The Bank of Albania held its policy rate at 0.5 percent during its January meeting, after the annual inflation rate decreased to a 1-year low of 1.1%. The bank's overnight deposit and overnight loan rates were also kept at 0.1 percent and 0.9 percent, respectively source: Bank of Albania
Interest Rate in Albania averaged 4.11 percent from 2001 until 2021, reaching an all time high of 8.50 percent in April of 2002 and a record low of 0.50 percent in March of 2020. This page provides the latest reported value for - Albania Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Interest Rate in Albania is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Albania to stand at 0.50 in 12 months time. In the long-term, the Albania Interest Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.