Industrial Production in Albania decreased 11.20 percent in the first quarter of 2020 over the same quarter in the previous year.
Industrial Production in Albania averaged 9.95 percent from 2006 until 2020, reaching an all time high of 45.70 percent in the first quarter of 2011 and a record low of -25.80 percent in the third quarter of 2016. This page provides the latest reported value for - Albania Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania Industrial Production - values, historical data and charts - was last updated on October of 2020.
Industrial Production in Albania is expected to be 10.97 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Albania to stand at 10.91 in 12 months time. In the long-term, the Albania Industrial Production is projected to trend around 12.13 percent in 2021 and 11.82 percent in 2022, according to our econometric models.