Mortgage loans as a share of GDP reached 8.19 % in 2018 in Albania, according to the National Central Bank. This is 5.64 % less than in the previous year.
Historically, mortgage loans as a share of GDP in Albania reached an all time high of 10.2 % in 2011 and an all time low of 1.36 % in 2004.
Albania has been ranked 10th within the group of 20 countries we follow in terms of mortgage loans as a share of GDP, 33 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.