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Albania - Income payments
Income payments (BoP, current US$) in Albania was reported at 244450000 USD in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.
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Income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Income derived from the use of intangible assets is excluded from income and recorded under business services. Data are in current U.S. dollars.
Albania | Economy & Growth
2005 PPP conversion factor, GDP (LCU per international $)
43.64
2005 PPP conversion factor, private consumption (LCU per international $)
55.65
Trade in services (% of GDP)
37.27
%
Communications, computer, etc. (% of service imports, BoP)
13.36
%
Income payments
244450000
USD
Imports of goods and services
5441930000
USD
Insurance and financial services (% of service imports, BoP)
2.14
%
Goods imports
3670740000
USD
Service imports
1771190000
USD
Royalty and license fees, payments
23010000
USD
Imports of goods, services and income
5686380000
USD
Transport services (% of service imports, BoP)
13.24
%
Travel services (% of service imports, BoP)
71.26
%
Foreign direct investment, net outflows
27500000
USD
Foreign direct investment, net outflows (% of GDP) WDI
0.2318
%
Private current transfers; payments (BoP; current US$)
154610000
USD
Workers' remittances and compensation of employees, paid
147130000
USD
Current account balance
0
USD
Current account balance (% of GDP)
-9.63
%
Net financial account
0
USD
Net income
0
USD
Net trade in goods and services
0
USD
Net trade in goods
0
USD
Net errors and omissions, adjusted
332590000
USD
Foreign direct investment, net
0
USD
Private capital flows; total (BoP; current US$)
1411942063
Private capital flows; total (% of GDP)
11.91
%
Portfolio investment, excluding LCFAR
220170000
USD
Changes in net reserves
-3.92
USD
Net current transfers
908070000
USD
Net capital account
71980000
USD
Grants; excluding technical cooperation (BoP; current US$)
113470000
USD
Technical cooperation grants (BoP; current US$)
182820000
USD
ICT service exports
327390000
USD
ICT service exports (% of service exports, BoP)
12.35
%
Communications, computer, etc. (% of service exports, BoP)
28.14
%
Income receipts
195900000
USD
Exports of goods and services
3439970000
USD
Exports of goods, services, income and workers' remittances
5524284209
USD
Insurance and financial services (% of service exports, BoP)
0.3638
%
Goods exports
789170000
USD
Service exports
2650800000
USD
Royalty and license fees, receipts
2700000
USD
Exports of goods, services and income
3635870000
USD
Transport services (% of service exports, BoP)
7.64
%
Travel services (% of service exports, BoP)
63.86
%
Foreign direct investment, net inflows
1087540000
USD
Foreign direct investment, net inflows (% of GDP)
9.17
%
Profit remittances on FDI
131820000
USD
Portfolio equity, net inflows
6720000
USD
Current transfers, receipts
1063870000
USD
Workers' remittances, receipts
996260000
USD
Workers' remittances and compensation of employees, received
1051220000
USD
Workers' remittances and compensation of employees, received (% of GDP)
8.86
%
CPI Price, nominal
115
CPI Price, nominal, seas. adj.
116
CPI Price, % y-o-y, nominal, seas. adj.
1.82
%
Imports Merchandise, Customs, current US$, millions
4668
Imports Merchandise, Customs, constant US$, millions
4104
Imports Merchandise, Customs, Price, US$
1.05
Imports Merchandise, Customs, current US$, millions, seas. adj.
4670
Imports Merchandise, Customs, constant US$, millions, seas. adj.
4106
Imports Merchandise, Customs, Price, US$, seas. adj.
1.05
Official exchange rate, LCU per USD, period average
120
Exchange rate, new LCU per USD extended backward, period average
120
Exchange rate, old LCU per USD extended forward, period average
120
External debt stocks, total
8437141000
USD
External debt stocks (% of exports of goods, services and income)
232
%
External debt stocks (% of GNI)
71.03
%
Short-term debt (% of total reserves)
60.88
%
Short-term debt (% of exports of goods, services and income)
52.05
%
Present value of external debt
3824298851
USD
Present value of external debt (% of exports of goods, services and income)
105
%
Present value of external debt (% of GNI)
32.2
%
Interest payments on external debt (% of exports of goods, services and income)
2.59
%
Interest payments on external debt (% of GNI)
0.7917
%
Total debt service (% of exports of goods, services and income)
15.24
%
Total debt service (% of GNI)
4.75
%
Exports Merchandise, Customs, current US$, millions
1961
Exports Merchandise, Customs, current US$, millions, seas. adj.
