In the third quarter of 2025, the Construction Cost Index (IKN) reached 114.0 points, reflecting a year-on-year increase of 1.4%. This slightly lower growth compared to the previous year indicates a slowdown in cost pressures in the construction sector....
During the decade 2014–2025, the Albanian economy has experienced a fluctuating growth trajectory, starting from a slow recovery after the global financial crisis, a rapid acceleration until 2018, a drastic decline in 2020 due to the COVID-19 pandemic, and a...
The economy appears to advance with figures that draw attention. Services face dynamism, retail is growing, while construction is one of the few productive sectors carrying weight. Yet, when we delve deeper into citizens’ daily lives, the picture becomes concerning. The...
Informality in Albania refers to the part of the economy that operates outside formal regulations, taxes, and labor laws. This includes unregistered businesses, undeclared income, and informal employment. The informal sector has become significant in Albania, contributing to tax evasion, unfair...
Informality in Albania: Approaches to Overcoming It Based on Experience (in Albanian) is a study supported by ALTAX, as a policy document and with a roadmap approach through examples and presentation of experiences over three decades. This document is...
According to the World Bank's latest analysis of the shortcomings and achievements of the economies of the Western Balkans, they seem to be learning from the fact that “they are subject to increasing pressures on their external sectors in...
Inward flows of remittances have grown rapidly in recent years, with an average growth rate in the last 3 years (2021-2023) of 10.5% and dominate all other annual financial flows from sources abroad. Despite these trends, which began to increase...
After monitoring the progress of the tax and regulatory legislation for construction, as a process and as a salable product in the Albanian market, our experts drafted a material processed from data and online legal publications, from the processing of...
According to the latest INSTAT publication on national accounts [1], “The Gross Domestic Product (GDP) in the third quarter of 2023 is estimated to increase by 3.46%, compared to the third quarter of 2022. The following branches of economy...
The private apartment market in the country has stalled in recent months. Buying a new apartment in Albania, but especially in Tirana and cities where there is a lot of construction, is a difficult task and is particularly challenging. The biggest...
