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…