Albania: 2025 Article IV Consultation-Press Release; and Staff Report

Albania stands at a pivotal juncture, with one of the highest growth rates in Europe, low inflation, declining public debt, and strong foreign reserves. Building on this foundation, the government is advancing bold reforms to secure EU membership by 2030. The near-term outlook is positive but the road to accession is complicated by structural challenges. Significant reform gaps with the EU persist amid stagnant productivity, while a more volatile global environment—coupled with domestic pressures on wages and asset prices—pose risks to the sustainability of tourism-led growth.