AlbaniaEconomy Report Q1 2016

Albania’s GDP increased by 3.0% y/y and totalled ALL 315.2 bln in Q1 2016, according to flash estimates of the country’s Institute of Statistics (INSTAT).
Final consumption, which contributed 89.5% to the GDP, inched up by 1.2% y/y. Gross capital formation increased by 7.3%, contributing 23.2% to the GDP. Exports and imports grew by 10.3% and 6.1%, respectively.