Albania | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 109.05 109 111 110 108 103 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 12.90 12.94 13.37 13.74 13.75 13.75 [+]
GDP Growth Rate 0.38 -0.27 0.6 0.19 0.19 0.19 [+]
GDP Annual Growth Rate 1.73 1.5 -0.75 -0.72 -0.74 -0.74 [+]
GDP Constant Prices 287934.70 287285 288895 287800 287800 287800 [+]
GDP per capita 4087.08 4158 4170 4253 4256 4256 [+]
Gross Fixed Capital Formation 345030.58 336255 345349 348611 315577 374559 [+]
GDP per capita PPP 10588.87 10799 10844 11365 11507 11519 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 12.91 12.5 12.97 12.82 12.86 12.85 [+]
Employed Persons 947.00 950 947 945 945 945 [+]
Unemployed Persons 140.00 142 142 142 143 141 [+]
Wages 52900.00 53192 53042 53140 53138 53138 [+]
Population 2.77 2.74 2.73 2.61 2.5 2.42 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Minimum Wages 22000.00 22192 22005 22028 22027 22027 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 1.70 1.7 2.05 1.63 1.63 1.63 [+]
Inflation Rate Mom -0.20 1.13 -0.02 1.13 1.13 1.13 [+]
Consumer Price Index CPI 116.14 118 120 120 120 120 [+]
Producer Prices 103.10 104 104 104 104 104 [+]
Producer Prices Change -0.68 -0.83 -0.77 0.17 0.42 0.67 [+]
Food Inflation 0.84 1.12 2.87 4.07 4.07 4.07 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 2.25 2.15 2.05 2.65 3.6 5.4 [+]
Money Supply M0 310752.68 310152 308243 309114 308999 308837 [+]
Money Supply M1 318928.58 322043 324579 330941 330943 330943 [+]
Money Supply M2 695395.87 700322 694326 722028 721407 721406 [+]
Money Supply M3 1162722.65 1170828 1167009 1322475 1483933 1605576 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade -29358.00 -30869 -25931 -31402 -31401 -31401 [+]
Exports 22227.30 21332 22115 21305 21305 21305 [+]
Imports 51585.30 52200 48046 52706 52706 52706 [+]
Current Account -135.06 -147 -120 -146 -146 -146 [+]
Current Account to GDP -9.05 -9.69 -9.91 -10.25 -10.25 -10.25 [+]
Capital Flows -274.00 -377 -505 -531 -531 -531 [+]
Gold Reserves 1.57 1.57 1.57 1.57 1.57 1.57 [+]
Crude Oil Production 21.00 20.87 20.72 18.28 15.74 13.78 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -4.90 -5.82 -5.97 -6.65 -6.66 -6.66 [+]
Government Debt to GDP 60.92 63.19 63.46 64.32 66.11 66.52 [+]
Government Budget Value -38163.00 -47067 -4490 -49685 -49719 -49719 [+]
Government Spending 337472.00 367184 168188 366080 366079 366079 [+]
Credit Rating 35.00 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 3.60 8.25 9.35 4.29 4.86 4.85 [+]
Industrial Production 6.10 17.84 15.42 14.66 14.68 14.68 [+]
Changes in Inventories 31320.36 45010 45349 46721 46730 46730 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence -9.07 -12.31 -13.85 -12.52 -12.53 -12.53 [+]
Retail Sales YoY 6.20 8.02 4.74 6.9 6.9 6.9 [+]
Consumer Spending 1019147.27 1087037 1091252 1133182 1140444 1140730 [+]
Taxes Actual Q4/14 Q1/15 2020 2030 2050
Corporate Tax Rate 15.00 17.86 18.31 19.94 19.94 19.94 [+]
Personal Income Tax Rate 23.00 29.98 30.96 34.05 34.06 34.06 [+]
Sales Tax Rate 20.00 20 20 20 20 20 [+]





This page includes economic forecasts for Albania. 12/21/2014