Albania Forecast: Real GDP Growth
Key information about Albania Forecast: Real GDP Growth
- Albania Real GDP Growth is forecasted to be 2.250 % in Dec 2023 as reported by International Monetary Fund.
- It records no change from the last reported number of 3.740 % in Dec 2022.
- Looking ahead, Albania Real GDP Growth is projected to stand at 3.400 % in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Albania's Forecast: Real GDP Growth from 1980 to 2028 in the chart:
What is Albania's Forecast: Real GDP Growth in 2028?
Albania Real GDP Growth is forecasted to be 2.250 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.400 2028 | 3.400 2027 | -28.000 1991 | 12.891 1999 | % | yearly | 1980 - 2028 |
Forecast: Real GDP Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Afghanistan (%) | -2.351 2020 | yearly | 2003 - 2020 |
Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
Andorra (%) | 1.500 2028 | yearly | 2001 - 2028 |
Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
Aruba (%) | 1.100 2028 | yearly | 1987 - 2028 |
Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
Bhutan (%) | 3.877 2028 | yearly | 1980 - 2028 |
Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
Canada (%) | 1.669 2028 | yearly | 1980 - 2028 |
Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
China (%) | 3.437 2028 | yearly | 1980 - 2028 |
Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
Cyprus (%) | 2.862 2028 | yearly | 1980 - 2028 |
Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
Finland (%) | 1.246 2028 | yearly | 1980 - 2028 |
France (%) | 1.450 2028 | yearly | 1980 - 2028 |
Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
Iceland (%) | 2.329 2028 | yearly | 1980 - 2028 |
India (%) | 6.042 2029 | yearly | 1981 - 2029 |
Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
Kosovo (%) | 3.500 2028 | yearly | 2001 - 2028 |
Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
Lesotho (%) | 1.084 2029 | yearly | 1981 - 2029 |
Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
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Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 4.349 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -352.0 Jul 2023 | monthly | Oct 1998 - Jul 2023 |
Total Exports (USD mn) | 408.0 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
Total Exports Growth (%) | -4.0 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
Aluminum: Exports (USD th) | 73,748.623 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 1,425.239 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 2,692.727 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 759.9 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
Total Imports Growth (%) | -13.6 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
Imports: Medicament (USD th) | 290,156.569 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 25,366.794 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 2.840 Jul 2023 | monthly | Jan 1991 - Jul 2023 |
Total Imports from USA (USD mn) | 15.776 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
Total Exports to China (USD mn) | 6.539 Jul 2023 | monthly | Jan 2005 - Jul 2023 |
Total Imports from China (USD mn) | 84.133 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
Trade Balance: ALL (ALL mn) | -32,680.995 Jul 2023 | monthly | Jan 2005 - Jul 2023 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Direct Investment Abroad (USD mn) | 82.4 Jun 2023 | quarterly | Jun 2004 - Jun 2023 |
Current Account Balance (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Current Account Balance: % of GDP (%) | -2.9 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Foreign Direct Investment (USD mn) | 412.3 Jun 2023 | quarterly | Mar 1993 - Jun 2023 |
Foreign Direct Investment: % of GDP (%) | 6.8 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Foreign Portfolio Investment (USD mn) | 642.312 Jun 2023 | quarterly | Mar 2007 - Jun 2023 |
Foreign Portfolio Investment: % of GDP (%) | -0.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Foreign Portfolio Investment: Equity Securities (USD mn) | -0.6 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 642.878 Jun 2023 | quarterly | Mar 2007 - Jun 2023 |
External Debt (USD mn) | 11,119.4 Jun 2023 | quarterly | Dec 2003 - Jun 2023 |
External Debt: % of GDP (%) | 54.3 2022 | yearly | 1991 - 2022 |
External Debt: Short Term (USD mn) | 1,022.1 Jun 2023 | quarterly | Dec 2003 - Jun 2023 |
External Debt: Short Term: % of GDP (%) | 5.3 2022 | yearly | 1991 - 2022 |
Forecast: Current Account Balance (USD bn) | -1.857 2028 | yearly | 1980 - 2028 |
Net International Investment Position (USD mn) | -9,868.381 Dec 2022 | quarterly | Mar 2014 - Dec 2022 |
BoP: CU: Secondary Income: Debit (EUR mn) | 42.430 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CA: Transfers: Debit (EUR mn) | 142.500 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CA: Transfers (EUR mn) | 118.740 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: DI: Liabilities (EUR mn) | 378.580 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: Other Investment (OI) (EUR mn) | 34.750 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: Reserve Assets (EUR mn) | 542.620 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Services (EUR mn) | 793.950 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: DI: Assets (EUR mn) | 75.680 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: OI: Assets (EUR mn) | -83.250 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Services: Credit (EUR mn) | 1,522.430 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Goods: Credit (EUR mn) | 425.470 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Goods: Debit (EUR mn) | 1,645.510 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CA: Transfers: Credit (EUR mn) | 261.240 