014 39.26
2015 37.15
2016 36.60
2017 34.76
2018 32.99
2019 34.13
2020 38.61

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets