How much money does Albania receive from tourism?

How much money does Albania receive from tourism?

No doubt tourism is one of the main sectors of the economy, which has attracted numerous investments in recent years, has breathed in 2021, after the difficult period passed by pandemic. Foreigners spent 1.9 billion euros in 2021, many twice as high as the year [...]

Foreigners spent 1.9 billion euros in 2021, many twice as high as last year and 8.2% lower than in 2019, which so far has been the best year for tourism in Albania.

The recovery has come in the second half of the year, while the first half, when the pandemic marked another wave in Europe, was poor for tourism.

The third quarter of 2021 was the only one to mark an equal income of the same period of prepandemia, reaching 786m euros.

This is the period when there is an increased influx of tourists in the country.

Even in the fourth quarter, revenues were almost the same period as the 2019.

Tourists from Kosovo bore the main burden and compensated for the decline in other tourists from Europe, who did not even return to the country in 2021.

According to INSTAT, the weight of tourists from Kosovo to 2021 was 47% of the total, from 33% to 2019.

As foreign tourists' entry rapidly approaches pre-crisis levels, the same has not happened with Albanian citizens.

The Bank of Albania's data suggests that Albanians' abroad travel expenses stood at 1.1 billion euros in 2021, which, although almost doubled in proportion to a year ago, remained 32% lower compared to 2019.

The restrictions many European states held in force during the past summer and in recent months of the year have caused many Albanians not to plan travel abroad, BalkanWeb reports.

Other INSTAT data shows that in 2021 there were 4.2 million exits of Albanian citizens -- from 5.9 million to 2019 -- with a drop of nearly 30%.

Related
Weather For the Next Five Days

Weather For the Next Five Days

More than 35% of the vote by mail, that's the result

More than 35% of the vote by mail, that's the result

White House doubts leaks of secret records on Iran and Epstein to NY Times journalists

White House doubts leaks of secret records on Iran and Epstein to NY Times journalists

Killing 27-year-old and wounding his father, details from the tragic event in Prizren

Killing 27-year-old and wounding his father, details from the tragic event in Prizren

Operation footage during which 5 war crimes suspects were arrested

Operation footage during which 5 war crimes suspects were arrested

"I no longer have any connection with the 'Guxo'/"party, Nezir Kraki wants to be referred to as"deputs by LVV"

"I no longer have any connection with the 'Guxo'/"party, Nezir Kraki wants to be referred to as"deputs by LVV"

Heavy accident in Pogradec: One Dead and Four Injured

Heavy accident in Pogradec: One Dead and Four Injured

Roberto Mancini expected to take the lead in Italy

Roberto Mancini expected to take the lead in Italy

Haradinaj wishes the United States for the 251st anniversary of the US Army: Gratitude for contribution to Kosovo liberation

Haradinaj wishes the United States for the 251st anniversary of the US Army: Gratitude for contribution to Kosovo liberation

Former British Minister: There is simply no convincing evidence that can punish Thaci

Former British Minister: There is simply no convincing evidence that can punish Thaci

About 30% of votes by mail, VV first, LDK second

About 30% of votes by mail, VV first, LDK second

“Burrid and injured woman”, details from the serious accident on the “Ibrahim Rugova highway

“Burrid and injured woman”, details from the serious accident on the “Ibrahim Rugova highway

Heavy accident on the <x0c>back Rugova”

Heavy accident on the &lt;x0c&gt;back Rugova”