Travel & Tourism
After more than 45 years of isolation under communism, Albania has started to open to foreign tourists and travel & tourism have become an important economic activity for Albania. As well as its direct economic impact and the direct contribution of travel & tourism in the GDP of the country, the industry has significant indirect and induced impacts such as travel & tourism investment spending, government collective spending as well as domestic purchases of goods and services by the sectors dealing directly with tourists.
In 2017 the direct contribution from Travel & Tourism to the GDP was USD 1,124.100 and Visitor exports generated around USD 2 million in Albania. The forecast is for the latter to rise by more than 3.6% in 2018.
For further information we invite you to read below the World Travel & Tourism assessment on the economic impact of travel & tourism in Albania during 2017:
Travel & Tourism economic impact 2018 Albania (Source: © wttc.org)