wiiw Forecast Reports

ALBANIA: Fingers crossed for abundant rainfall


Isilda Mara

in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. 60-43

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GDP in 2022 will be 3.5%, backed by private consumption and, to a lesser extent, by investments. It will likely stay at above 3% over the forecast horizon. Inflation has been picking up very rapidly, but is still among the lowest in the region. Whether enough energy can be secured for the winter will depend on rainfall and on the volatile import prices, and is among the key risks to our growth forecast for this year and next.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Albania