The Bank of Albania has just released its latest Monetary Policy Report, showcasing a positive year for Albania’s economy in 2024. Economic activity, employment, and wages are all on the rise, signaling a strong future for the nation.
Despite the global uncertainties, Albania’s outlook remains optimistic. The country is expected to experience steady growth in the coming years, driven by higher consumption, investment, and service exports. As demand for goods and services increases, new job opportunities will follow.
“Albania’s economy is on track for sustained growth, with economic activity set to increase according to its potential in the next two years,” the report states. Inflation is forecast to fall back to the 3% target by 2025, providing further confidence for the future.
The Central Bank also assured that its upcoming monetary policies will focus on maintaining price stability and supporting ongoing economic progress.
