productivity

Labor market in Albania 2021–2025 is profoundly transformed with a doubling of incomes and a structural shift in wages

A new analytical study on labor market developments in Albania for the period 2021–2025 highlights a profound structural transformation, which has directly impacted the growth of budget revenues, the formalization of work, and the redistribution of labor income. According to...

The economic engine of Western Balkans’ is shutting down and the gap with Europe is widening

The Western Balkans has always been a region closely linked to the fate of Europe and global developments. After decades of efforts to overcome the legacy of conflicts and to integrate into European structures, the engine of economic convergence that has...

From the devaluation of the euro to a National Export Strategy, 2026 – 2036

At the beginning of 2026, the euro has fallen to historically low levels against the lek (96.5–96.7 lek), producing a contradictory situation for the Albanian economy, where on the one hand macroeconomic stability and low inflation are presented at the...

The strength of Lek and the paradox of Albania’s Foreign Exchange market

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...

Productivity and the challenge of Reforms in a collaborative perspective

Albania’s economic history shows that the country has gone through different periods of growth, often closely linked to new political spaces and economic opportunities. After 1991, economic liberalization and large-scale privatizations created an initial boost in productivity, but it was...

The economic and monetary situation of Albania between stimulus and risk

In the second half of 2025, the Albanian economy finds itself in a delicate transition phase, with macroeconomic indicators presenting a dual picture: on one hand, stable economic growth, a strong labor market, and increasing purchasing power, and on the...

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