GDP

Government unveils 2025–2029 debt management strategy

The Albanian government has put forward for public consultation a new Debt Management Strategy for the 2025–2029 period. At the end of 2024, public debt stood at 1.365 trillion ALL,...

Construction costs rise in Albania despite easing in material prices

Albania’s construction sector is facing higher costs, particularly for wages and machinery, even as material prices show a slight decline. According to INSTAT, the Construction Cost Index for residential buildings...

Bank of Albania on 1H 2024: economic growth and improved financial stability

In the first half of 2024, the Albanian economy demonstrated resilience and steady growth, according to a report by the Bank of Albania. Key sectors, such as banking, showed positive...