The companies benefitting large sums of money from the State Treasury throughout the twelve months of 2022 are Shoqëri e Thjeshtë Intekar – ASL, Kastrati, G.P.G. Company, Gjoka 87 and Salillari. Source: Open Spending Albania Comments and Analyses: Open Data Albania Open Data Albania, using well-structured data present in the Open Spending Albania platform, has been identifying and ranking the 30 (thirty) economic operators with…
Open Data Albania is ranking the concession businesses, otherwise known as Private and Public Partnerships, based on the size of the funds benefited from the State Treasury throughout 2022. During this year, ALL 9.73 billion were distributed to concession companies directly from the budget. There are a few concessions, which are paid through Public Funds that, are not listed here, such as three concessions in…
Open Data Albania is disclosing the ownership regarding business companies that operate as Audiovisual Media in the Republic of Albania. Audiovisual Medias are licensed by the AMA and categorized as: National Private Licensed Audiovisual Entities and Private Analogue Audiovisual Entities. The research focuses on the number of licenses issued by category, shareholders and final owners of audiovisual media. On March 1st, 2023, there are 51…
Open Data Albania has conducted a research on capital growth and earnings performance of second-tier banks operating in Albania. In the period under review, active banks operating in the country have been reduced from 14 at the end of 2018 to 11 in 2022. This reduction in number has come as a result of the merger and absorption of banks or liquidation at the will…
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 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…
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…
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 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…
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…
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…
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…
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…
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…
Based on data published by the Bank of Albania, Open Data Albania is analyzing the origin of the Foreign Direct Investment Stock in the country. The FDI’s stock represents the value of assets owned by foreigners in the Albanian economy, in the form of capital and net loans they have given to resident companies at a certain point in time. FDI is an inflow into…
