Albania with oil about 30% more expensive, without protective measures – the region is returning to that

Governments across the region have initiated interventions aimed at mitigating the impact of escalating fuel costs by reducing the excise tax on gasoline. However, Albania currently stands out as an exception, reporting the highest gasoline price levels within the region. In Albania, the cost of gasoline has maintained a level of 219 lekë per liter over the past week.

When converted to euros, this equates to approximately 2.3 euros per liter. This represents an increase compared to the 2.06 euros per liter recorded in October. For context, the current market price for gasoline in the region hovers around 2.1 euros per liter, indicating that the Albanian price has risen by approximately 0.24 euros per liter, or 21 lekë per liter, since October.

Comparative data gathered by Monitor correspondents for Western Balkan countries highlights that the current gasoline price structure in Albania remains notably elevated when benchmarked against its neighbors. This persistent disparity in the gasoline price has reignited discussions regarding the necessity and scope of tax reductions within the nation’s energy sector. The regional trend of tax adjustments contrasts sharply with Albania’s current high price per liter for gasoline, making the national tax policy a key point of economic discussion.

Topics: #gasoline #price #per

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