Greece and Italy have the largest number of Albanian immigrants, and from these two countries Albania receives the biggest part of money transfers.
However, Open Data that has researched World Bank statistics stresses also the other side of remittances that concern the money transferred from Albania to other countries. This data refers to immigrants who work in Albania and send their income back to their families abroad or deposit their money to branches of their country’s banks in Albania. According to echedoros-a.gr, “In 2011, around 50 million euros were sent from Albania to the countries of origin of the foreign workers in Albania.”
About 87 percent or 43.8 million euros were sent to Greece from Greek citizens who work in Albania as immigrants. Their presence there has to do with the construction of some parts of the road network in the south of the country, as well as with the big number of Greek companies operating in Albania.
Regarding the money transfers towards Albania, the largest foreign exchange inflows in the country come from Greece and Italy. The Albanian immigrants in Greece have sent back to Albania 310,243,000 euros, 47 percent of the total number of remittances, making Greece first sender of remittances in the country. Italy follows with 248,710,000 euros, according to an article published at the Albanian newspaper Gazeta Shqip.
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