Albania

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GDP growth in 2026 is expected to slow slightly, to 3.6%, reflecting higher import costs and rising uncertainty. Domestic demand will remain the main engine of activity, supported by household and government spending, with tourism continuing to add momentum. External shocks pose a risk and may lift inflation through import prices. The rapid expansion of solar power will help reduce reliance on hydropower and soften the impact of global energy‑price swings, offering partial protection against external volatility.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons241023772400...
GDP, real change in %4.04.03.83.63.53.5
GDP per capita (EUR at PPP)155301675017700...
Gross industrial production, real change in %-8.4-7.5-2.6...
Unemployment rate - LFS, in %, average10.78.58.48.38.28.1
Average gross monthly wages, EUR648769860...
Consumer prices, % p.a.5.32.62.32.82.93.0
Fiscal balance in % of GDP-1.3-0.7-1.8-1.3-1.5-1.8
Public debt in % of GDP57.654.252.9...
Current account in % of GDP-1.2-2.4-0.7-1.9-2.2-2.0
FDI inflow, EUR m149815811635...
Gross external debt in % of GDP46.440.737.9...


Basic data are continuously updated.

* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.

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Monthly Report No. 1/2026

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 1, January 2026
58 pages including 6 Tables and 15 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details


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