INSTAT: Albanian birth rates decline as compared to death rates, a blow expected to be given to the economy

According to the recent report published by the Institute of Statistics (INSTAT) there has been a downward trend in the fertility rate across Albania during the third quarter of 2018. The death rate has surpassed the birth rate, resulting in fewer births.

Under these circumstances the Albanian government will offer cash incentives in the coming year to parents in order to increase the number of births that have been reduced for three years in succession.

According to INSTAT data, the number of babies born during the third quarter was 6,859 or 19.7 percent lower than the same period last year.

The negative natural growth has been particularly noticed in the southern part of Albania such as Vlora, Gjirokastra and Korca. This period was characterized by a lower rate of births as compared to the death rates. According to INSTAT the median age of the Albanian population is expected to undergo an increase reaching to 42 years by 2031. The low fertility rate and the population under aging process will bring huge problems for the Albanian economy the coming years. That is the reason why the government has offered cash incentives to parents having more babies.

/Klara Ruci/