Real estate prices have grown faster than incomes in Albania, as in many other countries. They are continuing to grow even in 2024, but not at the high rates of recent years. Fred Harrison argues that rising prices are the key...
Economic performance varies significantly between the first quarters of the last 10 years (2015 -2024). In a comparative view of the gross domestic product (last column), according to the quarters between each other, the year 2020 shows a decrease in the...
The Producer Price Index (CPI) and the Consumer Price Index (CPI) are economic indicators that calculate the change in the price of a group of goods and services. The CPI shows the difference in the prices of products at the...
The informal economy is important to the formal economy because if its size is formalized year after year, this would potentially affect economic growth, but it would also increase government budget revenues and as a result improve social welfare. In an...
According to the Business and Consumer Confidence Survey (BCCS)[1], for the month of May 2024, reported by the Bank of Albania[2], it is stated that "The Economic Sentiment Indicator[3]] in May 2024 marked a...
In a look at the tax treatment for the entire Western Balkans of freelancers, we see that the highest tax rates are found in Albania and Serbia, respectively with 15% and 10% and 20% of their profit after some...
The relationship between wage setting and inflation has been closely monitored in recent years by the Bank of Albania and the former Ministry of Finance and Economy, as it was key to their success in achieving macroeconomic stabilization in an...
During the first 4 months of 2024, the second level banks have given an average of 940 million ALL in loans every day. The amount shows that the demand from businesses and citizens has increased this year. New loans for businesses...
In Kosovo, the methodology is the same to calculate the fiscal burden and the tax burden, as it was clarified for Albania. The burden of general (fiscal) revenues in Kosovo is the result of the contribution of 88% from tax revenues...
The method of calculating the tax burden expressed as taxes and taxes per inhabitant The tax burden is based on municipal/district data on population and local revenues collected by the Municipality, DPT and DPD. The income that is calculated as a...
