Albania Current Account - Forecast

Current Account in Albania is expected to be -166.26 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 -193.13 in 12 months time. In the long-term, the Albania Current Account is projected to trend around -200.19 EUR Million in 2020, according to our econometric models.


Albania Current Account
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Albania Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -21312 -28115 -27833 -27196 -26933 -23188
Exports 23390 24068 23331 23273 23191 21988
Imports 44702 51589 50672 50249 49916 45804
Current Account -133 -166 -195 -178 -193 -200
Current Account to GDP -12.1 -6.6 -6.6 -6.6 -6.6 -4.2
Capital Flows -194 -125 -118 -99.8 -96.79 -38.82
Gold Reserves 1.57 1.58 1.59 1.61 1.62 1.73
Foreign Direct Investment 299 214 209 226 213 179
Crude Oil Production 21 20.78 20.68 20.58 20.48 19.76
External Debt 7833 7715 7663 7590 7499 6214
Terrorism Index 1.49 0.89 0.71 0.53 0.35 0.71
Tourist Arrivals 2465389 599500 1164400 2422100 773200 803100
Remittances 166 147 163 167 169 171