Fiscal Balance in Albania
Albania - Fiscal BalanceThe 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 - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-5.0||-5.2||-4.1||-1.8||-2.0|
5 years of economic forecasts for more than 30 economic indicators.
Source: Ministry of Finance of the Republic of Albania
|Exchange Rate||109.2||-0.56 %||Jan 16|
|Stock Market||0.1||0.0 %||Jan 16|
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