by admin | Oct 27, 2023 | Uncategorized
Albanian Minister of Tourism and Environment Mirela Kumbaro announced that Albania has welcomed 8.3 million tourists from January to September, surpassing the total figures for 2022 and solidifying itself as the best year for tourism. In a social media post, the...
by admin | Apr 12, 2023 | Uncategorized
The Albanian economy grew at a slow pace in 2023, despite acceleration in the second half of the year. With the assessment of the fourth quarter, the Institute of Statistics (INSTAT) provides a preliminary estimation of GDP for 2023, which, based on quarterly...
by admin | Dec 28, 2022 | Uncategorized
Economic Recovery After the Pandemic Albania experienced solid economic growth in 2022, demonstrating resilience after the global disruptions of previous years. The country’s GDP grew by approximately 4.8%, reflecting strong recovery across several sectors of the...
by admin | May 20, 2020 | Uncategorized
Gradual Economic Stabilization Following the initial shock of the pandemic in early 2020, Albania began to experience gradual economic stabilization during the second half of the year. By mid-2020 and into early 2021, economic activity showed early signs of recovery...
by admin | Mar 20, 2020 | Uncategorized
Economic Impact of the Global Pandemic The year 2020 was one of the most challenging periods for Albania’s economy in recent decades. The global COVID-19 pandemic disrupted economic activity across all sectors, with tourism, services, and trade experiencing...
by admin | Nov 29, 2019 | Uncategorized
Growth Before the Shock In 2019, Albania was on a stable economic trajectory. Growth was driven by construction, energy projects, and a steadily expanding tourism sector. Investor confidence was gradually improving, supported by infrastructure development and regional...
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