Interest Rate in Albania

Albania Interest Rate | Economic News & Forecasts

Albania - Interest Rate

The economy lost a step in the opening quarter of this year as growth slowed to a near four-year low. This reflected softer domestic demand as household expenditure eased, despite inflation edging down, while fixed investment moderated. Data for the second quarter, meanwhile, suggests a pick-up in growth from Q1’s lull. Tourist arrivals in Q2 jumped from the first quarter, boding well for exports of goods and services. That being said, the external sector likely limited the second-quarter’s economic expansion, as imports outpaced exports. This partly reflected still-anemic power generation dragging on exports—further underlined by robust energy imports—and a recovery in the construction sector as evidenced by rising construction material imports.

Albania - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)3.00  2.25  1.75  1.25  1.25  

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Albania Interest Rate Chart

Albania Interest Rate
Note: Policy Interest Rate in % (eop).
Source: Bank of Albania

Albania Facts

Exchange Rate109.8-0.56 %Jul 31
Stock Market0.10.0 %Jul 31

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