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…
Open Data Albania is conducting a research in respect to the number of Non-Profit Organizations operating in the country. According to Law no. 8788, dated 7.5.2001, a “Non-Profit” can be an association, foundation or center, which operates independently from state bodies and interests. The right to establish a non-profit organization belongs to any natural or legal person, local or foreign. Non-profit organizations, after their establishment,…
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…
Open Data Albania is analyzing several indicators on infection and riskiness or mortality from Sars-CoV- 2. The main indicator, which will serve as a basis for comparison between countries is mortality the virus. The latter will be measured as the ratio of confirmed deaths by against the number of confirmed cases with Covid-19. The data for this article was obtained from Our World in Data…
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…
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…
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…
Open Data Albania is examining expenditures planned in the 2022 State Budget by identifying monetary values, distribution and beneficiary categories for individual grants, meaning direct payments to individuals and families. These payments are planned in the State Budget and paid directly by the Treasury or Public Entities. The Open Data Albania staff monitors these transfers continuously, by tracking treasury payments towards individual and household accounts,…
Open Data Albania is publishing data on annual electricity consumption by household and business customers for the 2017-2021 period. Total electricity consumption has increased over the years. In 2021, the total consumption of Electricity is 8 414 836 MWh (megawatt hours) marking an increase of 10.9% compared to the previous year, 2020. The rise in electricity consumption is observed especially in Business Consumers, by about…
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…
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…