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: Financial Account (FA) (EUR mn) | -575.120 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Goods (EUR mn) | -1,220.040 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Secondary Income: Credit (EUR mn) | 342.170 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: Capital Account (CA) (EUR mn) | 119.320 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: OI: Liabilities (EUR mn) | -117.990 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Balance of Payments (BoP): Current Account (CU) (EUR mn) | -195.330 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: PI: Credit (EUR mn) | 186.020 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Secondary Income (EUR mn) | 299.740 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: Portfolio Investment (EUR mn) | -306.970 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: Direct Investment (DI) (EUR mn) | -302.900 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: Portfolio Investment: Assets (EUR mn) | 282.880 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: Errors and Omissions (EUR mn) | 43.500 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: PI: Debit (EUR mn) | 254.990 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: FA: Portfolio Investment: Liabilities (EUR mn) | 589.850 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Services: Debit (EUR mn) | 728.480 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
BoP: CU: Primary Income (PI) (EUR mn) | -68.980 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
International Investment Position (IIP): Net (EUR mn) | -9,386.080 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
IIP: Assets (EUR mn) | 10,412.410 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
IIP: Liabilities (EUR mn) | 19,798.490 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
Gross External Debt: EUR (EUR mn) | 10,182.570 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Foreign Direct Investment (FDI): Stock (EUR mn) | 11,725.380 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
FDI: Stock: Austria (EUR mn) | 737.660 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
FDI: Stock: Canada (EUR mn) | 1,491.420 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
FDI: Stock: Greece (EUR mn) | 216.900 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
FDI: Stock: Italy (EUR mn) | 1,255.930 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
FDI: Stock: Turkey (EUR mn) | 876.850 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
No of Registered Enterprises: New: Active (Unit) | 37,491.000 2022 | yearly | 1996 - 2022 |
No of Enterprises (Unit) | 104,030.950 2021 | yearly | 2011 - 2021 |
AL: BOP: Net Errors and Omissions (USD mn) | 141.190 2022 | yearly | 1980 - 2022 |
AL: BOP: Current Account: Personal Remittances: Paid (USD mn) | 149.490 2022 | yearly | 2003 - 2022 |
AL: BOP: Current Account: Personal Remittances: Received (USD mn) | 1,745.245 2022 | yearly | 1992 - 2022 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 5.3 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Household Debt: % of GDP (%) | 11.8 Mar 2023 | quarterly | Dec 2008 - Mar 2023 |
Non-Performing Loans (USD mn) | 379.147 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
Money Supply M1 (USD mn) | 7,531.296 Jun 2023 | monthly | Dec 1993 - Jun 2023 |
Money Supply M2 (USD mn) | 9,048.324 May 2023 | monthly | Dec 1993 - May 2023 |
M2 Growth (%) | 2.3 Jul 2023 | monthly | Dec 1994 - Jul 2023 |
Foreign Exchange Reserves (USD mn) | 5,527.1 Jun 2023 | monthly | Dec 1993 - Jun 2023 |
Foreign Exchange Reserves: % of GDP (%) | 25.299 Dec 2022 | quarterly | Dec 2008 - Dec 2022 |
Foreign Exchange Reserves: Months of Import (NA) | 7.3 Jun 2023 | monthly | Dec 1993 - Jun 2023 |
Gold Reserves (USD mn) | 212.102 Jul 2023 | monthly | Dec 1993 - Jul 2023 |
Total Deposits (USD mn) | 16,073.211 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Total Deposits Growth (%) | 1.6 Jul 2023 | monthly | Jul 2008 - Jul 2023 |
Domestic Credit (USD mn) | 12,235.5 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
Domestic Credit Growth (%) | -0.6 Jul 2023 | monthly | Dec 2003 - Jul 2023 |
Household Debt (USD mn) | 2,802.9 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Total Loans (USD mn) | 8,070.802 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
Total Loans Growth (%) | -1.16 Jul 2023 | monthly | Dec 2003 - Jul 2023 |
Private Debt: % of Nominal GDP (%) | 30.80 Mar 2023 | quarterly | Dec 2008 - Mar 2023 |
Official Reserve Assets (EUR mn) | 5,611.790 Jul 2023 | monthly | Dec 2013 - Jul 2023 |
Official Reserve Assets: Monetary Gold (EUR mn) | 192.470 Jul 2023 | monthly | Dec 2013 - Jul 2023 |
Banking System: Domestic Assets (ALL mn) | 1,207,562.140 Apr 2023 | monthly | Dec 2002 - Apr 2023 |
Banking System: Loans: OA: Corporate (ALL mn) | 443,464.240 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Banking System: Deposits: OA: Corporate (ALL mn) | 311,386.390 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Banking System: Loans: Outstanding Amounts (OA) (ALL mn) | 702,902.730 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Banking System: Loans: OA: Households (ALL mn) | 259,438.490 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Banking System: Deposits: OA (ALL mn) | 1,487,736.370 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Banking System: Deposits: OA: Households (ALL mn) | 1,176,349.980 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence: Net Balance (% Point) | -5.0 Mar 2021 | quarterly | Dec 2002 - Mar 2021 |
Business Confidence Growth (% Point) | 10.1 Jun 2023 | quarterly | Jun 2017 - Jun 2023 |
Business Survey: Industry: Capacity Utilization (%) | 80.713 Jun 2023 | quarterly | Jun 2007 - Jun 2023 |
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