Albania Current Account to GDP  Forecast 2016-2020

Current Account to GDP in Albania is expected to be -11.12 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Current Account to GDP is projected to trend around -11.10 percent in 2020, according to our econometric models.

Albania Current Account to GDP
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
Current Account to GDP -10.1 -11.12 -11.1 -11.08 -11.18 -11.1 percent
Albania Current Account to GDP Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Current Account to GDP 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 Current Account to GDP - was last predicted on Sunday, April 30, 2017.
Albania Trade Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -31106 -27090 -27276 -27263 -27263 -27263
Exports 22683 20921 21315 21256 21253 21256
Imports 53789 48529 48026 48470 48281 48356
Current Account -240 -263 -202 -269 -206 -266
Current Account to GDP -10.1 -11.12 -11.1 -11.08 -11.18 -11.1
Capital Flows -253 -228 -185 -183 -193 -189
Gold Reserves 1.57 1.57 1.57 1.57 1.57 1.57
Remittances 166 154 160 164 148 160
Terrorism Index 1.1 0.69 0.46 0.23 0.15 0.92
Foreign Direct Investment 276 201 222 253 260 242
Crude Oil Production 22 22.27 22.39 22.51 22.62 23.51
External Debt 7862 7935 7955 7988 8005 8167