Trade Balance in Albania

Albania Trade Balance | Economic News & Forecasts

Albania - Trade Balance

Growth accelerated to 4.5% in Q1. The expansion was fueled by the industry, electricity and water; and retail trade, transport, accommodation and food services sub-sectors. In addition, labor market dynamics were healthy; the unemployment rate declined, while the participation rate rose. Momentum likely largely carried over into Q2. In the first two months of the quarter, exports rose at a double-digit pace and the trade deficit narrowed. However, the budget balance slipped into deficit in the year to May, compared to a surplus in the same period last year. In late May, the IMF urged renewed fiscal consolidation to trim the elevated public debt.

Albania - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-     -     -     -     -     

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Albania Trade Balance Chart


Albania Trade Balance
Note: Trade balance in USD bn.
Source: Institute of Statistics and Met the why particular calculations

Albania Facts

ValueChangeDate
Exchange Rate117.8-0.56 %Jul 13
Stock Market0.10.0 %Jul 13

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