Serbia's economic growth accelerated in the second half of 2023, bringing GDP growth for the year to 2.5%, thanks to a better-than-expected performance of the agriculture and construction sectors, and a strong sector recovery of energy, after the crisis of...
The economy grew strongly in 2023, by around 6 percent, the highest in BP6, driven mostly by tourism, which exceeded 2019 levels, and the inflow of immigrants continued to support private consumption[1]. In 2024, tourism growth is expected...
Kosovo's economy has continued to perform well, despite the challenging external environment. Real GDP growth slowed to 3.3 percent in 2023, amid low growth in major trading partners and diaspora countries. Domestic demand was the main driver of the economy....
Law No. 9920, dated 19.5.2008 "On Tax Procedures in the Republic of Albania" as amended and Instruction No. 24, dated 02.09.2008 "On Tax Procedures in the Republic of Albania", as amended, is the legal basis that determines the rules for...
In 2023, the population of the Western Balkans (WB6) is 16.98 million inhabitants from 17.34 million inhabitants two years ago, with a decrease of 2.1% (360,000 people). The biggest decrease is felt in Serbia with 220,000 individuals less, in Albania...
The employment rate in Tr. 4 2023 in developed countries and in the Western Balkans OECD[1] employment and labour force participation rates remained broadly stable at 70.1% and 73.8% in the fourth quarter of 2023, the highest levels recorded...
Usually the large risks of the economy also require their distribution under a stress test. If we remember, the risks that seemed reasonable during the pandemic period for the private sector just two or three years ago may no longer be...
Food inflation continued to decline for the 15th consecutive month, reaching 5.3% in February from 6.3% in January. OECD food inflation was lower than headline inflation for the first time since November 2021. Year-on-year inflation in the OECD, as measured by...
