In 2018, credit card payments in Albania reached a total value of approximately 18 billion Albanian lek, an increase of several millions compared to previous years. For many markets in Central and Eastern Europe, the regulatory and financial support afforded by the European Union membership provided strong potential for sustained growth in the credit card market. For example, for the Czech Republic, the penetration of credit cards among people aged 25 and older was equal to approximately 28 percent in 2016. However, a relatively high penetration (in the context of the region) was also observed in two of the non-EU economies of the region: Russia and Ukraine. Some other countries are still lagging behind, for example Romania, with credit card penetration among 25 year-olds and older amounted to 12 percent as of 2016.
Total value of credit card payments in Albania from 2008 to 2018
(in million Albanian lek)
Characteristic
Total value in million Albanian lek
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Bank of Albania. (February 4, 2020). Total value of credit card payments in Albania from 2008 to 2018 (in million Albanian lek) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/751699/value-of-credit-card-payments-in-albania/
Bank of Albania. "Total value of credit card payments in Albania from 2008 to 2018 (in million Albanian lek)." Chart. February 4, 2020. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/751699/value-of-credit-card-payments-in-albania/
Bank of Albania. (2020). Total value of credit card payments in Albania from 2008 to 2018 (in million Albanian lek). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/751699/value-of-credit-card-payments-in-albania/
Bank of Albania. "Total Value of Credit Card Payments in Albania from 2008 to 2018 (in Million Albanian Lek)." Statista, Statista Inc., 4 Feb 2020, https://www.statista.com/statistics/751699/value-of-credit-card-payments-in-albania/
Bank of Albania, Total value of credit card payments in Albania from 2008 to 2018 (in million Albanian lek) Statista, https://www.statista.com/statistics/751699/value-of-credit-card-payments-in-albania/ (last visited September 01, 2024)
Total value of credit card payments in Albania from 2008 to 2018 (in million Albanian lek) [Graph], Bank of Albania, February 4, 2020. [Online]. Available: https://www.statista.com/statistics/751699/value-of-credit-card-payments-in-albania/