1961
Total reserves (includes gold, current US$)
3108606804
Total reserves minus gold
3050640800
USD
Inflation, consumer prices (annual %)
1.28
%
Central government debt, total (% of GDP)
80.72
%
Revenue, excluding grants (% of GDP)
24.27
%
Expense (% of GDP)
23.95
%
Foreign Reserves, Months Import Cover, Goods
0.6654
General government final consumption expenditure
1320934519
USD
General government final consumption expenditure (current LCU)
163982000000
LCU
General government final consumption expenditure (constant 2000 US$)
1506592214
USD
General government final consumption expenditure (annual % growth)
3.78
%
General government final consumption expenditure (constant LCU)
34527425600
LCU
General government final consumption expenditure (% of GDP)
11.13
%
Household final consumption expenditure, etc.
9315566576
USD
Household final consumption expenditure, etc. (current LCU)
1156442818800
LCU
Household final consumption expenditure, etc. (constant 2000 US$)
9952609645
USD
Household final consumption expenditure, etc. (annual % growth)
-0.642
%
Household final consumption expenditure, etc. (constant LCU)
569007697600
LCU
Household final consumption expenditure, etc. (% of GDP)
78.52
%
Household final consumption expenditure
9674866041
USD
Household final consumption expenditure (current LCU)
1201046577700
LCU
Household final consumption expenditure (constant 2000 US$)
10265708379
USD
Household final consumption expenditure (annual % growth)
2.88
%
Household final consumption expenditure (constant LCU)
546228804300
LCU
Household final consumption expenditure per capita (constant 2000 US$)
3569
USD
Household final consumption expenditure per capita growth (annual %)
3.04
%
Household final consumption expenditure, PPP (current international $)
22260904672
Household final consumption expenditure, PPP (constant 2005 international $)
19838332870
Final consumption expenditure, etc.
10636501095
USD
Final consumption expenditure, etc. (current LCU)
1320424818800
LCU
Final consumption expenditure, etc. (constant 2000 US$)
11400754535
USD
Final consumption expenditure, etc. (annual % growth)
-0.3992
%
Final consumption expenditure, etc. (constant LCU)
603535123100
LCU
Final consumption expenditure, etc. (% of GDP)
89.65
%
Final consumption expenditure
10995800560
USD
Final consumption expenditure (current LCU)
1365028577700
LCU
Final consumption expenditure (constant 2000 US$)
11766648739
USD
Final consumption expenditure (constant LCU)
545218923100
LCU
Gross national expenditure deflator (base year varies by country)
206
Gross national expenditure
13862989855
USD
Gross national expenditure (current LCU)
1720964037300
LCU
Gross national expenditure (constant 2000 US$)
15041084754
USD
Gross national expenditure (constant LCU)
836456996700
LCU
Gross national expenditure (% of GDP)
117
%
Exports of goods and services
3437166961
USD
Exports of goods and services (current LCU)
426693000000
LCU
Exports of goods and services (constant 2000 US$)
4184986870
USD
Exports of goods and services (annual % growth)
12.98
%
Exports of goods and services (constant LCU)
417878801500
LCU
Exports of goods and services (% of GDP)
28.97
%
Gross fixed capital formation; private sector (current LCU)
287843158400
LCU
Gross fixed capital formation; private sector (% of GDP)
20.63
%
Gross fixed capital formation
3007293092
USD
Gross fixed capital formation (current LCU)
373328071000
LCU
Gross fixed capital formation (constant 2000 US$)
3414502380
USD
Gross fixed capital formation (annual % growth)
5.98
%
Gross fixed capital formation (constant LCU)
232921873600
LCU
Gross fixed capital formation (% of GDP)
25.35
%
Changes in inventories
204216504
USD
Changes in inventories (current LCU)
25723274200
LCU
Changes in inventories (constant LCU)
0
LCU
Gross capital formation
3226488760
USD
Gross capital formation (current LCU)
400539218500
LCU
Gross capital formation (constant 2000 US$)
