wiiw Forecast Reports
ALBANIA: Higher growth despite headwinds
in: Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
wiiw Forecast Report No. Spring 2016, March 2016 , pp. 50-54
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Investment will continue to be a major component of growth whereas household consumption will recover only slowly, in parallel with improvements in employment and consumer confidence. Exports will continue to be negatively affected by the fall in international oil prices. For the next three years, foreign direct investments and other capital inflows will support a growth rate of more than 3%.
Countries covered: Albania