Albania Consumer Spending  Forecast 2016-2020

Consumer Spending in Albania is expected to be 285086.10 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Albania to stand at 291040.89 in 12 months time. In the long-term, the Albania Consumer Spending is projected to trend around 290265.07 ALL Million in 2020, according to our econometric models.

Albania Consumer Spending
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Consumer Spending 286646 285086 291328 285595 291041 290265 ALL Million
Albania Consumer Spending Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Consumer Spending 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 Consumer Spending - was last predicted on Friday, July 21, 2017.

Albania Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence -9.2 -12.5 -10.5 -10.36 -10.1 -12
Retail Sales YoY 5.14 5.81 4.93 4.58 4.65 4.83
Consumer Spending 286646 285086 291328 285595 291041 290265
Gasoline Prices 1.48 1.54 1.57 1.58 1.59 1.59
Consumer Credit 163957 166207 167739 169133 170399 178104