Albania: 2025 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, December 23, 2025
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- Albania: 2025 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: December 23, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229032278.002
Macroeconomic overview and outlook
- Albania enjoys one of the highest growth rates in Europe, low inflation, declining public debt, and strong foreign reserves.
- Growth projections:
- 3.5 percent in 2025
- 3.6 percent in 26
- Risks to the outlook have shifted to the downside amid a more unsettled external environment.
- Timely domestic reforms are essential to safeguarding macroeconomic stability and closing reform gaps with the EU.
Policy priorities and recommendations
- Preserve fiscal buffers through sustained revenue mobilization.
- Maintain price and financial stability through:
- Agile monetary policy.
- Further refinement of prudential tools.
- Advance comprehensive reforms in:
- Human capital.
- Labor markets.
- Governance.
- Address structural constraints to revive productivity in the context of:
- High emigration.
- Youth unemployment.
- Informality.
Governance, legal, and institutional reform assessment
- Albania has made significant strides in enacting legal reforms, including in anti-corruption legislation.
- Remaining obstacles include ensuring:
- Effective preventive measures.
- Institutional transparency.
- Independent oversight.
Key takeaways
- Strong current macroeconomic fundamentals provide a platform for pursuing EU accession by 2030 through bold reforms.
- Sustained policy action on revenue mobilization, monetary and prudential frameworks, and deep structural reforms are central to maintaining stability and raising potential growth.
- Addressing governance weaknesses and labor-market frictions is critical to translating macro stability into inclusive, productivity-enhancing growth.
Source: Albania: 2025 Article IV Consultation-Press Release; and Staff Report (December 23, 2025).
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