Albania received over 1 billion euros from tourism in 2016. The figure, which represents the highest level of all time, was reported by the Bank of Albania.
According to data published by the Bank in the balance of payments shows that compared to 2015 income from tourism increased by 13 percent, bringing the national economy 175 million euros more.
These are first, that foreign nationals and emigrants living abroad have spent during their visits to Albania for leisure, business or other purposes.
Tourism was one of the sectors hardest hit by the financial crisis. After 2009, the income of non-residents traveling in the economy fell for four consecutive years by deducting up to 1.1 billion euros in 2013.
But in the last three years the trend has been reversed and tourism revenues have grown at a rapid pace.
Exit from the eurozone crisis, but also increased interest recently for Albania in the global tourism market, has added financial benefits for the economy making tourism the leading growth sector.
According to data published by the Bank in the balance of payments shows that compared to 2015 income from tourism increased by 13 percent, bringing the national economy 175 million euros more.
These are first, that foreign nationals and emigrants living abroad have spent during their visits to Albania for leisure, business or other purposes.
Tourism was one of the sectors hardest hit by the financial crisis. After 2009, the income of non-residents traveling in the economy fell for four consecutive years by deducting up to 1.1 billion euros in 2013.
But in the last three years the trend has been reversed and tourism revenues have grown at a rapid pace.
Exit from the eurozone crisis, but also increased interest recently for Albania in the global tourism market, has added financial benefits for the economy making tourism the leading growth sector.
