Albania | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 103.63 105 106 107 107 101 101 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 12.90 12.77 12.88 12.71 15.75 17.42 21.55 [+]
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 334948 342664 363571 367220 374550 [+]
GDP per capita 4087.08 4151 4095 4187 4966 5599 6663 [+]
Gross Fixed Capital Formation 345030.58 299909 297534 295493 290779 282215 281643 [+]
GDP per capita PPP 8123.13 8120 8127 8133 10144 11388 14167 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 14.00 12.77 12.5 11.97 11.83 10.2 9.93 [+]
Employed Persons 880.00 871 875 894 966 925 966 [+]
Unemployed Persons 144.00 144 145 146 145 145 143 [+]
Wages 52700.00 53205 53311 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 1.50 1.75 1.71 2.11 1.84 3.87 3.98 [+]
Inflation Rate Mom -0.70 0.69 1.43 0.29 1.43 3.83 3.63 [+]
Consumer Price Index (CPI) 116.51 117 119 121 124 134 147 [+]
Producer Prices 112.83 113 113 113 115 116 119 [+]
Producer Prices Change -0.34 -0.26 -0.28 -0.19 0.21 3.77 4.02 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 2.50 2.27 2.06 2.06 1.73 2.91 4.41 [+]
Money Supply M0 308399.09 309202 311529 316020 395947 442347 554345 [+]
Money Supply M1 300402.93 298049 300161 309204 387727 431930 541544 [+]
Money Supply M2 687131.92 682654 686884 675862 840003 909829 1127018 [+]
Money Supply M3 1143526.96 1150923 1154930 1145849 1438475 1601378 1986151 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -22927.00 -23579 -27250 -21596 -27261 -27651 -28198 [+]
Exports 25217.70 22866 22390 23278 23036 23143 23602 [+]
Imports 48144.70 46445 49640 44874 50297 50794 51800 [+]
Current Account -135.06 -122 -146 -119 -145 -145 -145 [+]
Current Account to GDP -9.05 -8.03 -8.11 -8.47 -10.64 -0.22 -0.05 [+]
Capital Flows -205.25 -127 -141 -181 -128 -98.08 -49.28 [+]
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 -3.03 -2.55 [+]
Government Debt to GDP 60.92 63.19 63.46 63.7 64.32 66.11 66.52 [+]
Government Budget Value -22178.00 -18711 -35443 2789 -38656 -37859 -37861 [+]
Government Spending 197379.00 214703 292011 90881 308765 309328 315452 [+]
Credit Rating 35.00 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 3.20 3.47 3.89 2 -1.9 1.11 1.31 [+]
Industrial Production 20.00 3.21 0.63 -0.92 0.75 0.7 0.97 [+]
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 -16.5 -14.61 -10.16 -6.25 [+]
Retail Sales YoY 3.80 4.61 3.17 1.03 2.87 4.02 3.63 [+]
Consumer Spending 1019147.27 1084188 1089084 1093629 1127623 1176429 1210383 [+]
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. 7/24/2014