The Albanian Economy, as Presented in the Draft Budget Report for 2026, is depicted as a story of sustained success in the face of multiple crises over the past decade from the 2019 earthquake and the global pandemic to...
A typical day at the foreign exchange offices in downtown Tirana on 28 October 2025 reveals more than any statistical report. While the official euro exchange rate stands at around 96.8 lek, several currency exchange offices in the physical market...
The International Monetary Fund (IMF), in its October 2025 report, forecasts steady growth for Albania, albeit at moderate rates. According to the data, real GDP is expected to grow from 4.0% in 2023 and 2024, to 3.4% in 2025, positioning...
Albania finds itself at a delicate juncture where its monetary policy no longer wields the influence it once did. While the central bank has raised interest rates and maintained the stability of the lek, a significant portion of the economy...
The Strengthening of the Albanian Lek in Recent Years, mainly driven by high foreign currency inflows through tourism, remittances, real estate transactions, and capital movements, has been widely interpreted as a sign of macroeconomic stability and confidence in the Albanian...
Analysis of the Euro Exchange Rate in Albania (2023–2025) and Influencing FactorsEuro Exchange Rate Movement: A Continuous DepreciationOver the past three years, the euro has experienced a steady depreciation in the Albanian currency market:Start of 2023 → €1 = 116.09...
The increasing value of the Lek in relation to the Euro, the American Dollar, the British Pound in the currency market should be understood by all consumers and businesses, that the Lek can buy a greater amount of goods and...
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...
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 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...
