Albania Current Account to GDP 1980-2014 | Data | Chart | Calendar

Albania recorded a Current Account deficit of 9.05 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Albania averaged -5.16 Percent from 1980 until 2013, reaching an all time high of 2.24 Percent in 1999 and a record low of -15.30 Percent in 2009. Current Account to GDP in Albania is reported by the Bank of Albania.

   
 
 

Albania Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-9.05 -9.20 2.24 -15.30 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Albania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Albania Current Account to GDP - was last refreshed on Thursday, October 23, 2014.

Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -25976.30 -24241.00 -974.05 -39313.20 ALL Million [+]
Exports 18574.70 22911.00 25317.70 96.64 ALL Million [+]
Imports 44551.00 47152.00 58976.10 1601.39 ALL Million [+]
Current Account -135.06 -112.49 43.49 -236.87 USD Million [+]
Current Account to GDP -9.05 -9.20 2.24 -15.30 Percent [+]
Capital Flows -227.37 -167.70 357.92 -205.25 EUR Million [+]
Gold Reserves 1.57 1.57 3.73 1.57 Tonnes [+]