Industrial Production in Albania increased 4.90 percent in the third quarter of 2019 over the same quarter in the previous year.

Industrial Production in Albania averaged 10.42 percent from 2006 until 2019, reaching an all time high of 45.70 percent in the first quarter of 2011 and a record low of -25.80 percent in the third quarter of 2016. This page provides the latest reported value for - Albania Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Albania is expected to be 10.97 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Albania to stand at 10.91 in 12 months time. In the long-term, the Albania Industrial Production is projected to trend around 11.82 percent in 2020, according to our econometric models.

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Albania Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.90 6.10 45.70 -25.80 2006 - 2019 percent Quarterly
2010=100, NSA

Albania Industrial Production
In Albania, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.