Albania Current Account Balance: % of GDP
2008 - 2023 | Quarterly | % | CEIC Data
Key information about Albania Current Account Balance: % of GDP
- Albania Current Account surplus accounted for 6.6 % of the country's Nominal GDP in Sep 2023, compared with a 3.6 % deficit in the previous quarter.
- Albania Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2008 to Sep 2023, with an average value of -9.8 %.
- The data reached an all-time high of 6.6 % in Sep 2023 and a record low of -19.4 % in Dec 2008.
CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bank of Albania provides Current Account Balance in EUR. The Institute of Statistics provides Nominal GDP in local currency. The Bank of Albania average market exchange rate is used for currency conversions.
Key information about Albania Current Account Balance: % of GDP
- In the latest reports of Albania, Current Account recorded a deficit of 145.1 USD mn in Mar 2023.
- Foreign Direct Investment (FDI) increased by 432.6 USD mn in Dec 2023.
- Albania Direct Investment Abroad expanded by 60.5 USD mn in Dec 2023.
- Its Foreign Portfolio Investment fell by 153.5 USD mn in Dec 2023.
- The country's Nominal GDP was reported at 1.0 USD bn in Mar 2023.
View Albania's Current Account Balance: % of GDP from Mar 2008 to Sep 2023 in the chart:
What was Albania's Current Account Balance: % of GDP in Sep 2023?
Albania Current Account surplus accounted for 6.6 % of the country's Nominal GDP in Sep 2023, compared with a 3.6 % deficit in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.6 Sep 2023 | -3.6 Jun 2023 | -19.4 Dec 2008 | 6.6 Sep 2023 | % | quarterly | Mar 2008 - Sep 2023 |
Current Account Balance: % of GDP by Country Comparison
Buy Selected Data
Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.6 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Algeria (%) | 4.8 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
| Argentina (%) | -2.2 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Armenia (%) | 2.7 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Australia (%) | 1.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (%) | 1.7 Sep 2023 | quarterly | Mar 1970 - Sep 2023 |
| Azerbaijan (%) | 8.9 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
| Bangladesh (%) | -0.5 2023 | yearly | 1998 - 2023 |
| Belarus (%) | -1.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Belgium (%) | 1.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Bolivia (%) | -2.5 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Bosnia and Herzegovina (%) | -2.3 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Botswana (%) | 1.2 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
| Brazil (%) | -1.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Bulgaria (%) | -3.1 Dec 2023 | quarterly | Sep 1999 - Dec 2023 |
| Cambodia (%) | -1.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Canada (%) | -0.2 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
| Chile (%) | -4.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| China (%) | 1.2 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (%) | -2.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Croatia (%) | -5.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cyprus (%) | -6.6 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Czech Republic (%) | 0.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Denmark (%) | 12.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Ecuador (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
| Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| European Union (%) | 2.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (%) | 1.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| France (%) | 0.9 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Georgia (%) | -6.8 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (%) | 6.9 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (%) | 0.9 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Greece (%) | -12.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Hong Kong SAR, China (%) | 9.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Hungary (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Iceland (%) | -2.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| India (%) | -1.2 Dec 2023 | quarterly | Jun 2004 - Dec 2023 |
| Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
| Ireland (%) | -0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Israel (%) | 9.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Italy (%) | 0.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (%) | 3.0 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Kazakhstan (%) | -2.6 Sep 2023 | quarterly | Dec 1997 - Sep 2023 |
| Kenya (%) | -2.3 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
| South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Kosovo (%) | -15.4 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Kuwait (%) | 37.2 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Laos (%) | -0.1 2022 | yearly | 1984 - 2022 |
| Latvia (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Lebanon (%) | -4.4 2020 | yearly | 2002 - 2020 |
| Lithuania (%) | 4.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Luxembourg (%) | 7.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (%) | 11.4 2022 | yearly | 2002 - 2022 |
| North Macedonia (%) | -3.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Malawi (%) | -14.2 2021 | yearly | 1977 - 2021 |
| Malaysia (%) | 0.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Malta (%) | 0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mauritius (%) | -3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Mexico (%) | 2.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Moldova (%) | -11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mongolia (%) | -4.9 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Montenegro (%) | -24.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Morocco (%) | -0.5 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Mozambique (%) | -37.4 2022 | yearly | 1980 - 2022 |
| Nepal (%) | -1.3 2023 | yearly | 2001 - 2023 |
| Netherlands (%) | 8.5 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
| New Zealand (%) | -6.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
| Nigeria (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Norway (%) | 16.1 Sep 2023 | quarterly | Mar 1981 - Sep 2023 |
| Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
| Pakistan (%) | -0.7 2023 | yearly | 1977 - 2023 |
| Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Panama (%) | -28.8 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Paraguay (%) | -1.2 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Peru (%) | 2.3 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Poland (%) | 1.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Portugal (%) | -0.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Qatar (%) | 15.6 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Romania (%) | -7.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Russia (%) | 2.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | 1.6 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Serbia (%) | -5.5 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Singapore (%) | 19.5 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (%) | -3.6 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Slovenia (%) | 3.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| South Africa (%) | -2.3 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Spain (%) | 2.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Sri Lanka (%) | 1.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
| Sweden (%) | 7.1 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Switzerland (%) | 7.6 Dec 2023 | quarterly | Mar 1983 - Dec 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doAlbania Key Series
Buy Selected Data
Includes 279 key indicators for Albania, curated by CEIC analysts. Instant access to full history data in excel.
