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Economy of Albania maintains stability, but faces structural constraints in almost the first half of 2026

The Albanian economy continues to maintain acceptable macroeconomic stability during the first months of 2026, but is clearly showing signs of slowdown and lack of deep structural transformation. According to the analysis of independent economic minds, annual growth is expected...

Extreme concentration of banking capital in Tirana and the redesign of Albania’s economic geography

In economies that develop in an organic and balanced manner, savings are usually distributed roughly where income and economic activity are generated. Industrial cities build deposits on the basis of production, tourist areas on services and seasonality, agricultural regions on...

When capital begins to leave the territory, the economy changes the financial map and the balance of the country’s future.

ALTAX Observatory publishes the in-depth analysis “Territorial Financial Concentration in Albania”, a policy document that raises one of the most important economic alarms of the decade: Albania is gradually entering a development model where economic growth, financial capital, lending...

Public investment deficit and its effects on the economy and budget

Delays in public investments do not stop at the direct cost of the project. They create a negative chain that affects the entire economy. This section explains how the damage from delays is transmitted into the real economy, identifying three...

Architecture of public projects in Albania

To deeply understand the problem of delays, it is essential to create a clear 'map' of the architecture of public investments. This section presents the structure of the infrastructure investment portfolio, classifying projects by sector, size, region and maturity level. The...

Albania invests heavily, but delivers little — a story of a major implementation deficit

Every year, the Albanian state pours between 5% and 7% of GDP into infrastructure — a level that appears impressive and stands above the average of countries in the region. Millions of euros go toward roads, schools, water networks, drainage...

How can the large passive accumulation of wealth in Albania be taxed more fairly, without harming productive capital and investment?

The Albanian economy is undergoing a rapid economic transformation, where wealth is being accumulated unevenly, mainly in a passive and concentrated form. The debate on the application of a wealth tax is legitimate, but it must be built on the...

Strategic Analysis of Business Demography in Albania 2022–2024

In 2024, the Albanian economy records 127,634 active enterprises, with 15,521 new enterprises and 975 closures. Although the number of enterprises is gradually increasing, the economy remains dominated by micro-enterprises (50.9% without paid employees), low value-added trade, and services. This structure...

Are Albanian capital outflows abroad a signal of economic maturity or a symptom of structural weaknesses?

Albania has recorded a notable acceleration in capital outflows in recent years, combining the legitimate diversification of private wealth with the possible integration of funds of questionable origin into international assets. According to Eurostat, the stock of real estate owned...

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