Economic growth has been strong in early 2023, but comes after slower economic growth in 2022 due to weaker private consumption and a larger drag from net exports[1]. Production growth had higher expectations but remained at the level of...
The Tax Freedom Day for the Western Balkans (WB6) for 2024 is its 114th day[1]. In 2024, this day falls earlier in Kosovo, Albania and North Macedonia. In Bosnia-Herzegovina, Montenegro and Serbia, the day of fiscal freedom is...
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....
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...
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...
According to the international understanding of unit labor cost, it is seen as a broad measure of (international) price competition. It is calculated as the ratio of wages together with work-related compensations and bonuses to working hours. The calculation is...
Remittance flows for 2023 in Albania reached the amount of 929 million Euros, which have increased from last year by 95 million Euros more and are directed directly towards families for daily consumption, expenses for education, health, maintenance and travel....
In the indicators mentioned by Top Channel, referring to the data of the Bank of Albania, they show that in January the profits increased by 65% compared to the previous year in the amount of over 3.7 billion ALL...
