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Tiranë 8°C · Vranët 29 October 2026
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29 Oct 2026
Breaking
Economy

INSTAT publishes figures: Economy grew by 3.61%, agriculture in decline

The Albanian economy grew by 3.61% in the second quarter of 2026, compared with the same period a year earlier, supported mainly by public administration, education, health, trade and services.

Agriculture, meanwhile, continued in the opposite direction, declining and making a negative contribution to economic growth.

According to INSTAT data, the largest contribution to GDP growth came from the “Public Administration, Education and Health” group, with 1.38 percentage points. “Trade, Transport, Accommodation and Food Service” contributed 0.98 percentage points, while real estate activities contributed 0.36 percentage points and construction 0.15 percentage points.

On the other side, agriculture, forestry and fishing made a negative contribution of 0.38 percentage points to economic growth.

As for sector performance, the strongest growth was recorded by the “Public Administration, Education and Health” group, up 12.14% compared with the second quarter of 2025. Real estate activities expanded by 7.20%, while “Trade, Transport, Accommodation and Food Service” grew by 5.53%.

Financial activities grew by 3.53%, information and communication by 2.58%, while construction grew by 1.37%.

By contrast, agriculture, forestry and fishing fell by 2.29%. A decline of 2.17% was also recorded in professional activities and administrative services, while the arts, entertainment and other service activities group shrank by 2.08%.

Meanwhile, net taxes on products rose by 8.45%.

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