GDP in Albania

Albania GDP | Economic News & Forecasts

Albania - GDP

Leading indicators suggest that the pace of economic growth moderated in Q2, on the heels of a top-notch performance in Q1. On the external side, weak exports growth in June is expected to offset a jump in tourist arrivals in the month and could weigh on the external sector’s quarterly contribution. Moreover, economic sentiment across the domestic economy was mixed in the quarter. Notably, consumer confidence edged up while confidence in the services sector plummeted from its multi-year high in Q1 on weaker demand. Meanwhile, confidence in the construction sector once again trended upwards, an early indication that heavy FDI inflows into the energy sector’s infrastructure projects continued in earnest through the end of H1.

Albania - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)1.4  1.0  1.8  2.2  3.4  

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Albania GDP Chart

Albania GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Institute of Statistics

Albania Facts

Exchange Rate112.5-0.46 %Aug 16

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