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.

Country Risk

Albania Country Risk

BMI View:

Core Views

  • Albania will remain attached to a relatively low growth trajectory over the coming years, amid subdued exports and government fiscal consolidation efforts.

  • More efforts need to be made to implement structural reforms aimed at tackling corruption and improving labour market flexibility, if Albania is to have any hope of converging with historically more developed regional peers.

  • Albania's large and entrenched trade balance shortfall will ensure that the country's current account remains firmly in deficit over the coming years.

  • Uncertainty in neighbouring Greece after the country's debt crisis will increase the scope for regional instability. It will also weigh on demand for Albanian exports to Greece and remittances inflows from Albanian workers based in Greece.


Albania Industry Coverage (2)

Oil & Gas

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 also looking to exit their position in the country as investment is pulled back.

Headline Forecasts (Albania 2014-2020)
2014 2015e 2016f 2017f ...


Albania Telecommunications

BMI View:

BMI View: Owing to the laggardly pace of regulatory reform, Albania is one of Europe's most challenging telecommunications markets from an investment perspective. Although there are numerous alternative operators challenging the incumbent in the mobile and wireline sectors, price-led competition hampers their ability to develop advanced monetisable services. The mobile market suffers, in particular, from a surfeit of inactive subscriptions. Efforts to eliminate these are causing 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 services and although the market is buoyed by demand for fixed broadband, the roll-out of 3G mobile broadband poses downside risks to growth. Although the incumbent has developed a high-speed network and aims to leverage IPTV to exploit its potential, the sector remains unattractive on...

Latest Albania Articles

  • Britain's exit ('Brexit') from the EU would have significant geopolitical i...

  • In BMI's regular round-up of production investments, we track the latest pr...

  • Record profits achieved in 2015 were due, in no small part, to the performa...

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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