Budget revenues represents a country’s revenues from taxes for realizing investments and expenditures by public institutions. The difference between expenditures and revenue makes the budget deficit. In the case of Albania, the budget revenues for 2009 were about 299 billion Albanian Lek (ALL) or 26% of GDP. Compared with the region countries, Albania is ranked as follows: IMF estimatesSource: International Monetary Fund (IMF)Comments and Analysis:…
Budget Expenditures in Albania compared with regional countries
Budget expenditures represent investments and expenditures incurred by public institutions using revenues. The difference between expenditures and revenue makes the budget deficit. In the case of Albania, budget expenditures for 2009 were about 379 billion Albanian Lek (ALL) or 33% of GDP. Compared with the region countries, Albania is ranked as follows: Source: FMNComments and Analysis: ODA As can be seen from the graph, Albania’s…
Savings –Lending Companies in Albania
Savings –Lending Companies are financial institutions which accept deposits only from their members, and lend these funds to make a profit. They are subject to licensing and supervision requirements and are part of the union of savings-lending which are required to report to the Bank of Albania their financial situation and supervision compliance on an individual basis as well as on a condensed basis for…
Stock of Public Debt of Albania
Debt stock of a country is total public debt issued domestically and abroad and has not yet been repaid. Open Data Albania, has conducted a research, based on data from the Bank of Albania, Ministry of Finance and International Monetary Fund (IMF) regarding the progress of the debt stock of the Albanian state over the years. The data are cumulative, so the stock of debt…
Banking System in Kosovo
The Kosovo banking system is relatively new, but after 1999 it has made considerable progress. Open Data Albania has conducted a research on the Kosovo banking system, based on data provided by the Central Bank of Kosovo. Presently, the banking system comprises 8 banks: Banking System in Kosovo (2010) Source: Central Bank of the Republic of KosovoAnalysis and Comments: Open Data Albania The entire banking…
Non Bank financial institutions in Albania
Non-bank financial institutions are companies that perform financial intermediary activities, closely related to financial issues but not classified as accepting deposits institutions. Some of these activities include leasing, lending, investment in securities, etc. The insurance companies and pension funds are not part of them of this categorization of institutions. Open Data Albania has conducted a research on these institutions, and their weight relative to GDP,…
Bad debt of the banking system in Albania
Open Data Albania has conducted a research on bad debt (loans) of banking system in Albania, based on data from the Bank of Albania. Loans are classified as bad debt when banks have difficulty in collecting them. They are categorized in several ways depending on the degree of problems that they show: Standard loans are also called as regular loans, because they show no problem…
Number of vehicles in Albania, compared to the region
Open Data Albania has conducted a reasearch on the number of Automobiles in Albania, as compared to the region. The data is based on information provided by INSTAT, Ministry of Public Works and Transportation and the World Bank. Automobiles include: cars, buses and trucks. Meanwhile vehicles also include tractors, motorcycles and wagons. Startin with 1998, the number of Automobiles per 1,000 inhabitants in Albania appears…
Number of internet users in Albania
Open Data Albania has conducted a study on the number of internet users in Albania, based on data provided by the International Telecommunications Union (ITU). During the recent 10 years the number of internet users for every 100 inhabitants is as shown below: Source: International Telecommunications Union (ITU)Analysis and Comments: Open Data Albania As the chart shows there is a considerable increase in the number…
Gross Domestic Product In 2010
Gross Domestic Product (GDP) is an indicator of market value of all final goods and services produced in an economy. GDP includes all current products and services destined for the market as well as those produced for own consumption by all resident units operating in the territory of a state. GDP measured at current prices is called Nominal GDP, while GDP measured by fixing the…
Population Growth in Kosovo
Open Data Albania has conducted a research on the population of Kosovo, based on data provided by the Statistical Agency of Kosovo (SAK). During the recent decade, the population size of Kosovo has changed as shown below: Source: Statistical Agency of Kosovo (SAK)Analysis and Comments: Open Data Albania Based on the data provided by SAK, in 2009 Kosovo’s population was 2,181,000 banorë. The graph shows…
Life expectancy at birth
Open Data Albania has conducted a study on the life expectancy at birth in Albania, comparing it at the same time with the countries of the region. The report is based on data provided by the World Bank. Life expectancy indicates the number of years that a new born baby is expected to live, given that the conditions of mortality do not change over the…
The Ratio of Paid Claims vs the Premiums Received According to the Insurance Categories
Open Data Albania has conducted a research on the claims paid by the insurance companies. This research is based on the data provided by FSA (Financial Supervising Authority). The insurance market is a very important part of our financial system. It includes the private and state owned companies which are in the business of insuring individuals and businesses. In order to benefit from the insurance…
The appearance of Tuberculosis disease in Albania (2000-2010)
Open date Albania has conducted a research on the performance of tuberculosis disease in Albania in comparison with the region. The report is based on World Bank data. Bank interest on this disease has been to conclude the performance, treatments and to know whether the objectives of reducing the number of persons affected by this disease are reached. Another reason is the fact that tuberculosis…
Indicators for produced and billed water
Albania is country with a great number of natural water sources, nonetheless 20% of its citizens still do not receive water. The average capacity of these drinking water sources is estimated at about 654 million cubic meters, whereas only about 292 million cubic meters of water gets produced. In other words only 44% of potential sources is being exploited. Source: General Directory of water and…