[:en]Foreigners brought 1.3 billion euros in Albania, while Albanians left 1 billion euros abroad[:] - Albanians In The World

[:en]Foreigners brought 1.3 billion euros in Albania, while Albanians left 1 billion euros abroad[:]

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[:en]According to the Bank of Albania's balance of payments data, travel revenues reached a record level of EUR 1.3 billion in nine months, an increase of 13% over the same period last year, reaching the highest level record high. The highest flow was in the third quarter of the year, which coincides with the peak of the tourist season. According to the Bank of Albania, during the third quarter of 2017, the export of travel services has provided the domestic economy with around 588 million euros. Annual revenue growth was influenced by the increase in the number of foreign visitors (non-residents) in the country (about 3%), together with the increase of the average expenditure of this group (by 16%). According to INSTAT, the number of foreign nationals who entered the territory of Albania for the period January-September was about 4.2 million people, an increase of 5.7% over the same period of the previous year. Leading tourists from Kosovo, though in a significant decline, with 1.5 million entries, followed by Macedonians with 510,000 entries, Greeks (351,000), Italians (294,000). In absolute terms Italian citizens have marked the highest growth for the 9 month period, with 94 thousand. 104 thousand tourists from Poland came for 9 months, with a 66% annual increase. While Albanians left out 974m euros. But as foreigners are coming to Albania, driven by the infinite writings of foreign media, Albanians are increasingly fleeing for vacation or for cultural tourism, extending their attitudes. According to the Bank of Albania, the expenditures of Albanians abroad for the 9-month period were € 974 million, which is a record level. According to the Bank, in the third quarter of the year, resident (Albanian and foreign) travelers spent 407 million euros on their travels abroad. On an annual basis, the number of residents who have traveled abroad has increased by 5% and at the same time the latter have stayed the stay. Meanwhile, the average expenditure coefficient is slightly downward. Balance is positive. Among the foreigners coming to Albania and the outgoing Albanians, the balance has improved in recent years, turning positive and reaching the highest level in recent years. For the 9-month period, the Albanian economy remained net worth EUR 337 million (1.3 billion euros spent by foreigners in Albania less than 974 million euros spent by Albanians abroad), a record high.[:]

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