Economic growth slows down in Albania

In addition to the negative consequences of the budget, the energy crisis has damaged economic growth. The Institute of Statistics reported that after two quarterly growth of 4 percent, national production rose slower in the third quarter. “Bruto Interior Product in the third quarter of 2017 is estimated at an increase of 3,55 %, versus the quarter of [...]
In addition to the negative consequences of the budget, the energy crisis has damaged economic growth. The Institute of Statistics reported that after two quarterly growth of 4 percent, national production rose slower in the third quarter.
In addition to energy, other sectors have marked increases, particularly tourism, construction and the health sector.
“Hotels and Restorents and Transport by +0.90 percentage points, public administration, Education and Health by +0,89 percentage points, +0 construction,68 percentage points”, says INSTAT director, Top Channel.
From the arm of demand, the economy has been helped by increased consumption, while growth in investments has slowed from the two-sided levels in the first and second quarter.
The final concentration of the population, which constitutes the main weight of spending in the economy, increased by 3.25 %”, Ibrahimaj says.
In all, as nine months of national production has expanded by 3.87 per cent compared to years, a pace in line with the government's target and the IMF for a 3.9 per cent increase.












