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Albania's GDP grows by 3.55% y/y in Q3

Dec 29, 2017, 12:25:22 PMArticle by Klaudjo Jonuzaj
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TIRANA (Albania), December 29 (SeeNews) – Albania's gross domestic product (GDP) grew by an estimated 3.55% year-on-year in the third quarter of 2017, official statistics indicated on Friday.

Albania's GDP grows by 3.55% y/y in Q3
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On a quarterly comparison basis, Albania's GDP increased by 0.38% in the July-September period, the country's statistical office, INSTAT, said in a quarterly report on the country's economic growth.

The main contributors to Albania's economic growth in the third quarter were retail, transport and accommodation services, as well as public administration, education, health and construction.

In 2016, Albania's economy expanded by an estimated 3.5%.

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