Albania Interest Rates
Deposit Interest Rate
AL: Deposit Interest Rate data was reported at 1.347 % pa in 2023. This records an increase from the previous number of 0.731 % pa for 2022. AL: Deposit Interest Rate data is updated yearly, averaging 6.140 % pa from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 27.333 % pa in 1993 and a record low of 0.415 % pa in 2020. AL: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Interest Rates. 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.;International Monetary Fund, International Financial Statistics and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1.347 2023 | yearly | 1992 - 2023 |
View Albania's Deposit Interest Rate from 1992 to 2023 in the chart:
Interest Rate Spread
AL: Interest Rate Spread data was reported at 5.004 % pa in 2023. This records a decrease from the previous number of 5.776 % pa for 2022. AL: Interest Rate Spread data is updated yearly, averaging 5.888 % pa from Dec 1992 (Median) to 2023, with 31 observations. The data reached an all-time high of 13.800 % pa in 2000 and a record low of 2.083 % pa in 1992. AL: Interest Rate Spread data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Interest Rates. Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.;International Monetary Fund, International Financial Statistics and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 5.004 2023 | yearly | 1992 - 2023 |
View Albania's Interest Rate Spread from 1992 to 2023 in the chart:
Lending Interest Rate
AL: Lending Interest Rate data was reported at 6.352 % pa in 2023. This records a decrease from the previous number of 6.507 % pa for 2022. AL: Lending Interest Rate data is updated yearly, averaging 11.762 % pa from Dec 1986 (Median) to 2023, with 37 observations. The data reached an all-time high of 32.708 % pa in 1997 and a record low of 1.000 % pa in 1991. AL: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 6.352 2023 | yearly | 1986 - 2023 |
View Albania's Lending Interest Rate from 1986 to 2023 in the chart:
Real Interest Rate
AL: Real Interest Rate data was reported at 1.720 % pa in 2023. This records an increase from the previous number of -3.058 % pa for 2022. AL: Real Interest Rate data is updated yearly, averaging 7.272 % pa from Dec 1986 (Median) to 2023, with 37 observations. The data reached an all-time high of 19.299 % pa in 1997 and a record low of -63.787 % pa in 1992. AL: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.;;
| Last | Frequency | Range |
|---|---|---|
| 1.720 2023 | yearly | 1986 - 2023 |
View Albania's Real Interest Rate from 1986 to 2023 in the chart:
Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate
AL: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data was reported at 3.388 % pa in 2023. This records a decrease from the previous number of 4.700 % pa for 2022. AL: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data is updated yearly, averaging 5.700 % pa from Dec 1994 (Median) to 2023, with 28 observations. The data reached an all-time high of 11.933 % pa in 2001 and a record low of 0.114 % pa in 1997. AL: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Albania – Table AL.World Bank.WDI: Interest Rates. Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the 'risk free' treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.;International Monetary Fund, International Financial Statistics database.;;
| Last | Frequency | Range |
|---|---|---|
| 3.388 2023 | yearly | 1994 - 2023 |