Albania Current Account  Forecast 2016-2020

Current Account in Albania is expected to be -312.40 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Albania to stand at -312.47 in 12 months time. In the long-term, the Albania Current Account is projected to trend around -312.08 EUR Million in 2020, according to our econometric models.

Albania Current Account
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Current Account -208 -312 -313 -312 -312 -312 EUR Million
Albania Current Account 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 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 - was last predicted on Monday, March 27, 2017.
Albania Trade Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -23780 -24695 -26014 -26022 -26031 -26031
Exports 20087 20624 20515 20606 20590 20591
Imports 43868 45244 46981 45797 46485 46338
Current Account -208 -312 -313 -312 -312 -312
Current Account to GDP -10.1 -11.15 -11.12 -11.1 -11.08 -11.1
Capital Flows -12.72 -104 -155 -148 -134 -140
Gold Reserves 1.57 1.57 1.57 1.57 1.57 1.57
Remittances 160 141 153 158 154 153
Terrorism Index 1.1 0.92 0.69 0.46 0.23 0.92
Foreign Direct Investment 288 217 198 225 248 235
Crude Oil Production 20 20 20 20 20 20
External Debt 7924 8049 8093 8146 8189 8533