Albania Crude Oil Production - Forecast

Crude Oil Production in Albania is expected to be 14.96 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 14.96 in 12 months time. In the long-term, the Albania Crude Oil Production is projected to trend around 14.96 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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Albania Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -27740 -39000 -28900 -33400 -27653 -38500
Exports 20375 22500 26200 24600 26732 25500
Imports 48115 61500 55100 58000 54385 64000
Current Account -173 -201 -156 -191 -172 -180
Current Account to GDP -6.4 -6.6 -7 -7 -7 -6.5
Capital Flows -265 -198 -242 -210 -223 -221
Gold Reserves 1.6 1.6 1.6 1.6 1.6 1.6
Foreign Direct Investment 212 249 244 253 232 244
External Debt 8111 8260 8391 8454 8531 9119
Crude Oil Production 15 14.96 14.96 14.96 14.96 14.96
Terrorism Index 1.49 1.49 1.49 1.49 1.49 1.49
Tourist Arrivals 1242616 1136200 1135200 1135300 1135300 1135300
Remittances 182 173 157 179 173 173