Albania GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

Albania's economy expanded by 4.45 percent year-on-year in the first quarter of 2018, following a 3.36 percent growth in the previous period. It was the highest expansion since the third quarter of 2014. Output advanced faster for fixed investment (5.43 percent from 4.09 percent in Q4 of 2017) and production rebounded for government spending (2.59 percent from -1.84 percent). Meanwhile, exports increased 5.02 percent (-3.77 percent in Q4 2017) while imports went up 8.21 percent (10.98 percent in Q4 2017). On the other hand, output slowed for household consumption (2.97 percent from 3.14). On a seasonally adjusted quarterly basis, the GDP rose by 1.15 percent, up from a 0.65 percent gain in the last quarter of 2017. GDP Annual Growth Rate in Albania averaged 4.11 percent from 1996 until 2018, reaching an all time high of 13.50 percent in the fourth quarter of 1999 and a record low of -10.84 percent in the fourth quarter of 1997.

Albania GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-29 11:00 AM GDP Growth Rate YoY 3.55% 4.09% 3.4%
2018-04-03 10:00 AM GDP Growth Rate YoY 3.36% 3.60% 4%
2018-06-29 10:00 AM GDP Growth Rate YoY 4.45% 3.36% 3.8%
2018-09-29 10:00 AM GDP Growth Rate YoY 3.90%
2018-12-29 11:00 AM GDP Growth Rate YoY 3.80%


Albania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.15 0.65 6.00 -4.69 percent [+]
GDP Annual Growth Rate 4.45 3.36 13.50 -10.84 percent [+]
GDP 13.04 11.88 13.22 0.71 USD Billion [+]
GDP Constant Prices 372884.00 367049.00 372884.00 171020.40 ALL Million [+]
Gross Fixed Capital Formation 119162.00 88231.00 374058.00 61632.00 ALL Million [+]
GDP per capita 4868.20 4683.80 4868.20 1288.26 USD [+]
GDP per capita PPP 11803.40 11356.30 11803.40 3123.50 USD [+]
GDP From Agriculture 66147.00 65506.00 66147.00 50389.87 ALL Million [+]
GDP From Construction 35582.00 35560.00 46222.05 27236.91 ALL Million [+]
GDP From Manufacturing 24474.00 24360.00 24474.00 14511.06 ALL Million [+]
GDP From Mining 53181.00 46763.00 53181.00 29871.35 ALL Million [+]
GDP From Public Administration 41447.00 42206.00 42206.00 26318.07 ALL Million [+]
GDP From Services 58168.00 57108.00 59228.53 48518.02 ALL Million [+]


Albania GDP Annual Growth Rate

Composition of the GDP on the expenditure side: household consumption (78 percent), gross fixed capital formation (26 percent), government expenditure (11 percent). Net exports of goods and services subtracts 18 percent from the GDP as exports accounts for 35 percent and imports for -53 percent. This page provides the latest reported value for - Albania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.45 3.36 13.50 -10.84 1996 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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