Albania Industrial Production  Forecast 2016-2020

Industrial Production in Albania is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Albania to stand at -7.14 in 12 months time. In the long-term, the Albania Industrial Production is projected to trend around -2.34 percent in 2020, according to our econometric models.

Albania Industrial Production
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Forecast Actual Q3/17 Q4/17 Q1/18 Q2/18 2020 Unit
Industrial Production 13.4 3 -5.78 -12.78 -7.14 -2.34 percent
Albania Industrial Production Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Albania Industrial Production 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 Industrial Production - was last predicted on Monday, July 24, 2017.



Albania Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 4.8 -4.5 -2.8 1.24 -0.59 -5
Industrial Production 13.4 3 -5.78 -12.78 -7.14 -2.34
Changes in Inventories 192706 123791 153081 152591 152101 151020
Mining Production 35.1 20.46 14.29 -3.66 -0.94 6.22
Ease of Doing Business 58 93 98 92 87 81
Competitiveness Index 4.06 4 4 4.08 4.11 4.12
Competitiveness Rank 80 80 80 76 74 81
Corruption Index 39 39 39 39 39 39
Corruption Rank 83 82 82 84 87 109
Manufacturing Production -0.7 6.76 0.06 0.28 -1.89 1.83