The Gross Domestic Product (GDP) in Albania expanded 5.50 percent in the fourth quarter of 2021 over the same quarter of the previous year. source: Instituti i Statistikave (INSTAT)
GDP Annual Growth Rate in Albania averaged 3.84 percent from 1996 until 2021, reaching an all time high of 18.38 percent in the second quarter of 2021 and a record low of -11.33 percent in the second quarter of 2020. This page provides the latest reported value for - Albania GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
GDP Annual Growth Rate in Albania is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania GDP Annual Growth Rate is projected to trend around 4.00 percent in 2023, according to our econometric models.