Albania Economy Report Q4 2015

Albania’s GDP increased by 2.6% y/y and totalled ALL 1,364.6 bln in 2015, according to flash estimates of the country’s Institute of Statistics (INSTAT).

Final consumption, which contributed 85.8% to the GDP, inched down by 0.5% y/y. Gross capital formation jumped by 11.3%, contributing 26.4% to the GDP. Imports dropped by 5.8%, while exports shrank by ALL 0.166 bln to ALL 382.3 bln.