Foreign currencies fluctuate/Exchange rate, August 1, 2025
Today, in the foreign exchange market, one US dollar will ...

In general, in rankings where it is compared to European countries, Albania is always at the bottom. But there is one indicator where it finally leads.
It is about the preference for having cars with powerful engines. According to Eurostat data, processed by "Monitor", in Albania, 27.8% of the total number of passenger vehicles in the country are over 2 thousand cubic meters, for the year 2024, where only diesel-powered cars are counted by power.
This is the highest weight of cars with this engine power in Europe, relative to total passenger vehicles.
In addition to Albania, the share of diesel cars over 2 thousand cubic meters/total number of vehicles in circulation is also in Latvia (25.7%) and Lithuania (20.9%), driven by harsh climatic conditions and large distances between cities. Estonia ranks next (18.6%).
Even in Kosovo, the preference is for large cars, with engines over 2,000 cubic meters accounting for 16.6% of the total. The opposite is observed in Serbia, with only 3.8%, or in Turkey with 1.3%.
In Albania, out of 567 thousand diesel vehicles, 215 thousand are over 2 thousand cubic meters (cm3); 308 thousand or 40% of the total number of vehicles are 1400 cm3 - 1999 cm3 and 5.5% are under 1399 cm3.
Albania's "leadership" is also influenced by the fact that the majority of vehicles in the country are diesel-powered, with 74% of the total, one of the highest in Europe. In Europe, gasoline-powered cars, which pollute less, and electric cars predominate.
For example, the Netherlands has only 0.6% of passenger vehicles with a capacity of over 2,000 cubic meters and only 7.4% of total vehicles with diesel, while 65.5% have gasoline and the rest with alternative energy. While in Albania, only 16.5% of vehicles are gasoline-powered.
Why do Albanians love cars over 2,000 cubic meters?
This preference of Albanian vehicle owners for cars with powerful engines is not simply a technical issue, but reflects a combination of economic, cultural and practical factors that have shaped the used car market in Albania.
First, Albania has a market almost entirely based on imported used vehicles, mainly from Germany, Switzerland and Italy. In these countries, cars with large engines face very high tax and insurance costs, making them unaffordable for local owners – but affordable for import into Albania, where until recently the level of taxation on engine capacity has been lower.
Another driver is the perception of the car as a status symbol. In a society where a vehicle is not only a means of transportation but also a reflection of social standing, choosing a car with a powerful engine is often linked to the desire to “look good.”
Luxury brands like Mercedes-Benz, BMW and Audi are more present on Albanian roads than in many EU countries with higher per capita incomes. Even cars manufactured before 2010 with engines over 2.0 liters are in demand, thanks to their cheap price and the image they convey.
The geographical conditions and difficult infrastructure in many areas of the country are another practical reason for this choice. The rugged terrain, lack of maintenance of secondary roads, and harsh winters in mountainous areas make a car with a powerful engine a reasonable choice for many families outside of large cities.
However, the situation in Albania is changing. Rising fuel prices, pressure to reduce pollution, and the gradual introduction of hybrid and electric cars are pushing many consumers to rethink their choices.
New tax policies that penalize vehicles over 2,000 cc and environmental taxes for cars that pollute the most are having an effect on the new segment of buyers, especially in large cities./ Monitor
Today, in the foreign exchange market, one US dollar will ...
Albania remains among the countries with the lowest motori...
Changes in the reference prices of apartments in the distr...
Today, in the foreign exchange market, one US dollar will ...
According to a research by "Monitor", of the 200 largest c...
Applications for the National Investment Scheme 2025 for t...
Today, in the foreign exchange market, one US dollar will ...
Italians, lured in recent years by the idea of cheap holid...
Today, in the foreign exchange market, one US dollar will ...
With four days left until the deadline for online submissi...
Today, in the foreign exchange market, one US dollar will ...
The Tax Directorate has announced that in 12 days, 76.1 to...
The swimming pool market in Albania is showing signs of ex...
Today, in the foreign exchange market, one US dollar will ...
Today, in the foreign exchange market, one US dollar will ...
Real estate reference prices, which were recently revised ...
Today, in the foreign exchange market, one US dollar will ...
Most municipalities in the country are seeing strong popul...
The Ministry of Finance has submitted for public consultat...
Today, in the foreign exchange market, one US dollar will ...
CNA has launched another investigation that could lead to ...
Irfan Hysenbelliu is a businessman that we call "Irfan the...
In March 2026, CNA launched another investigation centered...
The arrested mayor of Tirana, Erion Veliaj, with 13 charge...
The Special Board of Appeal (KPA) decided this Monday ...
The KPA vetting decided this Thursday to dismiss the p...
Suela Salavaçi, a prosecutor in the Prosecutor's Offic...
The Special Board of Appeal reinstated the prosecutor ...
A road accident occurred this evening on Nikolla Zoraqi St...
Three people were shot and wounded in Elbasan last night b...
A serious incident occurred this Tuesday in the Yrshek are...
An accident occurred this Tuesday on "Dituria" street in K...
All of Southern Europe will face changing weather conditio...
Albania was hit by temperatures significantly higher than ...
For the first time, Pogradec welcomed the Inter-Lake Chess...
Albania has achieved a record for the employment of foreig...
US Secretary of State Marco Rubio arrived in Manila on Jul...
In the space of a few days, Ukrainian President Volodymyr ...
The spokesman for the Iranian Foreign Ministry warned Bulg...
Autoritetet italiane sekuestruan pako me afër 800 kilogram...
At a time when industrial products are increasingly taking...
Trust among people is not just a three-syllable word. It c...
Master of humor Todi Llupi has passed away at the age of 7...
The ninth edition of "MIK Festival" kicked off with one of...
Construction company licenses will have a validity period ...
The Centralized Purchasing Operator recently opened a tend...
The new draft law "On the Bank of Albania" provides that t...
This Tuesday, one US dollar is bought for 81.2 lek and sol...