Albania Business Confidence  Forecast 2016-2020

Business Confidence in Albania is expected to be -4.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Albania to stand at -2.80 in 12 months time. In the long-term, the Albania Business Confidence is projected to trend around -5.00 in 2020, according to our econometric models.

Albania Business Confidence
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Business Confidence -0.1 -4.8 -5.2 -4.5 -2.8 -5
Albania Business Confidence Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Business Confidence using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Albania Business Confidence - was last predicted on Sunday, March 26, 2017.
Albania Business Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence -0.1 -4.8 -5.2 -4.5 -2.8 -5
Industrial Production -11.2 -2.58 0.71 -0.67 -2.47 -4.53
Changes in Inventories 192706 47748 51411 55074 58738 55179
Mining Production -39.3 -34.74 -35.8 -34.94 -35.1 -35.86
Ease of Doing Business 58 81.58 86.29 91 95.71 78.89
Competitiveness Index 4.06 4 4 4 4 4.12
Competitiveness Rank 80 95 95 95 90 94
Corruption Index 39 39 39 39 39 39
Corruption Rank 83 104 103 103 102 105
Manufacturing Production -11.2 1.65 5.47 9.38 9.96 7.87