Albania Industry Confidence Indicator2022 Data | 2023 Forecast

Name: Albania Industry Confidence Indicator
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Albania,Business Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Business Confidence in Albania increased to -1.50 points in the first quarter of 2021 from -11 points in the fourth quarter of 2020. source: Bank of Albania

Business Confidence in Albania averaged -7.39 points from 2002 until 2021, reaching an all time high of 5.50 points in the second quarter of 2017 and a record low of -29.30 points in the second quarter of 2020. This page provides - Albania Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Industry Confidence Indicator - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Business Confidence in Albania is expected to be -12.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Industry Confidence Indicator is projected to trend around -6.00 points in 2022, according to our econometric models.

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Albania Industry Confidence Indicator

In Albania, the Industrial Confidence Indicator measures entrepreneurs’ sentiment about production expectations, employment, order books and stocks of finished products. The Index is seasonally adjusted and varies between -100 and 100. The ICI equals -100 when there is extreme lack of confidence, 0 indicates neutrality and 100 extreme confidence.