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.349 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -402.6 Nov 2023 | monthly | Oct 1998 - Nov 2023 |
| Total Exports (USD mn) | 342.4 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Total Exports Growth (%) | -21.8 Nov 2023 | monthly | Jan 2006 - Nov 2023 |
| Aluminum: Exports (USD th) | 73,665.643 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 1,425.239 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 2,692.727 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 745.0 Nov 2023 | monthly | Jan 1993 - Nov 2023 |
| Total Imports Growth (%) | -7.4 Nov 2023 | monthly | Jan 2006 - Nov 2023 |
| Imports: Medicament (USD th) | 290,156.569 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 25,366.794 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 3.776 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Total Imports from USA (USD mn) | 15.229 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Total Exports to China (USD mn) | 6.786 Feb 2024 | monthly | Jan 2005 - Feb 2024 |
| Total Imports from China (USD mn) | 60.449 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Trade Balance: ALL (ALL mn) | -38,708.697 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Exports: ALL: Textile and Footwear (ALL mn) | 10,469.524 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Exports: ALL (ALL mn) | 32,917.168 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Exports: ALL: Chemical and Plastic Products (ALL mn) | 1,610.801 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Exports: ALL: Food, Beverages, Tobacco (ALL mn) | 4,579.675 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Exports: ALL: Minerals, Fuels, Electricity (ALL mn) | 4,535.351 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Exports: ALL: Construction Materials and Metals (ALL mn) | 6,689.379 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Imports: ALL (ALL mn) | 71,625.865 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Imports: ALL: Food, Beverages, Tobacco (ALL mn) | 11,758.178 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Imports: ALL: Machineries, Equipment and Spare Parts (ALL mn) | 18,151.221 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Imports: ALL: Minerals, Fuels, Electricity (ALL mn) | 8,408.009 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Imports: ALL: Chemical and Plastic Products (ALL mn) | 8,590.489 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Imports: ALL: Construction Materials and Metals (ALL mn) | 9,892.433 Nov 2023 | monthly | Jan 2005 - Nov 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.7 Dec 2023 | monthly | Jul 2007 - Dec 2023 |
| Household Debt: % of GDP (%) | 11.8 Sep 2023 | quarterly | Dec 2008 - Sep 2023 |
| Non-Performing Loans (USD mn) | 375.269 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Money Supply M1 (USD mn) | 8,157.612 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
| Money Supply M2 (USD mn) | 10,264.355 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
| M2 Growth (%) | 4.7 Feb 2024 | monthly | Dec 1994 - Feb 2024 |
| Foreign Exchange Reserves (USD mn) | 5,649.6 Jan 2024 | monthly | Dec 1993 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 26.986 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.0 Oct 2023 | monthly | Dec 1993 - Oct 2023 |
| Gold Reserves (USD mn) | 219.933 Feb 2024 | monthly | Dec 1993 - Feb 2024 |
| Total Deposits (USD mn) | 17,198.971 Dec 2023 | monthly | Jul 2007 - Dec 2023 |
| Total Deposits Growth (%) | 5.7 Dec 2023 | monthly | Jul 2008 - Dec 2023 |
| Domestic Credit (USD mn) | 13,028.6 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Domestic Credit Growth (%) | 2.3 Feb 2024 | monthly | Dec 2003 - Feb 2024 |
| Household Debt (USD mn) | 2,926.2 Dec 2023 | monthly | Jul 2007 - Dec 2023 |
| Total Loans (USD mn) | 8,406.368 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Total Loans Growth (%) | 5.14 Feb 2024 | monthly | Dec 2003 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 30.17 Sep 2023 | quarterly | Dec 2008 - Sep 2023 |
| Official Reserve Assets (EUR mn) | 5,580.550 Feb 2024 | monthly | Dec 2013 - Feb 2024 |
| Official Reserve Assets: Monetary Gold (EUR mn) | 203.510 Feb 2024 | monthly | Dec 2013 - Feb 2024 |
| Banking System: Domestic Assets (ALL mn) | 1,243,320.110 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Payment Cards: Transactions Volume (ALL mn) | 35,313.370 Dec 2023 | monthly | Jan 2010 - Dec 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence: Net Balance (% Point) | -5.0 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
| Business Confidence Growth (% Point) | -3.1 Mar 2024 | quarterly | Jun 2017 - Mar 2024 |
| Business Survey: Industry: Capacity Utilization (%) | 80.684 Dec 2023 | quarterly | Jun 2007 - Dec 2023 |
More Indicators for Albania
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation
BPM6: Balance of Payments: Detailed Presentation
BPM6: Foreign Direct Investment: by Country
BPM6: Gross External Debt
BPM6: International Investment Position: Annual
Company Statistics
Enterprises Income and Investment: by Goods and Services Producer: NACE 2
External Debt: Amortization
External Debt: Commitments and Currency Composition
External Debt: Disbursements and Interest Payment
External Debt: Terms and Undisbursed Debt
Net External Debt: Central Government: Long Term
Number of Enterprises: Business Register: NACE 2
Balance of Payments: Capital and Financial Account
BPM6: Balance of Payments
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: Foreign Direct Investment: by Economic Activity
BPM6: International Investment Position
Businesses Registered Statistics
Current Account as % of GDP
Enterprises Income and Investment: by Industry: NACE 2
External Debt: Arrears and Reschedulings
External Debt: Debt Outstanding, Debt Ratio and Debt Service
External Debt: Net Flows and Net Transfers
Investment Statistics
Net External Debt: Central Government: Long Term: by Creditor
Number of Enterprises: Structural Survey: NACE 2