The 2023 Budget based on Governmental Functions and Programs, Initial Plan, revisions to the annual plan

This article aims to draw attention to the planning of budget expenditures based on different functions for the year 2023 and their categorization by Government program. The data were extracted from the Plans approved by the Law on the 2023 Budget (Law No. 84/2022). For 2023, the planned expenditures amount to 698 billion Lek. The largest portion of expenditures is composed by the function of…

Maritime Transport volume and it’s share against the total Freight Transport, nine months 2022 as well as the trend in the years 2006 – 2022

Maritime transport is the main method for the transportation of goods in Albania and until 2021, this sector accounted for almost half of the total import – export transportation of goods. The situation headed towards a turning point in 2022, where the processing of goods through seaports showed a decrease in the volume, as well as share against the total transportation of goods. The data…

European Sovereignty Index: Ranking of EU countries in Economy, Protection, Health, Technology and Climate 2022

The European Sovereignty Index was built to measure the contribution of EU member states to the construction of European sovereignty. The latter is to be achieved by achieving a high level of implementation of common European policies, achieving the common objectives at European level by member states, but it also independent initiatives from member states designed to help in the strengthening of the European coordination…

Domestic Electricity Production based on the Producing Entity, January – August 2022

Open Data is probing into the domestic net production of Electricity data, regarding both Public and Private Producers, as well as Concessionair companies. The data was extracted from the Energy Regulatory Entity (ERE) Electricity Market Reports for the January-August 2022 period. Currently, domestic electricity production consists of two main components: The production carried out by companies with state capital, like KESH sh.a. and Lanabregas sh.a.,…

The Construction Costs Index and the state’s decision to provide additional funding for Public works Contracts

The Albanian Government has approved the Normative Act, with the force of Law, act no. 10, dated May 18, 2022, for the Financial Compensation due to the increase in the price for some construction materials, based on the stipulations in the public contracts, as a result of the special situation created in the market during the year 2022, referring to market prices and construction cost…

Historical Inflation Rate in Albania since 1992 and European countries between 2010-2021

Open Data Albania is examining the inflation rate in Albania and other European countries based on the data obtained from the World Bank. The inflation rate represents the increase of the general level of the prices within an economy. According to the Bank of Albania, inflation officially started to be measured in July 1992, so we have presented how the inflation rate has changed in…

Consumer Price Index based on Goods and Services, 2022 vs. 2021

Open Data Albania is examining the annual changes in the consumer price index by category of goods and services, for the March 2021-March 2022 period. If we assess the changes by category, “Transport” has had the biggest hike in a year, with a 19.9% increase, followed by “Food and Non-alcoholic Beverages” with 9.3% and “Alcoholic beverages and tobacco” increased by 4.9%. Source: INSTAT Comments and…

Minimum wage and loss of consumption power from lack of actual indexation

Open Data Albania is conducting a research concerning the indexation of the official minimum wage in Albania over the years, more specifically during 2000-2022. During this period there has been a regular increase in the formal minimum wage, excluding 2007, 2014-2016, 2018 and 2020. For 2022, the minimum wage increased in advance in April, although it was planned for mid-year. The move came a result…

FEATURES OF HOUSEHOLD CONSUMPTION IN ALBANIA, TYPE-BASED EXPENSES 2020

Open Data Albania is analyzing the average monthly consumption in Albanian households, ie how much an average Albanian resident household spends each month to meet their individual needs for goods and services. The data under review were sourced from INSTAT. In 2020, an Albanian household spends on average of 83 475 ALL every month for consumer goods and services, a figure that is 20% higher…

Poverty Line in Albania: A comparison in the share of Population living under the national Poverty Line in European countries

Open Data Albania is analyzing statistical data from INSTAT related to the absolute poverty indicator at the national poverty line. Poverty is a expressed quantitatively through indicators of per capita income and the ability of individuals to meet basic living needs. Although Albania does not have a minimum living wage recognized by law, INSTAT publishes information on the number and percentage of the population living…

Basic Consumption and Production Costs: External and Internal Factors influencing rising costs, March and April 2022

Open Data Albania is analyzing causes and prospects for the increase in the overall level of prices and costs in Albania, as well as production, export or final consumption prices. To this end, we are listing external and internal factors for  influencing rising costs because, in addition to market embargoes due to the Russian Federation’s Aggression against Ukraine, there are also factors associated with domestic…

Number of Economic Entities in the country and what share is based in the Municipality of Tirana

Open Data Albania is looking into the share of official Economic Entities resident in the territory of the Municipality of Tirana, against the total number of Economic Entities in the country. The data was collected from the Statistical Register of Enterprises, INSTAT as well as official data published by the Municipality of Tirana. The Statistical Register of Enterprises (RSN) is published annually in June and…

Personal income tax in the Republic of Albania, January 2022

Open Data Albania is listing the types of personal income tax, i.e of the individual citizen or resident in the country, based on the type of income he generates (earns and collects). The listing excludes taxes extracted from the salary income or business income, but other revenue the individual generates, such as: rent, bank interests or lending; Property Sale profit – the difference between the…

The Price of Electricity for Businesses during 2015-2022 and Aspects of Market Liberalization

Open Data Albania is examining the process of liberalization of electricity market and selling price of electricity for Businesses consumers, based on the supply voltage, for the 2015-2022 period. More specifically, businesses are classified as: Customers supplied with 35 kilovolt voltage (kV), Customers supplied with 20/10/6 kilovolt voltage (kV), Customers supplied with 0.4 kilovolt voltage (kV), Bakery and Flour Production Factory business category with 20/10/6…