Albania: Financial institutions development, access

* indicates monthly or quarterly data series
 Albania

Financial institutions development, access

 Latest value 0.373
 Year 2021
 Measure index points
 Data availability 1992 - 2021
 Average 0.258
 Min - Max 0.071 - 0.440
 Source International Monetary Fund
 Available for Data download
The latest value from 2021 is 0.373 index points, an increase from 0.357 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Albania from 1992 to 2021 is 0.258 index points. The minimum value, 0.071 index points, was reached in 1996 while the maximum of 0.44 index points was recorded in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Albania: Financial institutions development, access
 2021 0.373
 2020 0.357
 2019 0.352
 2018 0.365
 2017 0.383
 2016 0.405
 2015 0.414
 2014 0.412




Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.203 2021 index points
 Financial institutions development 0.391 2021 index points
 Financial institutions development, depth 0.125 2021 index points
 Financial institutions development, access 0.373 2021 index points
 Financial institutions development, efficiency 0.650 2021 index points
 Financial markets development 0.008 2021 index points
 Financial markets development, depth 0.022 2021 index points
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