In-depth country-focused analysis on Albania's economic, political and operational risk environment, complemented by detailed sector insight


Our comprehensive assessment of Albania's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Albania, as well as the latest industry developments that could impact Albania's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Albania before your competitors.

Albania Country Risk

BMI View:

Core Views

  • Infrastructure investment and a strong textile sector will continue to drive economic growth acceleration in Albania. However, with mining sector output suffering at the hands of low oil prices and the fundamentals of Albania's construction sector deteriorating, we caution that downside risks to our growth outlook are becoming more significant.

  • We forecast real GDP growth of 3.1% in 2016, up from 2.8% in 2015, and see it accelerate to 3.6% in 2017 and 2018. From a value added perspective, Albania's economy is highly reliant on agricultural production and wholesale and retail trade, which make up the greatest share of economic output.

  • Albania's current account will remain firmly in deficit over our forecast period to 2020, primarily as a result of a large trade deficit. While the shortfall will be covered...

Albania Industry Coverage (2)

Albania Oil & Gas

BMI View:

BMI View: Weak oil prices have essentially stalled exploration and development work in Albania's upstream, and will negatively impact production in 2016. Two key companies are exiting their position in the country, though Shell is involved in a new drilling campaign.

Headline Forecasts (Albania 2014-2020)
2014e 2015e 2016f ...

Albania Telecommunications

BMI View:

BMI View : Albania is one of Europe's most challenging telecoms markets from an investment perspective. Although numerous alternative operators challenge the incumbent, aggressive price competition hampers their ability to develop advanced monetisable services. Efforts to eliminate inactive mobile accounts cause highly variable growth trends, making it difficult to accurately gauge the market's size and trajectory. In the wireline arena, customers are migrating to cheap mobile broadband services, hampering the development of fixed broadband. Although the...

Latest Albania Articles

Latest Albania Blogs

  • Most of the discussions surrounding Greece's potential exit ('Grexit') from...

  • With negotiations coming to a head, our core scenario is for Greece to rema...

  • The political crisis in Macedonia merits considerable vigilance, for if the...


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