Albania Current Account to GDP  1980-2017 | Data | Chart | Calendar

Albania recorded a Current Account deficit of 10.10 percent of the country's Gross Domestic Product in 2015, data from Ministry of Finance showed. Current Account to GDP in Albania averaged -5.60 percent from 1980 until 2015, reaching an all time high of 2.24 percent in 1999 and a record low of -15.70 percent in 2008.

Albania Current Account to GDP
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Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -30597.70 -25930.80 -974.05 -39313.20 ALL Million [+]
Exports 24220.90 24004.00 25317.30 96.64 ALL Million [+]
Imports 54818.60 49765.00 59045.20 1601.39 ALL Million [+]
Current Account -179.35 -240.32 32.35 -453.26 EUR Million [+]
Current Account to GDP -10.10 -12.10 2.24 -15.70 percent [+]
Capital Flows -238.88 -253.08 357.92 -393.41 EUR Million [+]
Gold Reserves 1.57 1.57 3.73 1.57 Tonnes [+]
Remittances 166.33 160.03 295.68 115.07 EUR Million [+]
Terrorism Index 1.10 2.12 2.12 0.00 [+]
Foreign Direct Investment 275.60 302.74 337.27 28.01 EUR Million [+]
Crude Oil Production 22.00 22.00 24.00 5.00 BBL/D/1K [+]
External Debt 7862.41 7855.30 7862.41 1269.01 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Albania Current Account to GDP Notes

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Albania Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-10.10 -12.10 2.24 -15.70 1980 - 2015 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16