Albania Albania

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Albania, is a country located at Southern Europe, it has an area of 28,750 Km2 and it may be considered quite a small country.

Albania, with a population of 2,829,741 people, it is one of the least populous country in the world and it has a moderate population density, 98 people per km2.

It's capital is Tirana and its currency is Lek

Albania is holding the 120 position by nominal GDP. Its national debt in 2020 was 10,101 millions of euros (11,511 millions of dollars), ( 75.93% debt-to-GDP ratio) and its public debt per capita is €3,570 euros per inhabitant$4,068 dollars per inhabitant.

In terms of the human development index (HDI) of Albania, which is the index used by the United Nations to measure the progress of a country, was 0.795 points in 2019, leaving it in 69th place in the table of 189 countries published.

If the reason to visit Albania are business, you must know it's in the 63th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Albania, if you want to see information about other countries click here

Albania Economy
Gouvernement
Annual GDP [+]2021€15,436M
Annual GDP [+]2021$18,256M
GDP per capita [+]2021€5,455
GDP per capita [+]2021$6,451
Debt (M.€.) [+]202010,101
Debt ($M) [+]202011,511
Debt (%GDP) [+]202075.93%
Debt Per Capita [+]2020€3,570
Debt Per Capita [+]2020$4,068
Deficit (M.€) [+]2020-893
Deficit ($M) [+]2020-1,018
Deficit (%GDP) [+]2020-6.71%
Expenditure (M.€) [+]20204,339.4
Expenditure ($M) [+]20204,945.4
Education Expenditure (M.€) [+]2019542.7
Education Expenditure ($M) [+]2019607.6
Education Expenditure (%Bud.) [+]201913.44%
Gov. Health Exp. (M.€) [+]2017494.4
Gov. Health Exp.($M) [+]2017558.3
Gov. Health Exp. (%Bud.) [+]201714.68%
Defence Expenditure (M.€) [+]2020204.0
Defence Expenditure ($M) [+]2020232.8
Defence Expenditure (%Bud.) [+]20204.67%
Expenditure (%GDP) [+]202032.62%
Expenditure Per Capita [+]2020€1,534
Expenditure Per Capita [+]2020$1,748
Education Expenditure P.C [+]2019€190
Education Expenditure P.C [+]2019$211
Gov. Health Exp. P.C. [+]2017€168
Gov. Health Exp. P.C. [+]2017$190
Defence Expenditure P.C. [+]2020€72
Defence Expenditure P.C. [+]2020$81
Moody's Rating [+]05/21/2021B1
S&P Rating [+]02/05/2016B+
Corruption Index [+]202135
Competitiveness Ranking [+]201981º
Fragile States Index [+]201860.1
RTI Raking [+]09/28/2018
Innovation Ranking [+]201883º
Labour
Unemployment rate [+]2019Q411.2%
Unemployed [+]2019Q4160K
NMW [+]2022$281.6
NMW [+]2022€248.4
Human Capital Ranking [+]201785º
Markets
Euro / Lek [+]05/16/2022120.5600
US Dollar exchange rate [+]05/16/2022115.6800
Prices
PPI Year on Year [+]December 20212.6%
Money Market
Key rates [+]03/24/20221.00%
Business
Doing Business [+]201963º
Passengers vehicles Year [+]December 20193,005
Annual Vehicles/ 1,000 p. [+]December 20191.19
Vehicles / 1,000 people [+]2015167.31
Taxes
Standard VAT [+]01/01/200620.00%
Top tax rate + SSC [+]202023.0%
Trade
Annual arrivals [+]20195,919,329
Exports [+]2021€3,012.4M
Exports [+]2020$2,506.3M
Exports % GDP [+]202119.52%
Imports [+]2021€6,545.5M
Imports [+]2020$5,569.8M
Imports % GDP [+]202142.40%
Trade balance [+]2021€-3,533.0M
Trade balance [+]2020$-3,063.5M
Trade balance % GDP [+]2021-22.89%
Retail Sales YoY [+]December 20215.7%
Socio-Demography
Global AgeWatch Ranking [+]201553º
Density [+]202098
Global Peace Ranking [+]202148º
Crude divorce rate [+]20201.50‰
Remittance received ($M) [+]20171,381.9
% Immigrant [+]20191.73%
% Emigrant [+]201942.41%
Birth Rate [+]20209.90‰
Remittance sent ($M) [+]2017198.6
Crude death rate [+]20209.70‰
Fertility Rate [+]20201.34
Crude marriage rate [+]20206.20‰
% risk of poverty [+]202021.8%
Population [+]20202,829,741
Immigrant stock [+]201949,160
Emigrant stock [+]20191,207,032
HDI [+]20190.795
Gender Gap Ranking [+]202020º
Life expectancy [+]202077.40
Suicides [+]201096
Suicide rate [+]20103.30
Number of homicides [+]201965
Rate Homicides per 100.000 [+]20192.26
Energy and Environment
CO2 Tons per capita [+]20201.73
Annual crude oil production [+]202116
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]20196,528
Generation GWh [+]20205,313
Others
COVID-19 - Deaths [+]05/15/20223,497
COVID-19 - Confirmed [+]05/15/2022275,615
Fully vaccinated [+]05/01/20221,230,636
COVID-19 - Deaths per million population [+]05/15/20221,235.80
Doses administered [+]05/01/20222,825,500