Albania GDP Annual Growth Rate  Forecast 2016-2020

GDP Annual Growth Rate in Albania is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Albania to stand at 3.30 in 12 months time. In the long-term, the Albania GDP Annual Growth Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.

Albania GDP Annual Growth Rate
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
GDP Annual Growth Rate 4 3.8 3.6 3.4 3.3 2.2 percent
Albania GDP Annual Growth Rate Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania GDP Annual Growth Rate 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 GDP Annual Growth Rate - was last predicted on Thursday, June 29, 2017.



Albania GDP Last Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 0.9 0.5 0.6 0.6 0.5 0.4
GDP Annual Growth Rate 4 3.8 3.6 3.4 3.3 2.2
GDP 11.4 11.72 11.49 11.96 11.07 14.55
GDP Constant Prices 355919 358269 359500 360843 362008 369775
Gross Fixed Capital Formation 134704 127863 109362 128675 110025 126549
GDP per capita 4543 4620 4584 4660 4629 4970
GDP per capita PPP 11015 11049 11149 11250 11291 11691
GDP From Agriculture 64112 65187 65734 65752 66242 67395
GDP From Construction 37396 37862 37701 37613 37613 37550
GDP From Manufacturing 19176 18331 18294 18401 18652 19142
GDP From Mining 44171 43423 43591 44135 43496 43605
GDP From Public Administration 40431 41309 41536 41884 42172 46150
GDP From Services 55307 54930 55143 54814 54963 54905