The quarterly data from INSTAT indicate that the services sector in Albania continued to grow during the second quarter of 2025, with positive performance across most key activities, reflecting a revival in consumption and economic activity following challenges in previous...
INSTAT data for Q2 2025 show a mixed picture for manufacturing and related economic activities The latest figures reveal a diverse economic dynamic, where some sectors are facing declines while others continue to grow at a solid pace, reflecting a differentiated...
The economic panorama of 2024, according to data published by INSTAT on non-financial accounts by institutional sectors, reflects a reality with two views: on the one hand, we have an economy that grows in nominal terms, driven by consumption...
According to historical data, the minimum wage in Albania has had an interrupted and politicized history since the 1990s. Initially, it was set to define a minimal standard of living after the transition from a planned economy to a free...
Raising the minimum wage is a complex decision that must consider the balance between workers' welfare and businesses' capacity to bear it. If the minimum wage increases without being based on productivity or economic growth, it may cause issues such...
To estimate the cost of increasing the average public sector wage in Albania from €1,000 to €1,300 by 2030, the following methodology can be applied: 1. Cost of the First Reform (€730 → €1,000) According to available data, the increase in public...
Wage growth is a complex issue tied to multiple economic, political, and labor market factors. It has both immediate and long-term impacts on employees and employers—but who is the primary beneficiary of this process? The answer depends on the perspective...
In today's meeting with prominent members of civil society and academic life of the country, as well as economic life and civil expertise, with the absence of members of the government and embassies attached to Tirana, ALTAX presented within...
Wage is by far the most complex topic to be managed by businesses and the government. It can be considered a source of disappointment for all these years. But what we want to discuss today based on the opinions of...
In the Eurozone, the government wage bill accounts for almost a quarter of total government expenditure and about 10% of GDP, so it is important from a macroeconomic point of view[1]. In Albania, the government wage bill...
