Deposit interest rate in Albania

Albania: Deposit interest rate was 1.9% in 2024. ◆ Volatile

Latest (2024)
1.9%
Change on year
up 38.3%
World rank
110th
of 152 countries
All-time high
27.3%
in 1993
All-time low
0.4%
in 2020
Years of data
33
1992–2024

Deposit interest rate in Albania, 1992–2024

01020301992200820241992: 18.5 %1993: 27.3 %1994: 19.8 %1995: 15.3 %1996: 16.8 %1997: 27.3 %1998: 22.6 %1999: 12.9 %2000: 8.3 %2001: 7.7 %2002: 8.5 %2003: 8.4 %2004: 6.6 %2005: 5.1 %2006: 5.2 %2007: 5.7 %2008: 6.8 %2009: 6.8 %2010: 6.4 %2011: 5.9 %2012: 5.4 %2013: 4.2 %2014: 1.9 %2015: 1.4 %2016: 0.831 %2017: 0.767 %2018: 0.752 %2019: 0.492 %2020: 0.415 %2021: 0.478 %2022: 0.731 %2023: 1.3 %2024: 1.9 %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.

Analysis

Albania recorded 1.9% for deposit interest rate in 2024.

The figure is up 38.3% on the previous year and down 2.6% over ten years.

Over the whole period, deposit interest rate in Albania peaked at 27.3% in 1993 and was at its lowest, 0.4%, in 2020.

That places Albania 110th out of 152 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.1% 12.9% 27.3% 8
2000s 6.9% 5.1% 8.5% 10
2010s 2.8% 0.5% 6.4% 10
2020s 1.0% 0.4% 1.9% 5

Countries ranked near Albania

  1. 107 Comoros 2.1% compare
  2. 108 Belize 2.0% compare
  3. 109 Bosnia and Herzegovina 1.9% compare
  4. 111 Algeria 1.8% compare
  5. 112 Fiji 1.7% compare
  6. 113 Kyrgyzstan 1.7% compare

See the full ranking of 152 places →

More financial sector data for Albania

All data for Albania →

Frequently asked questions

What is deposit interest rate in Albania?
Deposit interest rate in Albania was 1.9% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest deposit interest rate recorded in Albania?
The highest recorded value was 27.3% in 1993.
What is the lowest deposit interest rate recorded in Albania?
The lowest recorded value was 0.4% in 2020.
How does Albania rank for deposit interest rate?
Albania ranks 110th out of 152 countries with data for 2024.
Is deposit interest rate rising or falling in Albania?
Over the last ten years it is down 2.6%. The long-run trend across the full record is volatile.
Where does this Albania data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Deposit interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 4,967 data points, 1960–2025
Last refreshed

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.