Albania Current Account Balance
1993 - 2023 | Quarterly | USD mn | CEIC Data
Key information about Albania Current Account Balance
- Albania Current Account recorded a deficit of 145.1 USD mn in Mar 2023, compared with a deficit of 487.0 USD mn in the previous quarter.
- Albania Current Account Balance: USD mn data is updated quarterly, available from Mar 1993 to Mar 2023, with an averaged value of -170.3 USD mn.
- The data reached an all-time high of 38.7 USD mn in Sep 2004 and a record low of -618.4 USD mn in Dec 2021.
- CEIC converts quarterly Current Account Balance into USD. The Bank of Albania provides Current Account Balance in EUR based on BPM6. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2008 is based on BPM5.
- Foreign Direct Investment (FDI) increased by 331.0 USD mn in Mar 2023.
- Albania Direct Investment Abroad expanded by 47.9 USD mn in Mar 2023.
- Its Foreign Portfolio Investment fell by 19.0 USD mn in Mar 2023.
- The country's Nominal GDP was reported at 4.9 USD bn in Dec 2022.
View Albania's Current Account Balance from Mar 1993 to Mar 2023 in the chart:
What was Albania's Current Account Balance in Mar 2023?
Albania Current Account recorded a deficit of 145.1 USD mn in Mar 2023, compared with a deficit of 487.0 USD mn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -145.1 Mar 2023 | -487.0 Dec 2022 | -618.4 Dec 2021 | 38.7 Sep 2004 | USD mn | quarterly | Mar 1993 - Mar 2023 |
Current Account Balance by Country Comparison
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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | -3,420.1 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Armenia (USD mn) | 201.6 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Australia (USD mn) | 7,685.3 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 1,655.4 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Bahrain (USD mn) | 569.0 Jun 2023 | quarterly | Mar 2018 - Jun 2023 |
| Bangladesh (USD mn) | 1,331.8 Jan 2024 | monthly | Jul 1997 - Jan 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | -268.2 Sep 2023 | quarterly | Mar 1988 - Sep 2023 |
| Bosnia and Herzegovina (USD mn) | -196.3 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -4,372.7 Feb 2024 | monthly | Jan 1995 - Feb 2024 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | -87.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -4,494.9 Sep 2023 | quarterly | Mar 2003 - Sep 2023 |
| China (USD mn) | 56,191.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (USD mn) | -2,293.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Egypt (USD mn) | -6,825.4 Dec 2023 | quarterly | Dec 1993 - Dec 2023 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 104,959.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | 948.7 Feb 2024 | monthly | Jan 1999 - Feb 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 27,133.6 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Ghana (USD mn) | 175.7 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Greece (USD mn) | 1,855.7 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Hong Kong SAR, China (USD mn) | 9,111.4 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Hungary (USD mn) | -964.2 Dec 2023 | quarterly | Dec 1989 - Dec 2023 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,195.5 Jun 2023 | quarterly | Jun 1949 - Jun 2023 |
| Indonesia (USD mn) | -1,290.4 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 10,541.1 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,350.1 2022 | yearly | 1975 - 2022 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | -2,092.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Kenya (USD mn) | -446.0 Sep 2023 | monthly | Jan 2002 - Sep 2023 |
| South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Kosovo (USD mn) | -447.2 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Kuwait (USD mn) | 15,358.8 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | 67.0 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -28.3 Dec 2022 | monthly | Jan 2002 - Dec 2022 |
| Lithuania (USD mn) | 333.2 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Luxembourg (USD mn) | 1,576.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (USD mn) | 2,782.4 2022 | yearly | 2002 - 2022 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -1,752.1 2021 | yearly | 1977 - 2021 |
| Malaysia (USD mn) | 54.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Malta (USD mn) | 13.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -522.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Mongolia (USD mn) | -144.7 Feb 2024 | monthly | Jan 2009 - Feb 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -172.4 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Mozambique (USD mn) | -505.6 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Myanmar (USD mn) | -256.1 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Nepal (USD mn) | 769.7 Jan 2024 | quarterly | Oct 2000 - Jan 2024 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 5,752.9 2022 | yearly | 1974 - 2022 |
| Pakistan (USD mn) | 198.0 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Palestinian Territory (USD mn) | -529.4 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Panama (USD mn) | -4,356.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Paraguay (USD mn) | -138.6 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Peru (USD mn) | 1,633.8 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Philippines (USD mn) | 106.8 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Poland (USD mn) | 502.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Portugal (USD mn) | 2,077.7 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Qatar (USD mn) | 7,030.8 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Romania (USD mn) | -1,480.1 Jan 2024 | monthly | Jun 2002 - Jan 2024 |
| Russia (USD mn) | 600.0 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Saudi Arabia (USD mn) | 4,345.0 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Serbia (USD mn) | 139.7 Jan 2024 | monthly | Jan 2013 - Jan 2024 |
| Singapore (USD mn) | 25,500.6 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (USD mn) | -146.1 Jan 2024 | monthly | Jan 1997 - Jan 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 1,168.4 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
| Sri Lanka (USD mn) | 237.2 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 10,956.8 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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Includes 284 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: Food, Beverages, Tobacco (ALL mn) | 4,579.675 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: 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: Construction Materials and Metals (ALL mn) | 9,892.433 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: Food, Beverages, Tobacco (ALL mn) | 11,758.178 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.9 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| 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) | 17,018.118 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| Total Deposits Growth (%) | 12.4 Jan 2024 | monthly | Jul 2008 - Jan 2024 |
| 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) | 2,880.4 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| 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 |
| Banking System: Loans: OA: Corporate (ALL mn) | 461,518.620 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| Banking System: Deposits: OA: Corporate (ALL mn) | 368,842.000 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| Banking System: Loans: Outstanding Amounts (OA) (ALL mn) | 736,507.800 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| Banking System: Loans: OA: Households (ALL mn) | 274,989.200 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| Banking System: Deposits: OA (ALL mn) | 1,624,719.760 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| Banking System: Deposits: OA: Households (ALL mn) | 1,255,877.850 Jan 2024 | monthly | Jul 2007 - Jan 2024 |
| 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
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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