The Bank of Albania held its policy rate at 1 percent during its August meeting, saying that inflation is seen returning to the 3 percent target in the second half of 2021. Policymakers also said that monetary stimulus may be needed in the future amid increased uncertainties. The bank's overnight deposit and overnight loan rates were also kept at 0.1 percent and 1.9 percent respectively. Interest Rate in Albania averaged 4.39 percent from 2001 until 2019, reaching an all time high of 8.50 percent in April of 2002 and a record low of 1 percent in June of 2018.

Interest Rate in Albania is expected to be 1.00 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 1.00 in 12 months time. In the long-term, the Albania Interest Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Albania Interest Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-28 03:00 PM Interest Rate Decision 1% 1% 1%
2019-05-08 02:00 PM Interest Rate Decision 1% 1% 1%
2019-07-03 02:00 PM Interest Rate Decision 1% 1% 1%
2019-08-07 02:00 PM Interest Rate Decision 1% 1% 1%
2019-10-02 02:00 PM Interest Rate Decision 1% 1%
2019-11-06 03:00 PM Interest Rate Decision 1%
2019-12-18 03:00 PM Interest Rate Decision 1%


Albania Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 8.50 1.00 percent [+]
Money Supply M0 421388.45 423556.33 425243.00 29998.00 ALL Million [+]
Money Supply M1 504385.74 494267.66 504385.74 27624.00 ALL Million [+]
Money Supply M2 745775.28 737761.04 745775.28 39937.20 ALL Million [+]
Money Supply M3 1283841.63 1272757.23 1283841.63 50185.40 ALL Million [+]
Banks Balance Sheet 1487871.30 1471046.20 1487871.30 340653.80 ALL Million [+]
Deposit Interest Rate 0.10 0.10 4.50 0.00 percent [+]
Lending Rate 1.90 1.90 8.00 1.90 percent [+]
Loans To Private Sector 329999.40 327896.00 405564.70 184093.10 ALL Million [+]
Central Bank Balance Sheet 525043.93 530138.45 556461.61 193527.85 ALL Million [+]


Albania Interest Rate

In Albania, interest rate decisions are taken by the Bank of Albania. The official interest rate is the 1-week repo rate. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 8.50 1.00 2001 - 2019 percent Daily




Country Last Previous
Argentina 85.99 Sep/19
Turkey 16.50 Sep/19
Mexico 8.00 Aug/19
Russia 7.00 Sep/19
South Africa 6.50 Aug/19
Brazil 6.00 Aug/19
Indonesia 5.50 Aug/19
India 5.40 Aug/19
China 4.25 Sep/19
Saudi Arabia 2.75 Aug/19
United States 2.25 Aug/19
Canada 1.75 Sep/19
Singapore 1.74 Aug/19
South Korea 1.50 Aug/19
Australia 1.00 Sep/19
United Kingdom 0.75 Aug/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Aug/19
Switzerland -0.75 Aug/19


Related

Latest