Albania's Growth in 2011
|Highway construcion in Albania | Photo by : Besar Likmeta|
Transportation grew by 19.7 percent compared with the same period in 2010, trade was up 6.2 percent and industry expanded 4.7 percent.
The sectors that saw a decline in the third quarter of last year were services and post/telecommunications.
INSTAT has published quarterly data on economic growth since 2008.
Since then, positive preliminary estimates have often been revised to reveal downward trends, prompting debate about the credibility of preliminary government estimates. Some experts have complained that positive forecasts are issued due to political pressure.
The positive estimate for the third quarter of 2011 came after INSTAT cut the growth figure for the same period in 2010.
Albania’s government has often been at odds with the International Monetary Fund and with opposition politicians over economic growth forecasts.