Albania Industrial Production  Forecast 2016-2020

Industrial Production in Albania is expected to be -2.58 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Albania to stand at -2.47 in 12 months time. In the long-term, the Albania Industrial Production is projected to trend around -4.53 percent in 2020, according to our econometric models.

Albania Industrial Production
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Industrial Production -11.2 -2.58 0.71 -0.67 -2.47 -4.53 percent
Albania Industrial Production Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Industrial Production 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 Industrial Production - was last predicted on Tuesday, March 28, 2017.
Albania Business Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Business Confidence -0.1 -4.8 -5.2 -4.5 -2.8 -5
Industrial Production -11.2 -2.58 0.71 -0.67 -2.47 -4.53
Changes in Inventories 192706 47748 51411 55074 58738 55179
Mining Production -39.3 -34.74 -35.8 -34.94 -35.1 -35.86
Ease of Doing Business 58 81.58 86.29 91 95.71 78.89
Competitiveness Index 4.06 4 4 4 4 4.12
Competitiveness Rank 80 95 95 95 90 94
Corruption Index 39 39 39 39 39 39
Corruption Rank 83 104 103 103 102 105
Manufacturing Production -11.2 1.65 5.47 9.38 9.96 7.87