International Reserves in Albania

Albania International Reserves | Economic News & Forecasts

Albania - International Reserves

Economic growth inched lower in the second quarter to 2.3% year-on-year from 2.4% in the first quarter, owing to contracting fixed investment. Nevertheless, public and private consumption strengthened, with households benefiting from stable inflationary pressures and cheap credit conditions, while the currency appreciated somewhat. Moreover, growth in exports of goods and services accelerated markedly in Q2; however, this was mainly due to a strong tourism sector as tourist arrivals grew at a robust rate, while exports of goods nosedived. Turning to the third quarter, data is thus far mixed: A severe drought continued to hamstring electricity generation, although tourist arrivals remained upbeat in July–August. Meanwhile, hopes of starting EU accession talks soon were dashed in mid-October amid French, Dutch and Danish opposition.

Albania - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (EUR)2.0  2.2  2.9  2.9  3.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Albania International Reserves Chart


Albania International Reserves
Note: International reserves, months of imports.
Source: Bank of Albania

Albania Facts

ValueChangeDate
Exchange Rate110.4-0.56 %Sep 04
Stock Market0.10.0 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

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.

Sign Up

Economic News

    Search form