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Albania Economy Report Q2 2016

Albania’s GDP increased by 3.2% y/y and totalled ALL 372.7 bln in Q2 2016, according to flash estimates of the country’s Institute of Statistics (INSTAT).

Final consumption, which contributed 86.9% to the GDP, went up by 3.6% y/y. Gross capital formation increased by 4.4%, contributing 24.2% to the GDP. Imports and exports grew by 19.8% and 3.9%, respectively.

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