Albania GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The economy of Albania advanced 4.06 percent year-on-year in the second quarter of 2017, following an upwardly revised 3.98 percent expansion in the previous period. Growth picked up for consumer spending (2.3 percent from 1.9 percent in Q1) and investments (14.2 percent from 11 percent), while it slowed for government consumption (5.7 percent from 4.5 percent). Both exports (17.2 percent from 12.6 percent) and imports (6.4 percent from 5 percent) rose faster. On a quarterly basis, the GDP expanded 0.36 percent. GDP Annual Growth Rate in Albania averaged 4.12 percent from 1996 until 2017, 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
2017-04-03 09:25 AM GDP Growth Rate YoY 3.97% 3.1% 2.8%
2017-06-30 09:30 AM GDP Growth Rate YoY 3.94% 4.13% 3.8%
2017-09-29 11:00 AM GDP Growth Rate YoY 4.06% 3.98% 3.6%
2017-12-29 10:00 AM GDP Growth Rate YoY 4.06% 3.4%


Albania GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.36 2.04 6.00 -4.69 percent [+]
GDP Annual Growth Rate 4.06 3.94 13.50 -10.84 percent [+]
GDP 11.93 11.39 13.22 0.71 USD Billion [+]
GDP Constant Prices 362258.40 360975.20 362258.40 171020.40 ALL Million [+]
Gross Fixed Capital Formation 96759.00 73285.00 374058.00 61600.00 ALL Million [+]
GDP per capita 4711.99 4547.13 4711.99 1243.13 USD [+]
GDP per capita PPP 11424.63 11024.92 11424.63 3014.09 USD [+]
GDP From Agriculture 64138.76 64850.46 64850.46 50389.87 ALL Million [+]
GDP From Construction 38721.32 36374.33 46222.05 27236.91 ALL Million [+]
GDP From Manufacturing 22063.78 21715.08 22063.78 14511.06 ALL Million [+]
GDP From Mining 48591.73 47956.10 48591.73 29871.35 ALL Million [+]
GDP From Public Administration 40065.56 39893.23 40273.39 26318.07 ALL Million [+]
GDP From Services 57257.98 56516.68 57257.98 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.06 3.94 13.50 -10.84 1996 - 2017 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17