Economy & Finance

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Growing interest from foreign tech firms in Albania highlights digital shift

Growing interest from foreign tech firms in Albania highlights digital shift

Foreign tech companies are increasingly choosing Albania to expand their coding and software operations. According to the Albanian government, this trend is no longer driven by cheap labor but by...
April 30, 2025 -
Economy
Credit surge in key sectors supports Albania’s export growth

Credit surge in key sectors supports Albania’s export growth

New data from the Bank of Albania shows that credit from second-tier banks is increasingly being directed toward the most productive and profitable sectors of the economy—a trend that is...
April 30, 2025 -
Economy
Albania’s economy grows 4.1% in 2024 despite global uncertainties

Albania’s economy grows 4.1% in 2024 despite global uncertainties

In an increasingly volatile world, Albania has managed to maintain economic stability. According to the latest report from the Bank of Albania, the country’s economy expanded by 4.1% in 2024,...
April 28, 2025 -
Economy
Consumer loans surge by 25% in Albania, raising financial stability concerns

Consumer loans surge by 25% in Albania, raising financial stability concerns

Consumer lending in Albania — loans not tied to home purchases or investment — rose by a striking 25% last year, according to the latest report from the Bank of...
April 28, 2025 -
Economy
Tirana leads sharp real estate surge as apartment prices soar 56% in six months

Tirana leads sharp real estate surge as apartment prices soar 56% in six months

Apartment prices in Albania have skyrocketed in the second half of 2024, with Tirana seeing the steepest increase. According to the latest Bank of Albania survey, nationwide housing prices rose...
April 25, 2025 -
Economy
Vlora International Airport to open in early May with inaugural Air Albania flight

Vlora International Airport to open in early May with inaugural Air Albania flight

Albania’s newest international gateway, Vlora International Airport, is set to officially open in the first days of May, marking a significant milestone for southern Albania’s infrastructure and tourism industry. The...
April 24, 2025 -
Economy

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