Albania Current Account - Forecast

Current Account in Albania is expected to be -245.58 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 -186.95 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.


Albania Current Account
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Albania Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -26582 -33700 -29700 -39000 -28900 -38500
Exports 30125 23400 25100 22500 26200 25500
Imports 56706 57100 54800 61500 55100 64000
Current Account -165 -246 -187 -246 -187 -220
Current Account to GDP -6.4 -6.6 -6.6 -6.6 -4.9 -4.2
Capital Flows -127 -266 -222 -199 -243 -222
Gold Reserves 1.6 1.6 1.59 1.59 1.59 1.59
Foreign Direct Investment 232 249 249 249 249 249
External Debt 7928 7844 7844 7844 7844 7844
Crude Oil Production 20 20.07 20.11 20.09 20.1 20.1
Terrorism Index 1.49 0.95 1 1.04 1 0.74
Tourist Arrivals 1706295 1239100 1298100 1290600 1291600 1291500
Remittances 147 162 166 171 153 167