Albania Consumer Spending  Forecast 2016-2020

Consumer Spending in Albania is expected to be 298329.39 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Albania to stand at 297969.99 in 12 months time. In the long-term, the Albania Consumer Spending is projected to trend around 297964.17 ALL Million in 2020, according to our econometric models.

Albania Consumer Spending
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Consumer Spending 296046 298329 297892 297972 297970 297964 ALL Million
Albania Consumer Spending Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Consumer Spending 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 Consumer Spending - was last predicted on Thursday, March 30, 2017.
Albania Consumer Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Confidence -9.6 -13.2 -13.94 -12.5 -10.5 -12
Retail Sales YoY 7.16 5.44 4.58 4.77 5.16 5.23
Consumer Spending 296046 298329 297892 297972 297970 297964
Gasoline Prices 1.35 1.36 1.38 1.4 1.4 1.4
Consumer Credit 160902 161502 162213 162848 163414 166879