productivity

What does the World Bank reveal about the economic growth model?

Albania confronts the Productivity test: From economic growth to quality development The World Bank report Europe and Central Asia Economic Update: Making AI Work: Jobs, Firms, and Productivity, published on 6 October 2026, places Albania’s economic development in a broader...

Consumption is growing faster than production, we are entering a new cycle of demand, prices and imports

The latest data are showing an important change in the way the Albanian economy is moving. Consumption is accelerating, while price pressures from imports and production remain weak. The Albanian economy is entering a phase where demand indicators and cost indicators...

Wage growth of 9.8% and stabilization of the labor market in Q2 2026, the effect on the economy, business and the public-private gap

According to the latest data from the Institute of Statistics (INSTAT), published on September 10, 2026, the average monthly gross wage for an employee with a salary reached 92,150 ALL in the second quarter of 2026. This marks an increase...

ALTAX Launches the English Edition of “The Skills Absurdity and Wage Polarization”

Albania’s labor market has reached a new structural turning point: employment is at record levels, wages are rising, yet businesses increasingly struggle to find qualified workers. ALTAX announces the publication of the English edition of “The Skills Absurdity and Wage Polarization”,...

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...

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