Gross Domestic Product (GDP) in the OECD grew by 0.5% in the third quarter of 2023, at the same pace as the previous quarter. In the G7, quarterly GDP growth rose to 0.6% in the third quarter, from 0.4% in the...
Albania has trade relations with the entire world, but it has important trade relations with European countries, with the USA, as well as with Asian countries. Due to completely different tax systems (as in the case of the USA or...
The Berlin Process is an initiative aimed at increasing regional cooperation in the Western Balkans and aiding the integration of the BP countries into the European Union. It was launched on August 28, 2014, by former German Chancellor Angela Merkel. The...
The average gross monthly salary for an employee, during the second quarter of 2023, is ALL 70,905, increasing by 16.9%, compared to the same quarter last year. The average salary in the public sector is 82,207 ALL/month and in the...
In Albania, salary benefits for an employee moving more than 100 km from the workplace are determined by the Labor Code and the employer's internal policies. Benefits and salary increases for an employee moving more than 100 km depend on...
Average foreign direct investment in WB6 in 2022 is US$8.8 billion. Dollars, with a high increase of Serbia and Albania, which respectively have a share of 50.1% and 15.5% of FDI in BP6. In total FDI, it is seen that only...
The GDP of the Western Balkans in 2022 is calculated to have increased by an average of 3.75% with a decrease from the previous year with 4.75% or 1.4 times less average growth. Per capita income in 2021 in the...
