Remittances in Albania decreased to 250.68 EUR Million in the first quarter of 2025 from 272.78 EUR Million in the fourth quarter of 2024. This dataset provides - Albania Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittance inflows to GDP (%) in Albania was reported at 9.6881 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Remittance inflows to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Albania BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 8.647 % in 2023. This records a decrease from the previous number of 9.177 % for 2022. Albania BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 13.526 % from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 28.009 % in 1993 and a record low of 8.647 % in 2023. Albania BOP: Current Account: Personal Remittances: Received: % of GDP 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: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.;World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.;Weighted average;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Personal remittances, received (% of GDP) in Albania was reported at 8.3688 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Workers' remittances and compensation of employees, received (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Albania BOP: Current Account: Personal Remittances: Received data was reported at 2.036 USD bn in 2023. This records an increase from the previous number of 1.745 USD bn for 2022. Albania BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 1.298 USD bn from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 2.036 USD bn in 2023 and a record low of 151.800 USD mn in 1992. Albania BOP: Current Account: Personal Remittances: Received 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: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Personal remittances, received of Albania jumped by 11.70% from 2,036,169,283 US dollars in 2023 to 2,274,440,594 US dollars in 2024. Since the 0.46% reduction in 2020, personal remittances, received shot up by 55.15% in 2024. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Albania BoP: CU: Secondary Income: Others: Workers Remittances: Credit data was reported at 262.410 EUR mn in Sep 2024. This records a decrease from the previous number of 268.040 EUR mn for Jun 2024. Albania BoP: CU: Secondary Income: Others: Workers Remittances: Credit data is updated quarterly, averaging 171.190 EUR mn from Mar 2008 (Median) to Sep 2024, with 67 observations. The data reached an all-time high of 268.040 EUR mn in Jun 2024 and a record low of 118.430 EUR mn in Mar 2014. Albania BoP: CU: Secondary Income: Others: Workers Remittances: Credit data remains active status in CEIC and is reported by Bank of Albania. The data is categorized under Global Database’s Albania – Table AL.JB001: BPM6: Balance of Payments.

Albania BOP: Current Account: Personal Remittances: Paid data was reported at 178.277 USD mn in 2023. This records an increase from the previous number of 149.490 USD mn for 2022. Albania BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 147.157 USD mn from Dec 2003 (Median) to 2023, with 21 observations. The data reached an all-time high of 279.685 USD mn in 2008 and a record low of 4.136 USD mn in 2003. Albania BOP: Current Account: Personal Remittances: Paid 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: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.;World Bank staff estimates based on IMF balance of payments data.;Sum;Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

2,27,44,40,594 (US dollars) in 2024. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

Account used to receive remittances (% age 15+) in Albania was reported at 4.6052 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Account used to receive remittances (% age 15+) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Personal transfers, receipts (BoP, current US$) in Albania was reported at 1555198485 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Workers' remittances, receipts (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Personal remittances, paid (current US$) in Albania was reported at 205314881 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Workers' remittances and compensation of employees, paid - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Personal remittances, received (current US$) in Albania was reported at 2274440594 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Workers' remittances and compensation of employees, received - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Albania BoP: CU: Secondary Income: Others: Workers Remittances: Debit data was reported at 0.000 EUR mn in Sep 2024. This stayed constant from the previous number of 0.000 EUR mn for Jun 2024. Albania BoP: CU: Secondary Income: Others: Workers Remittances: Debit data is updated quarterly, averaging 0.210 EUR mn from Mar 2008 (Median) to Sep 2024, with 67 observations. The data reached an all-time high of 3.200 EUR mn in Sep 2010 and a record low of 0.000 EUR mn in Sep 2024. Albania BoP: CU: Secondary Income: Others: Workers Remittances: Debit data remains active status in CEIC and is reported by Bank of Albania. The data is categorized under Global Database’s Albania – Table AL.JB001: BPM6: Balance of Payments.

Albania BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Debit data was reported at 0.000 USD mn in 2022. This records a decrease from the previous number of 0.096 USD mn for 2021. Albania BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Debit data is updated yearly, averaging 0.000 USD mn from Dec 1980 (Median) to 2022, with 42 observations. The data reached an all-time high of 8.842 USD mn in 2010 and a record low of 0.000 USD mn in 2022. Albania BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Debit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Albania – Table AL.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Albania BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Credit data was reported at 1.003 USD bn in 2023. This records an increase from the previous number of 875.022 USD mn for 2022. Albania BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Credit data is updated yearly, averaging 629.165 USD mn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 1.305 USD bn in 2007 and a record low of 0.000 USD mn in 1991. Albania BoP: Current Account: Secondary Income: Financial Corporations, Non Financial Corporations, Households & NPISHs: Personal Transfers: ow Workers Remittances: Credit data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Albania – Table AL.IMF.BOP: BPM6: Balance of Payments: Detailed Presentation: Annual.

Public and publicly guaranteed debt service (% of exports of goods, services and primary income) in Albania was reported at 4.6061 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Public and publicly guaranteed debt service (% of exports, excluding workers' remittances) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Debt service (PPG and IMF only, % of exports of goods, services and primary income) in Albania was reported at 6.0001 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Albania - Debt service (PPG and IMF only, % of exports, excluding workers' remittances) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

While Albania 's performance has been impressive, there are concerns about the sustainability of high rates of economic growth in the future. The evidence from the growth accounting exercise indicates that total factor productivity growth from post-transition reallocation is gradually coming to an end. At the same time, the contribution of capital accumulation has only picked up modestly. This suggests that in order to sustain high GDP growth going forward, Albania must seek to raise its investment and, secondary school enrollment rates, increase the degree of trade integration, and improve institutional quality (governance). Worryingly, total factor productivity growth has slowed significantly in recent years while the contribution of factor accumulation was negligible. Neither remittances nor earnings from illegal activities constitute a solid basis for long-term economic development. There are signs, already, of a decelerating trend in the level of remittances. Furthermore, there are concerns about the financing of the country's investment needs over the medium term. The likelihood that Albania's access to concessional financing sources will decline, as well as expectations for dwindling external support and inflows from abroad, presents major risk factors that must be mitigated with the help of the donor community.

Albania: Remesas, en millones de USD: Para ese indicador, proporcionamos datos para Albania de 1992 a 2023. El valor medio para Albania durante ese período fue de 1117.56 million U.S. dollars con un mínimo de 151.8 million U.S. dollars en 1992 y un máximo de 1970 million U.S. dollars en 2023. El último dato de 2023 es 1970 million U.S. dollars. A modo de comparación, el promedio mundial en 2023 basado en 184 países es de 4590.03 million U.S. dollars.