trade deficit

Balance of Payments Indicators for the period 2020–2024 and Outlook for 2025

To highlight the entirety of economic balances and to better understand the changes Albania has undergone in recent years, we will examine each indicator in detail, focusing on the factors that contributed to their development, as well as the contradictions...

What further lowered the exchange rate level at the start of the 2024 tourist season?

Euro in its exchange with the Lek at the beginning of May 2024[1] has depreciated on average by 3.7% since the end of 2023. If we look at the exchange rate of the Euro with the Lek, at...

The balance of payments shows us that the economy performs poorly and why tourism shows signs of growth

In the latest publication of the Bank of Albania, on September 11, we can see a clearer picture of the balance of payments made for the first 6 months of 2023. These payments summarize the transactions of the government, businesses,...

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