Albania GDP Constant Prices  Forecast 2016-2020

GDP Constant Prices in Albania is expected to be 367335.44 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Albania to stand at 387516.00 in 12 months time. In the long-term, the Albania GDP Constant Prices is projected to trend around 468760.49 ALL Million in 2020, according to our econometric models.

Albania GDP Constant Prices
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
GDP Constant Prices 352820 367335 373969 380720 387516 468760 ALL Million
Albania GDP Constant Prices Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania GDP Constant Prices 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 GDP Constant Prices - was last predicted on Thursday, March 23, 2017.
Albania GDP Last Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 0.9 -0.3 0.4 0.9 0.6 0.4
GDP Annual Growth Rate 3.1 2.9 2.7 2.5 2.2 2
GDP 11.4 11.68 11.72 11.55 11.96 14.55
GDP Constant Prices 352820 367335 373969 380720 387516 468760
Gross Fixed Capital Formation 99203 96158 114381 97334 114701 112665
GDP per capita 4543 4600 4620 4620 4660 4970
GDP per capita PPP 10401 10300 10300 10400 10400 11200
GDP From Agriculture 64571 64540 65064 65473 65885 71033
GDP From Construction 36568 33816 33486 33506 33632 33573
GDP From Manufacturing 19854 19879 19886 19695 19680 20020
GDP From Mining 43451 46548 46094 46142 46412 46269
GDP From Public Administration 40039 41213 41492 41887 42578 46686
GDP From Services 54449 55514 55347 55285 55170 55123