Flag of Albania Albania

Wireless payment

Digitalization

Internet usage (of pop.)
80%
Did online shopping (age 15+)
15 – 19%
Paid bills via internet (age 15+)
11 – 13%
Accessed a bank account online (age 15+)
12 – 15%
Paid utility bills using a mobile phone (age 15+)
2 – 3%
Made or received digital payments (age 15+)
43 – 48%

Data overview for Albania

Wireless payment

Digitalization

Internet usage (of pop.)
80%
Did online shopping (age 15+)
15 – 19%
Paid bills via internet (age 15+)
11 – 13%
Accessed a bank account online (age 15+)
12 – 15%
Paid utility bills using a mobile phone (age 15+)
2 – 3%
Made or received digital payments (age 15+)
43 – 48%
Business chart

Macro data

Population 2020
2.8M
GDP Total 2020
14.2B
GDP per capita 2020 (PPP)
12,700
GDP forecast 2021
5.7%
Trade Flows (% of GDP)
56.1%
Cash increase

Banking data

Total bank assets 2020
12.8B
Total bank assets 2020/GDP
98%
Account ownership (age 15+)
54 – 60%
Debit card ownership (age 15+)
36 – 39%
Coin in hand

Economic data

Unemployment
11.3%
Currency
ALL
Remittances (% of GDP)
9.7%
Private Consumption (yoy)
4.8%

Data provided by Raiffeisen Research, Sources

Albania compared to other CEE countries

Data provided by Raiffeisen Research, Sources

See all CEE countries