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…

Energy Purchase Price from the State and the Stock Exchange, 2012 -2021. Year and Month when the Difference Between Exchange Stock Prices and Energy Purchases Price by State is emphasized.

Source: HUPX, ERE 2021, Annual Report 2021 Comments and Analysis: Open Data Albania Source: HUPX, ERE 2021, Annual Report 2021 Comments and Analysis: Open Data Albania Source: HUPX, ERE 2021, Annual Report 2021 Comments and Analysis: Open Data Albania Source: HUPX, ERE 2021, Annual Report 2021 Comments and Analysis: Open Data Albania Source: HUPX, ERE 2021, Annual Report 2021 Comments and Analysis: Open Data Albania…

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…

Innovation Index, how Albania compares to the region

Open Data Albania is conducting an assessment on indicators related to Innovation. The latter are part of the Global Innovation Index IIG assessment, developed by the World Intellectual Property Organization (WIPO). The index evaluates and ranks 132 countries, among them Albania, where the highest the country’s ranking, the poorest its innovation performance. The Innovation Index measures and evaluates 81 indicators related to Institutions, Infrastructure, Human…

Costs on wages, Contributions and Mandatory Taxes on the Average Wage in Albania and Region, January 2022

In the following article we will analyze the costs APPLIED, other than the net salary (salary collected by the Employee), for an occupation with an average salary in Albania and the Region. Countries apply obligatory Health contributions; Social Security contributions as protection net for Retirement Pension and Disability, as well as Unemployment Insurance. Beyond the Contributions and the Insurance, individuals also pay Income Tax. Contributions…

Russian exports by main commodity groups, positioning in the international market

Open Data Albania is examining the foreign commercial trade of the Russian Federation based on commodity groups and trading countries. The analysis is being carried out in order to better understand which products may experience shortages in the future either in the international markets or in our country. We will also look what are the major importing countries over the last 3 years, concerning 10…

COMMERCIAL EXCHANGE: RUSSIAN IMPORT-EXPORTS WITH COUNTRIES APPLYING SANCTIONS

In this article we are listing the history of exports and imports of the Russian Federation with countries that are already applying trade sanctions and embargoes against her. Countries and Markets are being affected by trade sanctions and this is expected to have further effects in the coming months. On February 24, 2022, shortly after the start of Russia’s aggression against Ukraine, the European Council…

Public Expenditure by Function Per Capita, Comparative Analyses Albania versus EU countries

Open Data Albania is researching the distribution of public money based on Functions in the State Budget by comparing per capita expenditures in EU countries and the region. This will display the focus of the Governments to the various functions and sectors, as well as government standards in spending on these functions. Government or Budget Functions aim to guarantee the provision of services such as:…

Export and Import of Electricity in Albania, Sales Prices for Households and Businesses 2015-2020

Open Data Albania is investigating the Price, Quantity and Value of Sale and Purchase of Electricity in Albania 2015-2020. For 2020, a total of 5,314,811 MWh of electricity were produced or 2% more compared to 2019. By type, the largest production of electricity comes as a result of hydro sources about 99% and only 1% of electricity is produced from other renewable sources. Despite the…

Origin and Stock of Foreign Direct Investment March 2021

Open Data Albania has updated the stock data of Foreign Direct Investment (FDI) in the Albanian economy. The data are according to the Bank of Albania. Foreign Direct Investment Stock represents the level of Direct Investment at a given point in time.  The stock of FDI represents the value of assets owned by foreigners in the Albanian economy, in the form of capital and net…