High taxes on the price of oil in Albania have a direct, but also indirect impact on the increase in product prices. First, let's clarify the structure of taxes on the price of oil. For every liter of oil sold in the...
According to the Business and Consumer Confidence Survey (BCCS)[1], for the month of May 2024, reported by the Bank of Albania[2], it is stated that "The Economic Sentiment Indicator[3]] in May 2024 marked a...
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...
In response to the economic situation of 2023 dominated by inflation, we think that it has had its own impact on the tax burden, especially on indirect taxes that are based on consumption and have a direct effect on daily...
The economy of Bosnia and Herzegovina[1] expanded by 1.7% real year-on-year in the fourth quarter of 2023, slowing from a 1.9% annual growth in the third quarter (see Tab. 4). In seasonally adjusted terms, fourth-quarter GDP rose 1.1%...
Economic growth in 2023 is estimated at 3.5%, supported by strong government consumption and some influential sectors such as construction and tourism and energy exports (see Table). The country had an exceptionally good tourist season in 2023, with the result that...
Economic growth has been strong in early 2023, but comes after slower economic growth in 2022 due to weaker private consumption and a larger drag from net exports[1]. Production growth had higher expectations but remained at the level of...
Serbia's economic growth accelerated in the second half of 2023, bringing GDP growth for the year to 2.5%, thanks to a better-than-expected performance of the agriculture and construction sectors, and a strong sector recovery of energy, after the crisis of...
The economy grew strongly in 2023, by around 6 percent, the highest in BP6, driven mostly by tourism, which exceeded 2019 levels, and the inflow of immigrants continued to support private consumption[1]. In 2024, tourism growth is expected...
Kosovo's economy has continued to perform well, despite the challenging external environment. Real GDP growth slowed to 3.3 percent in 2023, amid low growth in major trading partners and diaspora countries. Domestic demand was the main driver of the economy....
