Albania Current Account  Forecast 2016-2020

Current Account in Albania is expected to be -186.20 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 -225.75 in 12 months time. In the long-term, the Albania Current Account is projected to trend around -214.20 EUR Million in 2020, according to our econometric models.

Albania Current Account
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Current Account -179 -186 -229 -197 -226 -214 EUR Million
Albania Current Account Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Current Account 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 Current Account - was last predicted on Monday, July 24, 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