Albania current account to gdp

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Albania current account to gdp: -6 (-21.05%)
Last Update: December 31, 2022

Albania current account to gdp closed down -6 as of December 31, 2022 from -7.6 from the previous month and -11.3 from last year.


Albania current account to gdp Analytics & Data




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Albania current account to gdp

DateValues
2022-12-31 -6
2021-12-31 -7.6
2020-12-31 -8.7
2019-12-31 -7.6
2018-12-31 -6.7
2017-12-31 -7.5
2016-12-31 -7.5
2015-12-31 -8.6
2014-12-31 -10.8
2013-12-31 -9.3
2012-12-31 -10.2
2011-12-31 -13.2
2010-12-31 -11.3
2009-12-31 -15.4
2008-12-31 -15.7
2007-12-31 -10.37
2006-12-31 -5.64
2005-12-31 -6.1
2004-12-31 -3.99
2003-12-31 -4.97
2002-12-31 -7.16
2001-12-31 -3.07
2000-12-31 -3.68
1999-12-31 2.24

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Albania current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdpal.currentaccountgdp-6.0-7.6-21-47UPUP02022-12-31

Albania current account to gdp Factors

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Albania current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Albania current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Albania current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Albania current account to gdp

The current account to GDP ratio in Albania is a measure that reflects the country's overall economic health and its ability to maintain a balance between its imports and exports. A positive current account to GDP ratio indicates that the country is exporting more goods and services than it is importing, resulting in a surplus. This surplus can be used to invest in infrastructure, reduce debt, or strengthen the country's currency. On the other hand, a negative current account to GDP ratio suggests that the country is importing more than it is exporting, leading to a deficit. This deficit can result in increased debt and a decrease in the country's currency value. Monitoring and managing the current account to GDP ratio is crucial for Albania to ensure sustainable economic growth and stability.

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