Pages

56 pages

Released

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Albania’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Albania’s economy in relation to world’s major economies?
  • What is the size of Albania’s population?
  • What is the demographic structure of Albania? Is it favorable for economic growth?
  • How has the structure of Albania’s GDP changed over the years?
  • How much does the Albania’s economy rely on external trade?

2.      Competitiveness

Part of the country’s economic profile, this section explores Albania’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Albania’s economy in?
  • How is the average wage in Albania compared to others in the region?
  • How has the labor productivity in Albania changed over the years and in relation with comparable countries?
  • How competitive is Albania?
  • How are Albania’s competitive factors compared to those of other countries?
  • Is it easy to do business in Albania?
  • How good is Albania in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Albania?

3.      Economic development

Part of the country’s economic profile, this section explores Albania’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Albania?
  • Is there still a lot of poor people in Albania? How does it compare to others?
  • Is unemployment the issue for Albania?
  • How is income distributed in Albania and how does it compare to others?
  • What is the current level of human development in Albania?
  • How has quality of life in Albania changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Albania’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Albania’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Albania’s economy in the last year?
  • What were the source of growth for Albania’s economy in the last 5 quarters?
  • What is the growth outlook for Albania’s economy over the next 3 years and how does it compare with others?
  • How has the growth outlook for Albania changed over the past few months?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Albania’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Albania and how does it compare with others?
  • How healthy is the Albania’s banking sector?
  • What has been the return of the stock markets and how does it compare with others?
  • What is the fiscal risk in Albania?
  • Does the government have enough money to invest or continue to subsidize certain program? What is the likelihood of raising tax?
  • What is the balance of payment risk for Albania?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • Does Albania have enough international reserves to service its debt and for import?
  • What is the FX risk? How has the ALL performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Albania and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency