remittances

Record wave of immigration to Albania 2025, economic opportunity or social and demographic crisis?

At the end of 2025, Albania entered uncharted territory for its modern history: 27,514 foreign nationals with valid residence permits, an absolute record representing an increase of 22% (+4,800 people) in just one year and a doubling compared to 2020. Applications...

Exchange rate dynamics in Albania, 2015-2025 in a structural reading

The analysis of the behavior of the exchange rate in Albania during the period 2015–2025 shows that the relationship between the lek and macroeconomic factors is neither uniform in time nor symmetrical in intensity. The exchange rate does not react...

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...

Monetary policy, Euroization challenges in 2025, and the need for credibility

Albania finds itself at a delicate juncture where its monetary policy no longer wields the influence it once did. While the central bank has raised interest rates and maintained the stability of the lek, a significant portion of the economy...

The Albanian economy in 2025 between superficial stability and structural fragility

In the first quarter of 2025, the Albanian economy presents a technical improvement in external balances, but behind this balance lies a more complex reality. The latest data from the Bank of Albania and based on previous analyses...

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