New economic powerhouses emerging in the country

New economic powerhouses emerging in the country

It’s true that Tirana is the most important district for the country’s economy, but several other districts seem to be overcoming it in the “race” about the biggest contributor in the economy. This is suggested by the recent figures supplied by the Institute of Statistics regarding the contribution that the country’s 12 districts make on economic growth.

“The biggest contribution on economic growth has been made by the district of Tirana with 1.62%, followed by the district of Vlora with 0.44% and the district of Durres with 0.39%”, experts of INSTAT explain, confirming that the capital of the country continues to play the main role in the economy. But, if we take a closer look on the figures concerning the contribution of each district on the real growth of the economy, Tirana is left behind by several other districts, which may be considered as modest as far as investments or the number of employed people is concerned.

Such example is the one of Vlora, the growth of which was twice as much as Tirana’s with 7.7%, while for the period taken into account by INSTAT, its growth was only 4%. But the same thing may also be said about the district of Korca, which has a greater economic growth than Tirana with 6.2%. Meanwhile, Lezha and Dibra, in the north of the country, have a 6.1% GDP growth. All of these seem to indicate that there are certain districts in the country which are showing new trends of development, changing the perception that has existed so far that the districts of Tirana and Durres were the true economic powerhouses of the country. But, with a 4% economic growth, both Tirana and Durres seem to have been “uncrowned”, while other areas of the country have shown a bullish performance as far as their contribution in the economy is concerned. One particular aspect which can be taken as an example is the sector of tourism which has played a key role in the growth of the economy of certain districts such as Vlora, Lezha, etc.

 

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