economic growth

The invisible decline in GDP

In Albania’s economic horizon, the year 2024 represents a silent turning point, where after a period of moderate expansion and hope for export diversification, the figures reversed. Statistical data show that exports fell by 15.4%, while imports increased by...

Public debt, a lasting burden with partial benefits

Public debt is not inherently negative. It is a financial instrument that governments use to cover the gap between expenditures and collected revenues (taxes, fees, tariffs, etc.). When there is a budget deficit, the government finances itself through borrowing from...

Albanian economy in 2023 with moderate growth and need for structural reforms

In June 2025, the Institute of Statistics (INSTAT) published the "Supply-Use Tables for 2023," a key document that offers a detailed overview of the economic structure of Albania. This publication is important for analyzing the dynamics of production, consumption,...

Albania without a capital market: Impaired development and distorted competition

Albania is the only country in the region without a functioning capital market, a gap that is becoming a visible obstacle to economic development and financial justice. At a time when Albania aspires to transition toward a formalized, diversified, and European-integrated...

Reinvested profits increase in Albania, new capital stagnates – experts call for fiscal stability to encourage long-term investments

ALTAX presents a thematic study analysis on dividend taxation and a proposal for its reformulation. Foreign direct investments in Albania have undergone a noticeable structural change during the period 2019–2024, where reinvested profits have doubled (+115%), while new capital has seen...

Innovation and better Resource Allocation

In an effort to contribute to development and the improvement of living conditions in Albania, ALTAX has prepared an in-depth analysis of the challenges and opportunities for the country’s economic growth. The article examines the key factors that can influence...

From ‘BB-‘ to ‘BB’: What lies behind Albania’s new Credit Rating?

Standard & Poor’s decision to upgrade Albania’s credit rating from “BB-” to “BB” represents an important development for public finances and capital markets. On the surface, this signals an improvement in macroeconomic stability, debt management, and confidence in the country’s...

How much economic value can Albania generate through the creative economy?

The creative economy is one of the most promising sources of sustainable economic development in the 21st century. It combines creativity, culture, technology, and entrepreneurship to produce value-added products and services that can be exported, improve the country's image, and...

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