Current Account in Albania

Albania Current Account | Economic News & Forecasts

Albania - Current Account

The economy appeared to remain on firm footing in the final quarter of 2018, although growth likely slowed from Q3’s robust expansion. Weaker electricity output in the quarter likely weighed on growth, while brisk construction activity—as reflected in strong building permit growth in Q4—buttressed the expansion. Turning to Q1, merchandise exports fell in January, hampered by contractions in electricity, and construction materials and metals exports, while imports also declined in the month.

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

Exchange Rate110.7-0.56 %Mar 11
Stock Market0.10.0 %Mar 11

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