The Bank of Albania held its policy rate at 1 percent during its October meeting, saying that the current monetary policy stance remains appropriate to guarantee the return of inflation to the 3 percent target in the second half of 2021. Policymakers also said that normalization of monetary policy will be quite gradual and its start will not be earlier than the second quarter of 2020. The bank's overnight deposit and overnight loan rates were also kept at 0.1 percent and 1.9 percent respectively. Interest Rate in Albania averaged 4.36 percent from 2001 until 2019, reaching an all time high of 8.50 percent in April of 2002 and a record low of 1 percent in June of 2018.

Interest Rate in Albania is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Albania to stand at 1.00 in 12 months time. In the long-term, the Albania Interest Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

Albania Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-08 02:00 PM Interest Rate Decision 1% 1% 1%
2019-07-03 02:00 PM Interest Rate Decision 1% 1% 1%
2019-08-07 02:00 PM Interest Rate Decision 1% 1% 1%
2019-10-02 02:15 PM Interest Rate Decision 1% 1% 1%
2019-11-06 03:00 PM Interest Rate Decision 1% 1%
2019-12-18 03:00 PM Interest Rate Decision 1%


Albania Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 8.50 1.00 percent [+]
Money Supply M0 427319.82 421388.45 427319.82 29998.00 ALL Million [+]
Money Supply M1 507039.25 504385.74 507039.25 27624.00 ALL Million [+]
Money Supply M2 744567.79 745775.28 745775.28 39937.20 ALL Million [+]
Money Supply M3 1298675.51 1283841.63 1298675.51 50185.40 ALL Million [+]
Banks Balance Sheet 1487871.30 1471046.20 1487871.30 340653.80 ALL Million [+]
Deposit Interest Rate 0.10 0.10 4.50 0.00 percent [+]
Lending Rate 1.90 1.90 8.00 1.90 percent [+]
Loans To Private Sector 331612.20 329999.40 405564.70 184093.10 ALL Million [+]
Central Bank Balance Sheet 534753.98 525043.93 556461.61 193527.85 ALL Million [+]


Albania Interest Rate

In Albania, interest rate decisions are taken by the Bank of Albania. The official interest rate is the 1-week repo rate. This page provides the latest reported value for - Albania Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Albania Interest Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 8.50 1.00 2001 - 2019 percent Daily




Country Last Previous
Argentina 68.00 Oct/19
Turkey 16.50 Sep/19
Mexico 7.75 Sep/19
Russia 7.00 Sep/19
South Africa 6.50 Sep/19
Brazil 5.50 Sep/19
Indonesia 5.25 Sep/19
India 5.15 Oct/19
China 4.20 Oct/19
Saudi Arabia 2.50 Sep/19
United States 2.00 Sep/19
Canada 1.75 Sep/19
Singapore 1.72 Sep/19
South Korea 1.25 Oct/19
Australia 0.75 Oct/19
United Kingdom 0.75 Sep/19
Euro Area 0.00 Sep/19
France 0.00 Sep/19
Germany 0.00 Sep/19
Italy 0.00 Sep/19
Netherlands 0.00 Sep/19
Spain 0.00 Sep/19
Japan -0.10 Sep/19
Switzerland -0.75 Sep/19


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