wiiw Forecast Reports

ALBANIA: Growth will remain below potential

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Isilda Mara

in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 40-43

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Growth has been held back by uneven energy supply. Although it will pick up in the next two years, it will remain below its potential. Private and government consumption will continue to support growth, the former underpinned by positive labour market trends, while investment will remain subdued. Outward migration of the young and highly skilled remains a drag on growth potential. Further delays to the start of EU accession negotiations create the risk of backsliding on reforms.

 

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

Countries covered: Albania


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