BAKU, Azerbaijan, September 30. Albania’s
Gross Domestic Product (GDP) in the second quarter of 2025 grew by
3.51 percent compared with the same period in 2024, Trend reports citing
the country’s Institute of Statistics.
The largest contributions to growth came from “Public
administration, Education and Health” (+1.65 percentage points),
followed by “Trade, Transport, Accommodation and Food Services”
(+0.47 pp), “Real estate activity” (+0.37 pp), “Construction”
(+0.30 pp), “Professional services and Administrative services”
(+0.27 pp), “Information and Communication” (+0.11 pp), “Arts,
entertainment and recreation services, other services” (+0.08 pp),
and “Financial and insurance services” (+0.03 pp). Sectors that
weighed on growth included “Agriculture, Forestry and Fishing”
(-0.46 pp) and “Industry, Electricity and Water” (-0.18 pp).
Year-on-year trends show strong growth in key sectors: “Public
administration, Education and Health” expanded by 15.11 percent,
and “Real estate” increased by 7.86 percent. “Information and
Communications” rose by 5.38 percent, “Arts, entertainment and
recreation services, other services” by 5.07 percent, and
“Professional services and Administrative services” by 3.88
percent. “Trade, Transport, Accommodation and Food Services” grew
by 2.72 percent, “Construction” by 2.68 percent, and “Financial and
insurance services” by 1.96 percent. Meanwhile, “Agriculture,
Forestry and Fishing” fell by 2.49 percent, and “Industry,
Electricity and Water” declined by 1.79 percent. Net Taxes on
products increased by 6.53 percent.
Quarterly, seasonally adjusted GDP rose by 0.87 percent compared
with the first quarter of 2025. Growth was led by “Information and
Communication” (+3.11 percent), “Professional services and
Administrative services” (+2.63 percent), “Construction” (+1.34
percent), “Public administration, Education and Health” (+1.24
percent), “Trade, Transport, Accommodation and Food Services”
(+1.14 percent), and “Real estate” (+0.68 percent). Sectors with
declines included “Arts, entertainment and recreation services,
other services” (-2.43 percent), “Financial and insurance” (-0.95
percent), “Industry, Electricity and Water” (-0.83 percent), and
“Agriculture, Forestry and Fishing” (-0.62 percent). Net Taxes on
products fell by 1.43 percent.
According to the expenditure approach, household final
consumption increased by 3.88 percent year-on-year, while general
government consumption rose by 12.44 percent. Gross Fixed Capital
Formation grew by 4.33 percent, exports of goods and services
increased by 0.97 percent, and imports rose by 3.26 percent.
Quarterly, seasonally adjusted changes showed household final
consumption up by 1.36 percent, government consumption by 1.08
percent, and Gross Fixed Capital Formation by 0.43 percent. Exports
increased by 1.03 percent, while imports rose 2.61 percent compared
with the previous quarter.
The data highlights a balanced growth trajectory in Albania’s
economy, with public services, real estate, and service sectors
driving expansion, while traditional sectors such as agriculture
and industry face moderate declines.
