Adjusted savings: gross savings in Albania
Albania: Adjusted savings: gross savings was 19.6% in 2021. ◆ Volatile
Adjusted savings: gross savings in Albania, 1984–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Albania stood at 19.6%.
That represents a change of up 42.5% on the previous year and down 4.8% over ten years.
Over the whole period, adjusted savings: gross savings in Albania peaked at 29.5% in 2005 and was at its lowest, -12.7%, in 1992.
Albania ranks 107th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Albania, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 27.8% | — |
| 1985 | 28.4% | +2.3% |
| 1986 | 28.2% | -0.5% |
| 1987 | 26.1% | -7.7% |
| 1988 | 23.7% | -9.0% |
| 1989 | 26.8% | +13.1% |
| 1990 | 18.8% | -29.9% |
| 1991 | -11.2% | -159.4% |
| 1992 | -12.7% | +13.5% |
| 1993 | 10.9% | -186.0% |
| 1994 | 3.1% | -71.7% |
| 1995 | 16.1% | +420.4% |
| 1996 | 15.8% | -1.8% |
| 1997 | 5.5% | -65.5% |
| 1998 | 16.8% | +208.8% |
| 1999 | 14.6% | -13.5% |
| 2000 | 25.1% | +72.7% |
| 2001 | 28.0% | +11.5% |
| 2002 | 24.9% | -11.2% |
| 2003 | 25.6% | +2.7% |
| 2004 | 28.7% | +12.3% |
| 2005 | 29.5% | +2.8% |
| 2006 | 28.2% | -4.3% |
| 2007 | 23.3% | -17.5% |
| 2008 | 17.6% | -24.3% |
| 2009 | 17.6% | -0.1% |
| 2010 | 20.2% | +14.5% |
| 2011 | 20.5% | +1.8% |
| 2012 | 19.8% | -3.7% |
| 2013 | 17.4% | -11.8% |
| 2014 | 15.8% | -9.5% |
| 2015 | 16.7% | +5.6% |
| 2016 | 16.8% | +0.7% |
| 2017 | 16.5% | -1.7% |
| 2018 | 16.6% | +0.5% |
| 2019 | 14.6% | -12.0% |
| 2020 | 13.7% | -5.9% |
| 2021 | 19.6% | +42.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.8% | 23.7% | 28.4% | 6 |
| 1990s | 7.8% | -12.7% | 18.8% | 10 |
| 2000s | 24.9% | 17.6% | 29.5% | 10 |
| 2010s | 17.5% | 14.6% | 20.5% | 10 |
| 2020s | 16.6% | 13.7% | 19.6% | 2 |
Countries ranked near Albania
More economy & growth data for Albania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 5,739 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 16.59 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 12,157 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 7.88 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 99.53 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 1.13 million current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.47 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Albania?
- Adjusted savings: gross savings in Albania was 19.6% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Albania?
- The highest recorded value was 29.5% in 2005.
- What is the lowest adjusted savings: gross savings recorded in Albania?
- The lowest recorded value was -12.7% in 1992.
- How does Albania rank for adjusted savings: gross savings?
- Albania ranks 107th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Albania?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is volatile.
- Where does this Albania data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.