Albania Current Account to GDP - Forecast

Current Account to GDP in Albania is expected to be -6.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Current Account to GDP is projected to trend around -4.20 percent in 2020, according to our econometric models.


Forecast Data Chart
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Albania Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -27740 -29700 -39000 -28900 -33400 -38500
Exports 20375 25100 22500 26200 24600 25500
Imports 48115 54800 61500 55100 58000 64000
Current Account -173 -187 -246 -187 -238 -220
Current Account to GDP -6.4 -6.6 -6.6 -4.9 -4.9 -4.2
Capital Flows -265 -222 -199 -243 -210 -222
Gold Reserves 1.6 1.59 1.59 1.59 1.59 1.59
Foreign Direct Investment 284 228 251 247 258 246
External Debt 8111 7977 7975 8005 8023 8134
Crude Oil Production 15 14.94 14.93 14.93 14.92 14.92
Terrorism Index 1.49 1 1.04 1 0.95 0.74
Tourist Arrivals 1242616 1125700 1136200 1135200 1135300 1135300
Remittances 147 166 171 153 162 167