Remittances in Albania decreased to 152.39 EUR Million in the first quarter of 2020 from 181.87 EUR Million in the fourth quarter of 2019.

Remittances in Albania averaged 178.71 EUR Million from 2004 until 2020, reaching an all time high of 295.68 EUR Million in the third quarter of 2004 and a record low of 115.07 EUR Million in the first quarter of 2004. This page provides - Albania Remittances- actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Remittances - values, historical data and charts - was last updated on October of 2020.

Remittances in Albania is expected to be 179.11 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Albania to stand at 173.24 in 12 months time. In the long-term, the Albania Remittances is projected to trend around 173.17 EUR Million in 2021 and 173.05 EUR Million in 2022, according to our econometric models.

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Albania Remittances

Actual Previous Highest Lowest Dates Unit Frequency
152.39 181.87 295.68 115.07 2004 - 2020 EUR Million Quarterly

Albania Trade Last Previous Highest Lowest Unit
Balance of Trade -27109.70 -28801.90 -974.05 -39313.20 ALL Million [+]
Current Account -378.07 -226.04 32.35 -453.26 EUR Million [+]
Current Account to GDP -7.60 -6.70 2.24 -15.70 percent [+]
Imports 52352.20 48201.10 60809.20 1601.39 ALL Million [+]
Exports 25242.50 19399.20 30166.20 96.64 ALL Million [+]
Capital Flows -1086.85 -186.13 357.92 -1086.85 EUR Million [+]
Gold Reserves 2.80 2.80 3.73 1.57 Tonnes [+]
Foreign Direct Investment 227.00 275.00 337.40 28.01 EUR Million [+]
External Debt 8908.20 8210.70 8908.20 2405.70 EUR Million [+]
Crude Oil Production 14.00 14.00 24.00 5.00 BBL/D/1K [+]
Terrorism Index 0.42 1.01 2.12 0.00 [+]
Tourist Arrivals 208171.00 573723.00 3325050.00 62116.00 [+]
Remittances 152.39 181.87 295.68 115.07 EUR Million [+]


Albania Remittances
In Albania, Remittances refers to inflows of migrants’ and short-term employee income transfers.