TIRANA, Sept 30 /ATA/ – Albania’s economy grew by 3.51% in the second quarter of 2025, outpacing the EU average and regional peers, the Minister of Economy and Innovation Delina Ibrahimaj said on Tuesday.
Citing data from the National Institute of Statistics, INSTAT, Ibrahimaj said growth was driven by rising household consumption and increased investment activity.
“The 3.51% GDP growth in Q2 is significantly above the EU average of 1.5%, and also higher than the 2.9% average among Western Balkan countries,” Ibrahimaj said during a conference titled “Stability and Development through Economy and Innovation.”
She noted that all economic indicators point to stronger household spending, supported by rising incomes and wage growth, which have boosted domestic demand.
The Economy and Innovation Minister also highlighted growth in Gross Fixed Capital Formation, indicating a rebound in private and public investments.
“The increase in fixed capital formation reflects growing demand in the economy,” she said.
She underlined the government’s commitment to fostering a new economic model based on innovation, digitalisation, entrepreneurship, and human capital.
Ibrahimaj added that macroeconomic stability, support for productive sectors, and investment promotion will remain key pillars of Albania’s development strategy.
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