GDP in Albania
Albania - GDPData released in April showed that quarterly economic growth hit an over two-year high in Q4 2016 (+4.0% year-on-year), pushing overall 2016 GDP growth to a six-year record. The strong year-end result was due to a thriving tourism sector and remarkable export growth, and the momentum of both carried over into Q1. Monthly trade data for March showed double-digit export growth for a sixth consecutive month, while tourist arrivals were also on the rise in both February and March. The opposition Democratic Party has vowed to boycott the 18 June parliamentary elections, though officials from the European Union—which is considering Albania’s membership to the bloc—have urged all parties to participate.
Albania - GDP Data
|Economic Growth (GDP, annual variation in %)||2.5||1.4||1.0||1.8||2.6|
5 years of economic forecasts for more than 30 economic indicators.
Albania GDP Chart
Source: Institute of Statistics
|Exchange Rate||124.0||0.34 %||May 10|
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