Exports of Services (BoP, USD) rose 22.3% to USD 3.24 bil in Albania in 2017

Exports of Services (BoP, USD) (USD bil)
Economy | Albania | May 17, 2019
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Exports of services as a part of balance of payment reached 3.24 USD bil in 2017 in Albania, according to the National Statistical Office. This is 22.3 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Albania reached an all time high of 3.24 USD bil in 2017 and an all time low of 0.008 USD bil in 1997. When compared to Albania's main peers, exports of services as a part of balance of payment in Greece amounted to 38.4 USD bil, 1.53 USD bil in Kosovo, 1.63 USD bil in Macedonia and 1.57 USD bil in Montenegro in 2017.

Albania has been ranked 92nd within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 10 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

Exports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania USD bil 2.81 2.43 2.28 2.49 2.25
Bosnia and Herzegovina USD bil 1.69 1.58 1.62 1.66 1.57
Bulgaria USD bil 7.46 7.40 7.81 9.02 7.73
Croatia USD bil 13.2 12.3 13.0 13.6 12.5
Greece USD bil 40.2 35.3 37.2 41.3 35.1
Kosovo USD bil 1.15 1.14 1.16 1.23 1.06
Macedonia USD bil 1.46 1.37 1.53 1.73 1.53
Montenegro USD bil 1.27 1.20 1.32 1.37 1.35
Serbia USD bil 4.21 3.97 4.55 5.04 4.74
Turkey USD bil 41.3 43.6 48.2 51.9 47.0