Page 24 - SE Outlook Regions 2022
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(SLS) ended with the largest number of mayors despite being absent
from national politics since 2014.
2.0 Macroeconomic outlook
2.1 Macroeconomy - Albania
Albania key economic figures and forecasts
2016 2017 2018 2019 2020 2021 2022
Nominal GDP ($ bn) 11.861 13.02 15.156 15.4 14888
Real GDP (% yoy) 3.3 3.8 4.0 2.1 -3.9 3.8 3.7
Industrial output (% yoy)
Unemployment rate (avg, %) 15.42 13.62 12.3 11.47 11.7
Consumer prices (avg, % yoy) -0.367 2.061 2.0 1.4 1.6
Consumer prices (eop, % yoy) 2.2 4.0 5.8 7.1 10.4 12.9
General budget balance (% of GDP) -0.72 -1.39 -1.35 -1.96 -6.68 -6.69
Public debt (% of GDP) 72.4 70.1 67.7 66.2 77.9
Current account balance (% of GDP) -7.591 -7.544 -6.665 -7.915 -8.83
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