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From lawyers, economists and engineers, here are the professions with the greatest growth in the economy in the last three decades

Politiko 2025-04-11 10:12:09

From lawyers, economists and engineers, here are the professions with the

Of all the economic activities that form the Gross Domestic Product (GDP), the contribution of "Professional activities, support services" has increased significantly over the last three decades.

This economic activity generally includes the liberal professions, lawyers, economists, accountants, professional services, dentists, consultancy, architectural, engineering activities, etc.

According to INSTAT data, professional activities contributed 0.93 percent to total GDP in 1995, while last year the weight of this group reached 7.4% of GDP.

Professional activities had the largest increase in their share in the economy compared to other major branches of the economy, such as agriculture and trade.

Albania emerged from the economic regime with a completely closed economic cycle where the only provider of services and goods was the state. With the country's inclusion in the market economy, free enterprise began and the weight of the private sector in the economy began to grow, and with it the liberal professions. The need for legal services, notary, consultancy, auditing, etc. increased significantly year after year, significantly expanding the weight of these activities in the country's economy.

Professional services are becoming increasingly in demand year after year, becoming a more important voice in the economy. In recent years, many professional activities have been driven by the country's changing economic model.

The growth of the construction sector in recent years has significantly increased demand for professional services such as design, architecture, engineering, consulting, etc.

The tourism sector has also fostered a series of professional activities such as cleaning, accounting and tour guide services, market research, consultancy, etc.

For more than 34 years in the market economy, businesses have been outsourcing services. For example, marketing departments are being outsourced to agencies. Instead of hiring lawyers, businesses pay law firms for representation. Also, complex property issues have increased the demand for legal services.

Also in the last decade, due to the aging population and the increase in women's participation in the labor market, the demand for housekeepers, etc. has increased significantly. Comparable data show that Professional Activities in Albania have a higher share in GDP than in other countries in the Region, with the exception of Serbia and Montenegro. /Monitor/