Economy Expected to Expand by 3.7% in 2027
According to the latest projections of the World Bank, the economy will continue to grow, marking an expansion of 3.4%. This rate remains positive, although lower compared to the estimated growth of 3.8% during the previous year.
The international institution emphasizes that the slight decrease in the forecast is related to the deterioration of the economic climate at the global level, influenced by geopolitical tensions and rising energy costs.
However, the medium-term perspective for Albania remains optimistic, as the economy is expected to accelerate its pace in 2027 by 3.7%, while in 2028 to grow by 3.6%.
Economy expert Adrian Civici said for Scan TV that the main factors that are somehow influencing this slowdown are the conflicts in the Middle East, the increase in energy prices, and the uncertainty in international financial markets. “GDP growth at the level of 3.3%-3.4%, 3.6%, or even 4% as predicted by the Albanian government, indicates an economy that is not suffering from a structural or systemic shock. It is not shining in the sense of having spectacular growth, especially in the contribution of sectors to the country's economic growth. However, there is a stable growth at these levels. It is still low for the needs that Albania has, and due to the fact that economic growth is the main element on which tax revenues, public spending, the budget itself, and many other elements depend, it is still an appreciable growth,” said Professor Adrian Civici for Scan TV.
In the Western Balkans, expectations are for a general improvement in economic activity. Unlike the region, the global panorama appears more difficult. The World Bank has cut its global economic growth forecast to just 2.5% in 2026. The report warns that further escalation of geopolitical tensions could have even more severe consequences for the global economy.





