Given the huge economic uncertainty generated by the spread of the coronavirus in Europe, we are currently only publishing headline real GDP growth forecasts for our countries. We will produce a full update of our forecasts as soon as is realistically possible.

map Albania
Main Economic Indicators201720182019202020212022
Population, 1000 persons287328662854...
GDP, real change in %
GDP per capita (EUR at PPP)910096009900...
Gross industrial production, real change in %-0.618.5-2.0...
Unemployment rate - LFS, in %, average13.712.311.511.0..
Average gross monthly wages, EUR365397426...
Consumer prices, % p.a.
Fiscal balance in % of GDP-2.0-1.6-1.9...
Public debt in % of GDP70.267.766.3...
Current account in % of GDP-7.5-6.8-7.6...
FDI inflow, EUR mn90010201080...
Gross external debt in % of GDP68.865.260.5...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

Forecasts as of March 2020 considering the effect of COVID-19 with a severe scenario. Due to this uncertain situation we only offer forecasts for GDP.


ALBANIA: Moderate growth and rising downside risks

Isilda Mara
in: Uncertainty in Turbulent Times
wiiw Forecast Report No. Spring 2020, March 2020 , pp. 61-65
Details and Buy


Monthly Report No. 6/2019

Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Hermine Vidovic and Goran Vuksic
wiiw Monthly Report No. 6, June 2019
27 pages including 24 Tables and 1 Figure