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Forecasts also point to falling unemployment rates.Due to the fact that the Albanian economy is led by SMEs, it is expected that the projected economic upswing will result in increased SME employment and output growth.Implementing the Small Business Act for Europe (SBA): The SBA profile of Albania is inconclusive, as many data are not available.

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The SME Performance Review is one of the main tools the European Commission uses to monitor and assess countries' progress in implementing the Small Business Act (SBA) on a yearly basis.

With an emphasis on the measures from the SBA Action Plan, the review brings comprehensive information on the performance of SMEs in EU coutries and nine other partner countries.

It consists of two parts: an annual report on European SMEs and SBA country fact sheets.

Brussels, 19 November 2015 - The 2014/2015 annual report on European SMEs is now available.

It presents good news: after years of downsizing, European SMEs are expanding, and have started hiring again.

The annual report, prepared on a yearly basis, provides a synopsis of the size, structure and importance of SMEs to the European economy and an overview of the past and forecasted performance of SMEs from 2008 to 2016.

Comparisons with partner countries outside the EU and with the large enterprise sector are also included.

Downloads The SBA fact sheets present an assessment of the progress in the implementation of the Small Business Act at national level.

They focus on key performance indicators and national policy developments related to the SBA's 10 policy dimensions in the 28 EU countries, Albania, the former Yugoslav Republic of Macedonia, Iceland, Montenegro, Serbia, Turkey and Moldova.

Click on a country on the map to see the fact sheet for the selected country.

Albania, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Former Yugoslav Republic of Macedonia, Germany, Greece, Hungary, Iceland, Ireland, State of Israel, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovak Republic, Slovenia, Spain, Sweden, Turkey, United Kingdom Past and future SME performance: In Albania, over 80 % of all employment is in SMEs, compared to the EU average of around 67 %.