Open Data Albania has updated data on the number of contributors to the social security scheme under each category. Up to 2013, the number of self- employed in agriculture contributors was calculated on the basis of periods paid by individuals considering purchases made here since 1994, because of the late payment interest?s forgiveness. This is one of the reasons due to which the 2014 report…
The average monthly wage in the private and public sector in Albania and the countries of the region
Open Data Albania is researching on the level of average monthly wage in the public and private sector. The average monthly wage is the gross wage received by an employee in the public / private sector for the work performed. This salary consists of: a) basic salary for work performed; b) Additional payment for managerial functions; c) Additional payment for seniority; d) Additional payment for…
Foreign Exchange Reserves in Recent Years
This analysis from Open Data Albania is focused on the dynamics of the foreign exchange reserves in Albania in the last 10 years. Reserves are funds in foreign currency, which are managed from the Central Bank of Albania, mainly to cover foreign exchange needs for the country and to support it in cases of crisis. The main purpose of the reserves is: (a) Support and…
Wheat imports by country of origin, 2001-2014
Open Data Albania has updated data regarding the import of wheat and wheat-rye mixture (muslin) for 2014. The analysis is based on data provided from the International Trade Centre (ITC). In 2014, according to ITC, 269 398 tons of wheat and wheat-rye mix, with a value of 6628 billion were imported in 2014. The quantity imported in 2014 is about 6% higher than that of…
Foreign Debt of the Albanian Economy 2007-2015
This analysis from Open Data Albania is focused on the dynamics of the foreign debt of the Albanian economy in the last eight years. The gross foreign debt represents the total foreign debt of an economy (both the public and private sector) against non-residents denominated in foreign currency. In the first quarter of 2015, the total foreign debt of Albania was 6,997.4 million EUR. During…
Wheat output in the Republic of Albania, 1998-2014
Open Data Albania is investigating the level of wheat output in the Republic of Albania for 1998-2014 period. The data used in the analysis were obtained from the Institute of Statistics. INSTAT drafted these statistics based on administrative information collected in the field by specialists of the Ministry of Agriculture, Rural Development and Water Management. According to the methodology used, wheat output is a synonym…
Structure of contributors by sectors and character of employment, 2008-2014
Open Data Albania is doing research on the structure of contributors to the social security scheme for the years 2008-2014. We performed our analysis based on 2014 statistical data published by Social Security Institute. Entities that make declarations concerning the social security scheme are public entities; business companies; the self-employed; self-employed in agriculture and voluntarily insured entities. State contributors and contributors receiving short-term benefits, including…
Remittances in the 2002-2014 Period and Their Dynamics in the Last Year
Open Data Albania has analyzed the dynamics of remittances in Albania for the period 2002-2014, and their country of origin in the last year. After Foreign Direct Investments (FDI), they are the second most important source of external financing in absolute and relative terms to GDP. Since 2002, remittances in Albania graphically (in million EUR): Source: Bank of Albania Statistical ReportComments and analysis: ODA Remittances…
Interest Rates in the Albanian Economy 2009-2015
Open Data Albania has studied the main interest rates in the Albanian Economy from 2009 until March 2015. The loan interest rate is an indicator of the average rate for loans given by banks for 1-year periods. The deposit rate is an indicator of the average deposit rate for 1-year deposits. The difference between the average loan rate and deposit rate is called the spread…
Albania’s Eurobond and Refinancing Opportunities in the Future
Albania issued its first Eurobond in international markets on November 4th of 2010. A Eurobond is a bond issued in international markets (not locally) with a maturity of 1 year or more. At the announcement the bond had a 7.625% yield. It matures in 09/11/2015, is issued in EUR, and the amount of issue was 300 million EUR. As the date of maturity of the…
Parliamentary Parties – 2009 Electoral Funds
The parliamentary parties are highly important subjects in the context of the Electoral Funds and Expenses. As such they benefit from public funds, and at the same time they can draw on the funds collected over the years. Parliamentary parties are considered the ones that, in the previous parliamentary elections, have won and hold at least one MP seat in the Assembly. In the 2009…
The Socialist Movement for Integration – 2009 Electoral Funds and Expenses
The Socialist Movement for Integration (SMI) is one of the parliamentary political parties competing in the 2009 parliamentary elections. SMI has submitted for auditing comprehensive balance sheets of its collected and spent funds after the completion of the election process. The electoral finances of this political party consist in public and non-public funds. During the 2009 electoral campaign, SMI has spent 22,889,831 Leks. Total collected…
Comparative analysis on the most expensive Election Campaign 2009 – 2013
Open Data Albania has conducted a research regarding expenditures in election campaigns held in the years 2009 – 2013, placing the values declared in a comparative position. The research is based on official data from the audit reports of the accounting experts. The most expensive campaign is the campaign for the Assembly elections held in 2013. The second most costly campaign is the one of…
‘Aleanca Kuq e Zi’ Party – Election Funding and Costs in the Campaign of 2013
‘Aleanca Kuq e Zi’ Party is a party which participated as an election subject in the last assembly elections. This party has provided for the coverage for its electoral activity a fund of 1,743,448 ALL. According to the declared reports, the party has spent the amount of 1,722,805 ALL recording an electoral fund surplus of 20.6 thousand ALL or 1.2% of the total. Source: http://www.cec.org.al/images/stories/zgjedhje-per-kuvend/2013/rap_audit/audit/A_Ku_Zi.pdfComments…
Fryma e Re Demokratike Party – Election Funding and expenses in the Election Campaign of 2013
‘Fryma e Re Demokratike’ Party is one of the electoral subjects registered for participation in the Assembly elections held on June 23, 2013. Although it is not a parliamentary party, ‘Fryma e Re Demokratike’ Party has managed to secure as the support for its electoral activities, a fund of about four million ALL. According to accounting registrations, the party spent the same amount as the…