Albania’s industrial confidence index decreased to -4.1 in the second quarter of 2019 from a downwardly revised -1.8 in the previous period. The reading pointed to the lowest level in industrial morale since the three-months to June of 2016, as new orders (-21 from -19.9 in Q1); new export orders (-24.2 from -10.2) and stock of finished products (-6.1 from -5.7) fell further. Also, expectations deteriorated for employment (6.1 from 9.0) and selling price (0.9 from 5.6). On the other hand, production expectations advanced (42.3 from 33.5). Business Confidence in Albania averaged -7.16 Index Points from 2002 until 2019, reaching an all time high of 4.80 Index Points in the third quarter of 2006 and a record low of -26.40 Index Points in the first quarter of 2009.

Business Confidence in Albania is expected to be -3.10 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Albania to stand at -3.80 in 12 months time. In the long-term, the Albania Business Confidence is projected to trend around -5.00 Index Points in 2020, according to our econometric models.

Albania Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-08 02:50 PM Business Confidence Q3 -1.6 -1.5 -1.7
2019-01-08 11:30 AM Business Confidence Q4 -1.3 -1 -2.5
2019-04-10 10:30 AM Business Confidence Q1 -2 -1.3 -2.6
2019-07-09 10:40 AM Business Confidence Q2 -4.1 -1.8 -2.7
2019-10-07 02:00 PM Business Confidence Q3 -4.1 -3.1


Albania Business Last Previous Highest Lowest Unit
Business Confidence -4.10 -1.80 4.80 -26.40 Index Points [+]
Industrial Production 6.10 5.80 45.70 -25.80 percent [+]
Internet Speed 6792.76 6965.09 6965.09 811.24 KBps [+]
IP Addresses 122132.00 102515.00 122132.00 6336.00 IP [+]
Mining Production -0.70 2.80 102.40 -45.20 percent [+]
Manufacturing Production 8.86 7.13 38.56 -17.76 percent [+]
Ease of Doing Business 63.00 65.00 108.00 58.00 [+]
Corruption Index 36.00 38.00 39.00 23.00 Points [+]
Corruption Rank 99.00 91.00 126.00 81.00 [+]
Competitiveness Index 58.10 57.29 58.10 3.48 Points [+]
Competitiveness Rank 76.00 80.00 109.00 76.00 [+]


Albania Business Confidence

In Albania, the Industrial Confidence Indicator measures entrepreneurs’ sentiment about production expectations, employment, order books and stocks of finished products. The Index is seasonally adjusted and varies between -100 and 100. The ICI equals -100 when there is extreme lack of confidence, 0 indicates neutrality and 100 extreme confidence. This page provides - Albania Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Business Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.10 -1.80 4.80 -26.40 2002 - 2019 Index Points Quarterly




Country Last Previous
Australia 1.00 Aug/19
Brazil 59.40 Sep/19
Canada 60.60 Aug/19
China 49.50 Aug/19
Euro Area 0.11 Aug/19
France 102.00 Aug/19
Germany 94.30 Aug/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 99.70 Aug/19
Japan 7.00 Jun/19
Mexico 49.70 Aug/19
Netherlands 3.90 Aug/19
Russia -2.00 Aug/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 68.00 Aug/19
Spain 1.40 Aug/19
Switzerland 97.00 Aug/19
Turkey 102.50 Aug/19
United Kingdom -32.00 Sep/19
United States 49.10 Aug/19


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