Gjirokastra, Fier and Kukës drive consumption growth/ Spending remained cautious, while regional disparities remained pronounced
Albanian families have expanded their portfolios by an average of about 1.5% more during 2024, spending 93 thousand lek per month. For an average family of 3 members, this value translates to about 3 thousand lek per day. In addition to an increase in consumption, we can also call it a breath of fresh air after a year of subdued inflation and prices that are still felt in the market for the pockets of some citizens.
In the capital, expenses are the highest in the country at 108.6 thousand lekë per month per family, about 16% above the national average. However, the increase is minimal at only 0.5% compared to 2023.
The second region with the highest expenses is Korça, with around 91 thousand lek per month, surpassing even coastal regions such as Durrës or Vlora.
However, the strongest growth was recorded in Gjirokastra with 2.9%, Kukës with 2.5% and Fier with 2.3%. These regions have more dynamic movements in consumption, which can be related to increased incomes, the impact of remittances or local developments in tourism and employment. In Gjirokastra, families now spend 84.4 thousand lekë per month, surpassing some larger areas such as Elbasan.
In Durrës, Korçë and Lezha, the changes are slight (from 0.4% to 0.7%).
At the other end of the table are the regions with the lowest consumption, where monthly household expenses are significantly below the national average. Kukës ranks last with only 75 thousand lekë, about 19% less than the average, followed by Dibra with 75.8 thousand lekë and Elbasan with 80.9 thousand lekë, 18% and 13% less, respectively.
These differences indicate a strong economic divide between the urban center and the northeastern outskirts of the country, where purchasing power remains significantly lower.
On average, Albanian families spend 93 thousand lek per month, a modest increase that indicates careful consumption, not large purchases.
Ferrari introduces its first electric car - The new model is expected to cost 500,000 euros, with speeds of up to 310 km/h
Ferrari has revealed the technology behind its first electric car, the Elettrica. The Italian luxury brand aims to add electric power to its hybrid and......
"Olive Grove Knowledge and Agrotourism Farm" - ADF, opens 458 million lek tender for investment in Divjaka
The Albanian Development Fund has announced an open tender procedure for the construction of a new development project in the Divjaka area, named “Olive......
In focus, pensions, infrastructure and the army - Work begins on drafting the 2026 budget, which are the sectors that will be financed the most
The Albanian government has officially launched the process for drafting the 2026 State Budget, the most important financial document of the year that......
Foundation that empowers artisans - "CulturAlb" will also promote Albanian cultural identity
At the last meeting, the Council of Ministers approved the decision to establish the “CulturAlb” foundation. Official sources from the Ministry of Tourism,......
US sanctions "hit" Serbia - Agreement for Russian-owned NIS oil company expires
Serbian oil company NIS (Naftna Industrija Srbije), which is partly owned by Russia, announced that it has failed to secure another exemption from US......
50 MWp solar plant in Belsh by KESH - Government approves guarantee agreement for 30 million euro loan from EBRD
The Council of Ministers has approved the draft law on the guarantee agreement with the European Bank for Reconstruction and Development (EBRD), which paves......
US "shrinks" UN funds - Organization to cut 25% of global peacekeeping force, 15% of budget
The United Nations will begin scaling back its peacekeeping forces and operations, forcing thousands of soldiers to withdraw from dangerous areas around the......
The US Dollar Strengthens Again – The Franc and the Pound Weaken!
The US dollar has again registered a slight increase in value this morning compared to the day before, being bought today at 82.6 lek and being sold at 83.7......
