Western Balkans

Our economic analysis for 2024: More economy and less political selfishness

As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....

Headline inflation and energy – fuel inflation in the OECD and the Balkans, August – October 2023

Headline inflation (year-on-year) in the OECD, as measured by the Consumer Price Index (CPI), eased to 6.2% in September 2023 from 6.4% in August, following increases in July and August. Inflation fell between August and September in 27 OECD countries. In...

Exports of goods and services in the last 5 years in the Balkans

Between 2016 and 2020 exports and imports from the Western Balkans increased by 4.4 billion and 3.9 billion euros respectively, despite the decline in 2020 due to the COVID-19 pandemic. In 2020, the trade surplus was 7.9 billion euros. The economies...

Public spending on education in the world and the Western Balkans

Education is an investment in the future as it brings numerous economic and social benefits to individuals and societies. Usually measured in relation to a nation's wealth, expenditure on education comes from public budgets, but it includes funding from individual...

An economic growth without growth for 2024, if not based on inclusiveness

As shown in the World Economic Outlook a few days ago, while the world has shown remarkable resilience, the recovery from the shocks of recent years is slow, below its potential and uneven. Growth is slow, because at 3-4 percent,...

The Berlin Process: The Challenge of Gaining EU Membership Through the “Growth Plan”

The Berlin Process is an initiative aimed at increasing regional cooperation in the Western Balkans and aiding the integration of the BP countries into the European Union. It was launched on August 28, 2014, by former German Chancellor Angela Merkel. The...

Employment and average salary in the second quarter of 2023 in the eyes of the fiscalist

The average gross monthly salary for an employee, during the second quarter of 2023, is ALL 70,905, increasing by 16.9%, compared to the same quarter last year. The average salary in the public sector is 82,207 ALL/month and in the...

Business immigration, a signal for smart policies and accountability

The migration of businesses is part of the movement of capital where the return and conditions of doing business are or are perceived as better. Businesses in the role of investors have a central role in the management of this...

Tax Systems in the Western Balkans, 2023

"Tax Systems in the Western Balkans, 2023" (in Albanian) is a paper based on the examination of the tax legislation in the practice of 2022 and compared with the report of previous years with the same theme of fiscal policies. This...

Foreign Direct Investments related to the tax burden in the Western Balkans

Average foreign direct investment in WB6 in 2022 is US$8.8 billion. Dollars, with a high increase of Serbia and Albania, which respectively have a share of 50.1% and 15.5% of FDI in BP6. In total FDI, it is seen that only...

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