GDP in Albania
Albania - GDPThe 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 - GDP Data
|Economic Growth (GDP, annual variation in %)||1.0||1.8||2.2||3.4||3.8|
5 years of economic forecasts for more than 30 economic indicators.
Albania GDP Chart
Source: Institute of Statistics
|Exchange Rate||108.6||-0.56 %||Jan 30|
|Stock Market||0.1||0.0 %||Jan 30|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.