Our analysis shows that income inequality is a major contributor to the distribution of household income, but not to the fair distribution of wealth and well-being in Western Balkan countries (WB6).This is observed in the case of possession of assets...
The tax systems in the Western Balkans (BP6) still have the greatest dependence on VAT and taxes on work (tax on income from work and insurance contributions).In the five of BP6 countries (excluding BiH), VAT payments carry a weight of...
This specificity of the weight carried by direct, indirect taxes and social contributions, etc., if we look at it according to the Tax Norms 2022 - 2024 in Statistics, it is observed that:1. Regarding direct taxes, countries such as Albania...
The tax burden includes taxes on consumption (indirect for the form addressed to individuals and businesses), direct taxes addressed directly to personal income from work, capital gains to individual and corporate income, and general taxes (including all forms of national...
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...
The Tax Freedom Day for the Western Balkans (WB6) for 2024 is its 114th day[1]. In 2024, this day falls earlier in Kosovo, Albania and North Macedonia. In Bosnia-Herzegovina, Montenegro and Serbia, the day of fiscal freedom is...
In 2023, the population of the Western Balkans (WB6) is 16.98 million inhabitants from 17.34 million inhabitants two years ago, with a decrease of 2.1% (360,000 people). The biggest decrease is felt in Serbia with 220,000 individuals less, in Albania...
The employment rate in Tr. 4 2023 in developed countries and in the Western BalkansOECD[1] employment and labour force participation rates remained broadly stable at 70.1% and 73.8% in the fourth quarter of 2023, the highest levels recorded...
Remittance flows for 2023 in Albania reached the amount of 929 million Euros, which have increased from last year by 95 million Euros more and are directed directly towards families for daily consumption, expenses for education, health, maintenance and travel....
Energy inflation in the OECD has been negative since May 2023 and remained so in 23 OECD countries. However, Türkiye and Colombia experienced energy inflation more than 25% in January 2024.Food inflation in the OECD continued to slow, to...