3640330219
USD
Gross capital formation (annual % growth)
5.98
%
Gross capital formation (constant LCU)
232921873600
LCU
Gross capital formation (% of GDP)
27.2
%
Imports of goods and services
5436290838
USD
Imports of goods and services (current LCU)
674866037300
LCU
Imports of goods and services (constant 2000 US$)
6200125174
USD
Imports of goods and services (annual % growth)
7.38
%
Imports of goods and services (constant LCU)
493819983500
LCU
Imports of goods and services (% of GDP)
45.82
%
External balance on goods and services
-6.98
USD
External balance on goods and services (current LCU)
0
LCU
External balance on goods and services (constant LCU)
-8.98
LCU
External balance on goods and services (% of GDP)
-6.85
%
Trade (% of GDP)
74.79
%
Agriculture, value added
2380135196
USD
Agriculture, value added (current LCU)
295472125300
LCU
Agriculture, value added (constant 2000 US$)
2474578836
USD
Agriculture, value added (annual % growth)
0.68
%
Agriculture, value added (constant LCU)
200092212500
LCU
Agriculture, value added (% of GDP)
22.89
%
Manufacturing, value added
670374997
USD
Manufacturing, value added (current LCU)
83220955500
LCU
Manufacturing, value added (constant 2000 US$)
683394400
USD
Manufacturing, value added (annual % growth)
0.15
%
Manufacturing, value added (constant LCU)
84605468300
LCU
Manufacturing, value added (% of GDP)
6.45
%
Industry, value added
2467278695
USD
Industry, value added (current LCU)
306290197800
LCU
Industry, value added (constant 2000 US$)
2939180899
USD
Industry, value added (annual % growth)
3.18
%
Industry, value added (constant LCU)
181609995700
LCU
Industry, value added (% of GDP)
23.73
%
Chemicals (% of value added in manufacturing)
3.84
%
Food, beverages and tobacco (% of value added in manufacturing)
15.64
%
Machinery and transport equipment (% of value added in manufacturing)
1.8
%
Other manufacturing (% of value added in manufacturing)
48.65
%
Textiles and clothing (% of value added in manufacturing)
30.08
%
Services, etc., value added
5548511196
USD
Services, etc., value added (current LCU)
688797173500
LCU
Services, etc., value added (constant 2000 US$)
6097677477
USD
Services, etc., value added (annual % growth)
5.1
%
Services, etc., value added (constant LCU)
338483072600
LCU
Services, etc., value added (% of GDP)
53.37
%
Adjusted savings: education expenditure
362507138
USD
Adjusted savings: education expenditure (% of GNI)
3.23
%
Adjusted savings: carbon dioxide damage
51274331
USD
Adjusted savings: carbon dioxide damage (% of GNI)
1.31
%
Adjusted savings: net forest depletion
9451633
USD
Adjusted savings: net forest depletion (% of GNI)
0.0841
%
Adjusted savings: consumption of fixed capital
1135235281
USD
Adjusted savings: consumption of fixed capital (% of GNI)
10.11
%
Adjusted savings: mineral depletion
11600912
USD
Adjusted savings: mineral depletion (% of GNI)
0.1033
%
Adjusted savings: energy depletion
108481461
USD
Adjusted savings: energy depletion (% of GNI)
0.9657
%
Adjusted savings: particulate emission damage
25769595
USD
Adjusted savings: particulate emission damage (% of GNI)
0.2294
%
Adjusted savings: natural resources depletion (% of GNI)
1.15
%
Adjusted savings: gross savings (% of GNI)
15.96
%
Adjusted savings: net national savings
657885183
USD
Adjusted savings: net national savings (% of GNI)
5.86
%
Adjusted net national income
9968356918
USD
Adjusted net national income (constant 2000 US$)
11107066337
USD
Adjusted net national income (annual % growth)
3.59
%
Adjusted net national income per capita
3460
USD
Adjusted net national income per capita (constant 2010 US$)
3856
USD
Adjusted net national income per capita (annual % growth)
3.89
%
Adjusted net savings, including particulate emission damage
717528603
USD
Adjusted net savings, including particulate emission damage (% of GNI)
6.39
%
Adjusted net savings, excluding particulate emission damage
743298198
USD
