Albania’s industrial confidence index decreased to -1.1 in the fourth quarter of 2019 from a downwardly revised 4.0 in the previous period, as expectations deteriorated for output (21.4 vs 27.6 in Q3) and employment (1.3 vs 6.8). On the other hand, improvements were seen regarding financial situation (14.1 vs 9.7) and selling prices (-0.6 vs -1.2).

Business Confidence in Albania averaged -6.95 points from 2002 until 2019, reaching an all time high of 5.40 points in the third quarter of 2006 and a record low of -27 points in the first quarter of 2009. This page provides - Albania Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Albania is expected to be -0.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Albania to stand at -4.50 in 12 months time. In the long-term, the Albania Industry Confidence Indicator is projected to trend around -5.00 points in 2020, according to our econometric models.


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Albania Industry Confidence Indicator

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 4.00 5.40 -27.00 2002 - 2019 points Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-04-10 10:30 AM Q1 -2 -1.3 -2.6
2019-07-09 10:40 AM Q2 -4.1 -1.8 -2.7
2019-10-07 02:00 PM Q3 4.2 -3.1 -3.1
2020-01-08 11:30 AM Q4 -1.1 4.0 2.5
2020-04-06 10:30 AM Q1 -1.1 -0.5


News Stream
2019-10-07
Albania Industry Morale Improves in Q3
The Industry Confidence Indicator in Albania increased by 7.3 points to 4.2 in the third quarter of 2019 from a revised -3.1 in the previous period, boosted by an improvement in production over the past three months (19.4 vs 4 in Q2) and order books (-10.4 vs -19.3). In contrast, stocks of finished products weighed on sentiment (-3.7 vs -6.1).

2019-07-09
Albania Industrial Morale Falls to 3-Year Low
Albania’s industrial confidence index decreased to -4.1 in the second quarter of 2019 from a downwardly revised -1.8 in the previous period. The reading pointed to the lowest level in industrial morale since the three-months to June of 2016, as new orders (-21 from -19.9 in Q1); new export orders (-24.2 from -10.2) and stock of finished products (-6.1 from -5.7) fell further. Also, expectations deteriorated for employment (6.1 from 9.0) and selling price (0.9 from 5.6). On the other hand, production expectations advanced (42.3 from 33.5).

2019-04-10
Albania Industrial Morale Lowest in Over 2 Years
Albania’s industrial confidence index decreased to an over two-year low of -2.0 in the first quarter of 2019 from -1.3 in the previous period. Expectations deteriorated for production (33.6 from 41.1 in Q4) and employment (9.4 from 13.1). In addition, new orders (-20.1 from -11.3) and new export orders (-9.2 from -8.5) fell further. On the other hand, production over the past three months (9.1 from 1.7) was assessed more positively and the expected selling price increased (5.6 from 4.4).


Albania Industry Confidence Indicator
In Albania, the Industrial Confidence Indicator measures entrepreneurs’ sentiment about production expectations, employment, order books and stocks of finished products. The Index is seasonally adjusted and varies between -100 and 100. The ICI equals -100 when there is extreme lack of confidence, 0 indicates neutrality and 100 extreme confidence.

Albania Business Last Previous Highest Lowest Unit
Business Confidence -1.10 4.00 5.40 -27.00 points [+]
Industrial Production 4.90 6.10 45.70 -25.80 percent [+]
Internet Speed 6792.76 6965.09 6965.09 811.24 KBps [+]
IP Addresses 122132.00 102515.00 122132.00 6336.00 IP [+]
Mining Production 1.20 -0.70 102.40 -45.20 percent [+]
Manufacturing Production 6.07 8.86 38.56 -17.76 percent [+]
Ease of Doing Business 82.00 63.00 108.00 58.00 [+]
Corruption Index 35.00 36.00 39.00 23.00 Points [+]
Corruption Rank 106.00 99.00 126.00 81.00 [+]
Competitiveness Index 57.61 58.10 58.10 3.48 Points [+]
Competitiveness Rank 81.00 76.00 109.00 76.00 [+]