The central bank of Albania held its monetary policy rate at 1 percent on October 3rd 2018, saying inflationary pressures from foreign markets were offset by a stronger currency. In August, annual inflation rate edged down to 2.2 percent from 2.3 percent in July and is expected to return to the target of 3 percent by 2020. Policymakers added that the normalization of interest rates will not start before the second quarter of 2019. The overnight deposit facility rate and the overnight lending rate were also kept at 0.1 percent and 1.9 percent, respectively. Interest Rate in Albania averaged 4.54 percent from 2001 until 2018, 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 1.25 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
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-06 02:50 PM Interest Rate Decision 1% 1.25%
2018-07-04 02:35 PM Interest Rate Decision 1% 1% 1%
2018-08-01 02:25 PM Interest Rate Decision 1% 1% 1%
2018-10-03 02:30 PM Interest Rate Decision 1% 1% 1%
2018-12-19 03:00 PM Interest Rate Decision 1% 1%


Albania Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 8.50 1.00 percent [+]
Money Supply M0 403697.08 413029.76 425243.00 29998.00 ALL Million [+]
Money Supply M1 464643.04 469046.68 469046.68 27624.00 ALL Million [+]
Money Supply M2 717486.70 722979.66 738900.00 39937.20 ALL Million [+]
Money Supply M3 1248688.82 1254291.70 1266907.00 50185.40 ALL Million [+]
Banks Balance Sheet 1485683.70 1469560.30 1485683.70 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 322399.30 321167.50 405564.70 184093.10 ALL Million [+]
Central Bank Balance Sheet 556461.61 534166.01 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 8.50 1.00 2001 - 2018 percent Daily




Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Oct/18
Mexico 8.00 Nov/18
Russia 7.50 Oct/18
South Africa 6.75 Nov/18
Brazil 6.50 Oct/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Oct/18
Saudi Arabia 2.75 Oct/18
United States 2.25 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
Singapore 1.45 Oct/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Oct/18
France 0.00 Oct/18
Germany 0.00 Oct/18
Italy 0.00 Oct/18
Netherlands 0.00 Oct/18
Spain 0.00 Oct/18
Japan -0.10 Oct/18
Switzerland -0.75 Oct/18


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