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Families in the regions of Gjirokastra, Kukës and Fier had the highest increase in spending capacity in 2024 compared to 2023 compared to other regions of the country.
INSTAT data on the Household Budget Survey show that monthly household expenditures in Gjirokastër increased by 2.9% in 2024, the highest level nationally, followed by Kukës with 2.5% and Fier with 2.3%. In these regions, household expenditures increased more than the national average of 1.5%.
In Gjirokastra, growth is linked to the sustainable development of tourism, which, especially after the pandemic, has encouraged the opening of new family businesses.
In Kukës, the increase in household spending is coming from remittances from emigrants. The Kukës region has experienced massive emigration of young people, mainly to Great Britain, in the last 15 years.
The new wave of immigration has positively impacted family consumption in this region, which despite growth remains last in terms of low family spending nationwide.
On the other hand, households in cities such as Korça and Tirana experienced the lowest increase in spending with 0.4 and 0.5% each, registering a lower change. The slowdown in spending increases in the Capital is reflecting the maturation of the capital's economy, whose households have the largest budgets nationwide.
A family in Tirana spent an average of 108,588 lekë last year, 14.4% higher than the national average and 31 percent more than Kukës, the country's poorest region.
Families in the capital face higher costs than the rest of the country, due to higher housing rents and generally higher prices for food, educational services, and other goods and services in general.
Cities with the lowest growth in household spending by 2024, such as Korça (0.4%), Tirana (0.5%), Lezha (0.5%) and Durrës (0.7%), are in a more mature phase of economic development.
Tirana and Durrës already have consolidated markets, where the space for rapid expansion is more limited, while growth is focused more on the quality of services and innovation than on quantity.
In Korça, although agriculture and seasonal tourism have developed, the lack of new industrial investments and the departure of young people to Tirana and abroad has slowed the pace of growth.
On the other hand, areas that are starting from a lower economic base have higher growth rates, while cities that have reached a stable level of development are moving at slower rates./ Monitor
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