Current Account in Albania

Albania Current Account | Economic News & Forecasts

Albania - Current Account

The economy powered ahead in Q3, propelled by strong electricity generation due to favorable weather. Looking at GDP by expenditure, private consumption and fixed investment were robust, with the former boosted by lower unemployment. Solid momentum was likely maintained in Q4, with brisk annual merchandise export growth in October and November. On the political front, the government recently announced an over-8% increase in the minimum wage for 2019, while the PM reshuffled his cabinet in response to student protests.

Albania - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-9.3  -10.8  -8.6  -7.6  -6.9  

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Albania Current Account Chart


Albania Current Account
Note: Current account balance as % of GDP.
Source: Bank of Albania

Albania Facts

ValueChangeDate
Exchange Rate109.2-0.56 %Jan 16
Stock Market0.10.0 %Jan 16

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