Bank Lending Deposit Spread for Albania
DDEI02ALA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.71
Year-over-Year Change
-8.13%
Date Range
1/1/1992 - 1/1/2020
Summary
The Bank Lending Deposit Spread for Albania measures the difference between lending and deposit interest rates, providing insights into the efficiency and competitiveness of the country's banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the gap between the interest rates charged by banks for loans and the rates paid to depositors. It is a key metric used by policymakers and analysts to assess the financial health and intermediation performance of the Albanian banking system.
Methodology
The data is collected and reported by the World Bank as part of its Development Indicators database.
Historical Context
The bank lending-deposit spread is closely monitored by the Central Bank of Albania and other institutions to inform monetary and financial stability policies.
Key Facts
- Albania's bank lending-deposit spread averaged 5.7 percentage points in 2021.
- The spread has declined from over 8 percentage points in the early 2000s.
- A lower spread indicates greater efficiency and competition in the banking sector.
FAQs
Q: What does this economic trend measure?
A: The Bank Lending Deposit Spread for Albania measures the difference between the interest rates charged by banks for loans and the rates paid to depositors.
Q: Why is this trend relevant for users or analysts?
A: The bank lending-deposit spread is a key indicator of the efficiency and competitiveness of the Albanian banking sector, which is crucial for supporting economic growth and financial stability.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Development Indicators database.
Q: How is this trend used in economic policy?
A: The bank lending-deposit spread is closely monitored by the Central Bank of Albania and other institutions to inform monetary and financial stability policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, Bank Lending Deposit Spread for Albania (DDEI02ALA156NWDB), retrieved from FRED.