Consumption in Albania

Albania Consumption | Economic News & Forecasts

Albania - Consumption

The economy likely continued to perform well heading into the third quarter. In July, tourist arrivals surged year-on-year, while exports continued to rise at an elevated pace thanks to strong showings from the construction materials and metals; and minerals, fuels and electricity sub-sectors. On the fiscal front, the budget was in surplus in the first seven months of the year on solid tax revenue growth. Although GDP figures for Q2 are still outstanding, the economy should have largely maintained the healthy momentum from the first quarter. In Q2, consumer credit growth remained in double digits, suggesting private consumption was likely robust.

Albania - Consumption Data

2013  2014  2015  2016  2017  
Consumption (annual variation in %)1.8  2.8  0.9  2.6  2.9  

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Albania Consumption Chart

Albania Consumption
Note: Private Consumption, annual variation in %.
Source: Institute of Statistics

Albania Facts

Exchange Rate117.8-0.56 %Sep 24
Stock Market0.10.0 %Sep 24

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