Albania | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 105.77 106 107 107 107 104 103 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 12.90 12.77 12.74 12.71 15.91 17.68 22.09 [+]
GDP Growth Rate 0.16 -0.36 -0.27 0.86 0.74 2.75 2.74 [+]
GDP Annual Growth Rate -1.11 -2.54 -1.97 -0.21 0.15 2.75 2.75 [+]
GDP Constant Prices 286813.90 322080 326263 342664 393695 413671 456353 [+]
GDP per capita 4087.08 4151 4170 4187 4678 5120 5745 [+]
Gross Fixed Capital Formation 345030.58 299909 297534 295493 290779 282215 281643 [+]
GDP per capita PPP 8123.13 8120 8127 8133 9092 9668 10797 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 14.00 12.77 12.5 12.1 11.83 8.2 8.43 [+]
Employed Persons 880.00 871 880 882 1046 1041 1177 [+]
Unemployed Persons 144.00 144 145 146 145 145 143 [+]
Wages 52700.00 52865 53374 53152 53321 53187 53185 [+]
Population 2.77 2.75 2.77 2.73 2.71 2.58 2.38 [+]
Retirement Age Women 60.00 60 60 60 60 60 60 [+]
Retirement Age Men 65.00 65 65 65 65 65 65 [+]
Prices Last Q3 Q4 Q1 2015 2020 2030
Inflation Rate 1.80 1.92 1.9 2.31 1.98 3.99 3.55 [+]
Inflation Rate Mom -0.60 0.69 1.44 0.3 1.43 3.83 3.63 [+]
Consumer Price Index (CPI) 115.85 117 119 121 134 156 205 [+]
Producer Prices 112.83 113 114 114 127 141 173 [+]
Producer Prices Change -0.34 -0.26 -0.28 -0.19 0.21 3.77 4.02 [+]
Food Inflation 2.60 1.05 1.02 1.76 1.86 1.56 1.57 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 2.50 2.25 2.04 1.83 1.7 2.88 4.37 [+]
Money Supply M0 308401.82 310987 315761 308921 349832 366074 403796 [+]
Money Supply M1 307240.28 303622 313817 305662 347980 361019 398821 [+]
Money Supply M2 691710.62 683899 689226 680079 755584 791273 872959 [+]
Money Supply M3 1152437.49 1154126 1158904 1151692 1287299 1365892 1507618 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -24116.60 -24903 -28911 -23487 -31323 -32708 -35725 [+]
Exports 22907.20 22720 22278 23225 24932 26023 28704 [+]
Imports 47023.70 47623 51188 46712 56568 59222 65322 [+]
Current Account -135.06 -122 -146 -119 -145 -145 -145 [+]
Current Account to GDP -9.05 -8.03 -8.11 -8.47 -10.64 -0.1 -0.05 [+]
Capital Flows -205.25 -127 -141 -181 -128 -65.08 -21.22 [+]
Gold Reserves 1.57 1.57 1.57 1.57 1.57 1.57 1.57 [+]
Government Last Q3 Q4 Q1 2015 2020 2030
Government Budget -4.90 -6.5 -6.86 -7.16 -7.77 -2.78 -2.55 [+]
Government Debt to GDP 60.92 63.19 63.46 63.7 64.32 66.11 66.52 [+]
Government Budget Value -30785.00 -18711 -35443 2789 -38656 -37859 -37861 [+]
Government Spending 236026.00 214703 292011 90881 334348 348455 384348 [+]
Credit Rating 35.00 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 3.20 4.24 3.89 2 -1.9 0.96 0.98 [+]
Industrial Production 20.00 4.8 0.63 -0.92 0.75 3.4 3.72 [+]
Changes in Inventories 31320.36 44588 45010 45349 46015 46721 46730 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence -14.10 -15.31 -16.55 -17 -15.87 -11.84 -8.57 [+]
Retail Sales YoY 3.80 4.61 3.17 1.03 2.87 4.02 3.63 [+]
Consumer Spending 1019147.27 1084188 1089084 1093629 1221054 1325238 1474734 [+]
Taxes Last Q3 Q4 Q1 2015 2020 2030
Corporate Tax Rate 15.00 17 17 18 19 20 20 [+]
Personal Income Tax Rate 23.00 28 30 32 37 43 43 [+]
Sales Tax Rate 20.00 20 20 20 20 20 20 [+]






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This page includes economic forecasts for Albania. 8/30/2014