Albania Crude Oil Production  Forecast 2016-2020

Crude Oil Production in Albania is expected to be 22.29 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Albania to stand at 22.60 in 12 months time. In the long-term, the Albania Crude Oil Production is projected to trend around 23.33 BBL/D/1K in 2020, according to our econometric models.

Albania Crude Oil Production
Please Paste this Code in your Website
width
height
Receive the next reported value for Albania Crude Oil Production in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.







Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Crude Oil Production 22 22.29 22.4 22.5 22.6 23.33 BBL/D/1K
Albania Crude Oil Production Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Crude Oil 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 Crude Oil Production - was last predicted on Thursday, July 20, 2017.



Albania Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -33841 -28673 -28697 -28701 -28701 -28701
Exports 22529 22704 22513 22558 22550 22551
Imports 56370 49623 51252 50795 50885 50897
Current Account -179 -186 -229 -197 -226 -214
Current Account to GDP -10.1 -8.2 -8.2 -6.6 -6.6 -4.2
Capital Flows -239 -268 -212 -240 -215 -234
Gold Reserves 1.57 1.57 1.57 1.57 1.57 1.57
Remittances 137 159 163 143 152 158
Terrorism Index 1.1 0.46 0.23 0.15 0.07 0.92
Foreign Direct Investment 168 212 253 255 219 228
Crude Oil Production 22 22.29 22.4 22.5 22.6 23.33
External Debt 7958 8025 8082 8108 8147 8389