formalization

Tax revenues are growing faster than the economy, but not all of the difference is due to formalization.

An ALTAX Insight analysis for the first eight months of 2026 shows that approximately 86–90% of the growth in tax and customs revenues is explained by the nominal expansion of the economy.Tax and customs revenues increased by ALL 25.1 billion...

Tourism in Albania in 2021–2025 with impressive growth, but with deep challenges for sustainability and local inclusion

Over the past five years, data on tourist overnight stays show a positive and dynamic outlook for tourism in Albania, reflecting a rapid recovery and resilience in the development of this key sector for the domestic economy. After the challenging...

Albanian tourism 2021 – 2025 is moving from quantitative growth to sustainable formalization

During the period 2021–2025, tourism in Albania has moved from a post-pandemic recovery phase to a consolidation phase with clear growth trends. Data on overnight stays (the number of nights spent by visitors in accommodation facilities) show not only a...

We present the analysis on cash outside the banking system and its impact on and from informality

The ALTAX Center is pleased to invite you to the presentation of its latest study on money outside banks linked to the informal economy in Albania. The study will analyze the key factors contributing to the growth of cash outside...

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