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 12.77 12.74 12.78 12.73 12.84 [+]
GDP Growth Rate 0.38 0.22 0.6 0.47 0.47 0.47 [+]
GDP Annual Growth Rate 1.73 1.5 -0.2 -0.46 -0.5 -0.5 [+]
GDP Constant Prices 287934.70 287285 288895 287800 287800 287800 [+]
GDP per capita 4087.08 4168 4186 4431 4508 4557 [+]
Gross Fixed Capital Formation 345030.58 269725 345349 348611 315577 374559 [+]
GDP per capita PPP 10588.87 10799 10844 11479 11680 11807 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 13.45 12.5 13.7 13.57 13.67 13.47 [+]
Employed Persons 928.00 931 930 939 944 953 [+]
Unemployed Persons 144.00 145 146 146 143 146 [+]
Wages 52700.00 53645 53668 53909 53909 53909 [+]
Population 2.77 2.74 2.73 2.58 2.38 2.12 [+]
Retirement Age Women 60.00 60 60 60 60 60 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Minimum Wages 22000.00 22682 22676 22638 22633 22633 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 1.40 1.75 2.11 1.71 1.71 1.71 [+]
Inflation Rate Mom 0.10 1.21 0.08 1.22 1.22 1.22 [+]
Consumer Price Index CPI 116.43 118 120 121 121 121 [+]
Producer Prices 101.10 101 101 101 101 101 [+]
Producer Prices Change -0.68 -0.83 -0.67 0.18 0.43 0.68 [+]
Food Inflation 1.60 2.15 3.63 4.13 4.13 4.13 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 2.50 2.15 2 2.65 3.6 5.4 [+]
Money Supply M0 310257.92 312981 311725 312876 312761 312597 [+]
Money Supply M1 318974.35 323427 326221 332960 332962 332962 [+]
Money Supply M2 694578.71 697344 690295 704957 704752 704752 [+]
Money Supply M3 1165540.15 1170168 1166437 1240185 1246581 1246640 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade -25997.70 -29924 -24785 -33446 -33612 -33613 [+]
Exports 21284.00 21259 22109 21424 21424 21424 [+]
Imports 47281.80 51122 46673 51295 51294 51294 [+]
Current Account -135.06 -146 -119 -145 -145 -145 [+]
Current Account to GDP -9.05 -8.11 -8.47 -10.64 -10.65 -10.6 [+]
Capital Flows -227.37 -342 -442 -368 -368 -368 [+]
Gold Reserves 1.57 1.57 1.57 1.57 1.57 1.57 [+]
Crude Oil Production 21.00 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -4.90 -6.5 -6.86 -7.77 -2.78 -2.55 [+]
Government Debt to GDP 60.92 63.19 63.46 64.32 66.11 66.52 [+]
Government Budget Value -30502.00 -42731 -562 -47763 -47751 -47748 [+]
Government Spending 297231.00 343694 140701 343132 343134 343134 [+]
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 -13.76 -13.67 -13.68 -13.68 [+]
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 15.37 18.31 19.94 19.94 19.94 [+]
Personal Income Tax Rate 23.00 28 30 37 43 43 [+]
Sales Tax Rate 20.00 20 20 20 20 20 [+]





This page includes economic forecasts for Albania. 11/23/2014