Adjusted net savings, excluding particulate emission damage (% of GNI)
6.62
%
Exports as a capacity to import (constant LCU)
312224232031
LCU
Inflation, GDP deflator (annual %)
-0.2117
%
GDP deflator (base year varies by country)
194
Discrepancy in expenditure estimate of GDP (current LCU)
-10
LCU
Discrepancy in expenditure estimate of GDP (constant LCU)
22778893300
LCU
Gross value added at factor cost
10395925086
USD
Gross value added at factor cost (current LCU)
1290559496500
LCU
Gross value added at factor cost (constant 2000 US$)
11514062901
USD
Gross value added at factor cost (constant LCU)
720185280800
LCU
GDP
11863865978
USD
GDP (current LCU)
1472791000000
LCU
GDP at market prices: linked series (current LCU)
1472791000000
LCU
GDP (constant 2000 US$)
13474438372
USD
GDP growth (annual %)
3.37
%
GDP (constant LCU)
760515814700
LCU
GDP, PPP (current international $)
34126380441
GDP, PPP (constant 2005 international $)
32669916445
GDP per capita
4125
USD
GDP per capita (current LCU)
512079
LCU
GDP per capita (constant 2000 US$)
4685
USD
GDP per capita growth (annual %)
3.54
%
GDP per capita (constant LCU)
264426
LCU
GDP per capita, PPP (current international $)
11866
GDP per capita, PPP (constant 2011 international $)
11359
Gross domestic savings
1227364883
USD
Gross domestic savings (current LCU)
152366181200
LCU
Gross domestic savings (% of GDP)
10.35
%
Gross domestic income (constant LCU)
654861245231
LCU
GNI, Atlas method
12009983567
USD
GNI
11671282309
USD
GNI (current LCU)
1448883490000
LCU
GNI (constant 2000 US$)
13266836747
USD
GNI growth (annual %)
2.74
%
GNI (constant LCU)
748895813596
LCU
GNI, PPP (current international $)
33572414005
GNI, PPP (constant 2011 international $)
32170970980
GNI per capita, Atlas method
4180
USD
GNI per capita (current LCU)
503767
LCU
GNI per capita (constant 2000 US$)
4613
USD
GNI per capita growth (annual %)
2.9
%
GNI per capita (constant LCU)
260386
LCU
GNI per capita, PPP (current international $)
11670
GNI per capita, PPP (constant 2011 international $)
11186
Gross savings
1942851214
USD
Gross savings (current LCU)
241187298263
LCU
Gross savings (% of GNI)
16.65
%
Gross savings (% of GDP)
16.38
%
Net income from abroad
-9.04
USD
Net income from abroad (current LCU)
0
LCU
Net income from abroad (constant LCU)
1430000000
LCU
Net taxes on products
1467941518
USD
Net taxes on products (current LCU)
182231581200
LCU
Net taxes on products (constant LCU)
40330533900
LCU
Net current transfers from abroad
907892783
USD
Net current transfers from abroad (current LCU)
112706627200
LCU
Net current transfers from abroad (constant LCU)
69842541396
LCU
Terms of trade adjustment (constant LCU)
-9.34
LCU
DEC alternative conversion factor (LCU per US$)
124
PPP conversion factor, GDP (LCU per international $)
43.16
PPP conversion factor (GDP) to market exchange rate ratio
0.3476
PPP conversion factor, private consumption (LCU per international $)
53.95
Total Reserves
3108
Related
Albania Remittances at 172.34 EUR Million
Albania - Credit Rating at 35.00
Albania Fiscal Expenditure at 63854.00 ALL Million
Albania Government Revenues at 67555.00 ALL Million
Albania Government Budget Value at 3702.00 ALL Million
Albania GDP Annual Growth Rate at 3.36 percent
Albania GDP Growth Rate at 0.65 percent
Albania Bank Lending Rate at 4.35 percent
Albania Government Spending To Gdp at 29.70 percent
Albania Cpi Housing Utilities at 104.00 Index Points
Albania GDP per capita PPP at 11424.63 USD
Albania GDP per capita at 4711.99 USD
Albania GDP at 11.93 USD Billion
Albania Harmonised Consumer Prices at 108.20 Index Points
Albania Exports at 27044.00 ALL Million
Albania Imports at 55158.00 ALL Million
Albania Balance of Trade at -28114.00 ALL Million
Albania Terrorism Index at 1.49
Albania Consumer Spending at 266063.00 ALL Million
Albania Changes in Inventories at 128787.00 ALL Million
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