Albania Current Account - Forecast

Current Account in Albania is expected to be -186.57 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Albania to stand at -237.75 in 12 months time. In the long-term, the Albania Current Account is projected to trend around -219.80 EUR Million 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 -27396 -29700 -39000 -28900 -33400 -38500
Exports 26580 25100 22500 26200 24600 25500
Imports 53977 54800 61500 55100 58000 64000
Current Account -165 -187 -246 -187 -238 -220
Current Account to GDP -6.4 -6.6 -6.6 -4.9 -4.9 -4.2
Capital Flows -127 -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 7906 7977 7975 8005 8023 8134
Crude Oil Production 20 20.1 20.09 20.09 20.09 20.09
Terrorism Index 1.49 1 1.04 1 0.95 0.74
Tourist Arrivals 1706295 1298100 1290600 1291600 1291500 1291500
Remittances 147 166 171 153 162 167