Albania Interest Rate

The benchmark interest rate in Albania was last recorded at 2.75 percent. Interest Rate in Albania is reported by the Bank of Albania. Interest Rate in Albania averaged 5.61 Percent from 2001 until 2014, reaching an all time high of 8.50 Percent in April of 2002 and a record low of 2.75 Percent in February of 2014. In Albania, interest rate decisions are taken by the Bank of Albania. The official interest rate is the 1-week repo rate. This page provides - Albania Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.75 2.75 8.50 2.75 2.50 | 2014/04 2001 - 2014 Percent Monthly

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Albania Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-02-26 01:50 PM Albania
Interest Rate Decision
2.75% 3.0% 3%
2014-03-27 05:30 PM Albania
Interest Rate Decision
2.75% 2.75% 3%
2014-04-30 01:00 PM Albania
Interest Rate Decision
2.75% 2.75%
2014-05-28 01:00 PM Albania
Interest Rate Decision
2.5%
2014-06-25 01:00 PM Albania
Interest Rate Decision
2.5%
2014-07-30 01:00 PM Albania
Interest Rate Decision
2.25%
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 2.75 2014-03-27 2.75 8.50 2.75 2.50 2014-04-30 Percent [+]
Money Supply M0 303750.79 2014-02-28 305263.02 315231.30 29998.00 303895.00 2014-03-31 ALL Million [+]
Money Supply M1 292215.10 2014-02-28 291905.92 298700.61 27624.00 292551.79 2014-03-31 ALL Million [+]
Money Supply M2 687588.61 2014-02-28 687566.00 700465.02 39937.20 686836.12 2014-03-31 ALL Million [+]
Money Supply M3 1140567.77 2014-02-28 1144984.23 1153642.37 50185.40 1142219.78 2014-03-31 ALL Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Albania Gold Reserves at 1.57 Tonnes  
Gold Reserves in Albania remained unchanged at 1.57 Tonnes in the fourth quarter of 2013 from 1.57 Tonnes in the third quarter of 2013. Gold Reserves in Albania is reported by the World Gold Council.
Albania Business Confidence at -3.20  
Business Confidence in Albania increased to -3.20 in the first quarter of 2014 from -7.40 in the fourth quarter of 2013. Business Confidence in Albania is reported by the Bank of Albania.
Albania Consumer Confidence at -16.40  
Consumer Confidence in Albania decreased to -16.40 in the first quarter of 2014 from -16.20 in the fourth quarter of 2013. Consumer Confidence in Albania is reported by the Bank of Albania.
Albania Producer Prices at 113.20 Index Points  
Producer Prices in Albania remained unchanged at 113.20 Index Points in December of 2013 from 113.20 Index Points in November of 2013. Producer Prices in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Unemployed Persons at 144.00 Thousand  
The number of unemployed persons in Albania increased to 144 Thousand in the fourth quarter of 2013 from 143 Thousand in the third quarter of 2013. Unemployed Persons in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Unemployment Rate at 13.50 Percent  
Unemployment Rate in Albania decreased to 13.50 percent in the fourth quarter of 2013 from 16.90 percent in the third quarter of 2013. Unemployment Rate in Albania is reported by the Bank of Albania.
Albania Average Monthly Wages at 52600.00 ALL  
Wages in Albania remained unchanged at 52600 ALL in the fourth quarter of 2013 from 52600 ALL in the third quarter of 2013. Wages in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Consumer Spending at 827011.51 ALL Million  
Consumer Spending in Albania increased to 827011.51 ALL Million in 2008 from 752963.82 ALL Million in 2007. Consumer Spending in Albania is reported by the Instituti i Statistikave (INSTAT).
Albania Current Account at -135.06 USD Million  
Albania recorded a Current Account deficit of 135.06 USD Million in December of 2013. Current Account in Albania is reported by the Bank of Albania.
Albania Employed Persons at 921.00 Thousand  
The number of employed persons in Albania decreased to 921 Thousand in the fourth quarter of 2013 from 971 Thousand in the third quarter of 2013. Employed Persons in Albania is reported by the Instituti i Statistikave (INSTAT).
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