Construction output in Albania decreased 9.70 percent in March of 2020 over the same month in the previous year.
Construction Output in Albania averaged 9.31 percent from 2006 until 2020, reaching an all time high of 88.20 percent in the second quarter of 2008 and a record low of -31.10 percent in the first quarter of 2013. This page provides - Albania Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Construction Output - values, historical data and charts - was last updated on August of 2020.
Construction Output in Albania is expected to be 5.03 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Albania to stand at 3.73 in 12 months time. In the long-term, the Albania Construction Output is projected to trend around 3.33 percent in 2021 and 3.46 percent in 2022, according to our econometric models.