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 2,363,314 people, it is one of the least populous country in the world and it has a moderate population density, 82 people per km2.

It's capital is Tirana and its currency is Lek

Albania is holding the 112 position by nominal GDP. Its national debt in 2024 was 14,024 millions of euros (15,175 millions of dollars), ( 56.03% debt-to-GDP ratio) and its public debt per capita is €5,934 euros per inhabitant$6,421 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 0.789 points in 2022, leaving it in 74th place in the table of 193 countries published.

If the reason to visit Albania are business, you must know it's in the 82th 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
GDP Growth (%) [+]20244.0%
Qu. GDP Per Capita [+]2025Q32,898K
Annual GDP [+]2024€25,001M
Annual GDP [+]2024$27,037M
GDP per capita [+]2024€9,194
GDP per capita [+]2024$9,948
Quarterly GDP [+]2025Q3€6,849M
Debt (M.€.) [+]202414,024
Debt ($M) [+]202415,175
Debt (%GDP) [+]202456.03%
Debt Per Capita [+]2024€5,934
Debt Per Capita [+]2024$6,421
Deficit (M.€) [+]2024-181
Deficit ($M) [+]2024-196
Deficit (%GDP) [+]2024-0.73%
Expenditure (M.€) [+]20247,242.9
Expenditure ($M) [+]20247,837.2
Education Expenditure (M.€) [+]2023671.8
Education Expenditure ($M) [+]2023728.0
Education Expenditure (%Bud.) [+]202310.86%
Gov. Health Exp. (M.€) [+]2023762.2
Gov. Health Exp.($M) [+]2023823.6
Gov. Health Exp. (%Bud.) [+]202312.28%
Defence Expenditure (M.€) [+]2024509.5
Defence Expenditure ($M) [+]2024551.0
Defence Expenditure (%Bud.) [+]20246.61%
Expenditure (%GDP) [+]202428.94%
Expenditure Per Capita [+]2024€3,065
Expenditure Per Capita [+]2024$3,316
Education Expenditure P.C [+]2023€246
Education Expenditure P.C [+]2023$266
Gov. Health Exp. P.C. [+]2023€271
Gov. Health Exp. P.C. [+]2023$293
Defence Expenditure P.C. [+]2024€187
Defence Expenditure P.C. [+]2024$203
Moody's Rating [+]10/18/2024Ba3
S&P Rating [+]03/21/2025BB
Corruption Index [+]202337
Competitiveness Ranking [+]201981º
Fragile States Index [+]202455.9
RTI Raking [+]2024
Innovation Ranking [+]202484º
Labour
Unemployment rate [+]2023Q410.9%
Unemployed [+]2023Q4162K
NMW [+]2026$611.6
NMW [+]2026€517.0
Human Capital Ranking [+]201785º
Markets
Euro / Lek [+]03/17/202696.0400
US Dollar exchange rate [+]03/17/202683.4500
Prices
HICP [+]December 20252.2%
PPI Year on Year [+]December 20251.8%
Money Market
Key rates [+]11/08/20252.50%
Business
Doing Business [+]202082º
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 [+]20227,104,700
Exports [+]2025€3,853.1M
Exports [+]2025$4,353.9M
Exports % GDP [+]202414.79%
Imports [+]2025€9,073.7M
Imports [+]2025$10,253.1M
Imports % GDP [+]202435.56%
Trade balance [+]2025€-5,220.5M
Trade balance [+]2025$-5,899.2M
Trade balance % GDP [+]2024-20.76%
Retail Sales YoY [+]December 20254.1%
Socio-Demography
Global AgeWatch Ranking [+]201553º
Density [+]202482
Global Peace Ranking [+]202442º
Crude divorce rate [+]20211.10‰
Remittance received ($M) [+]20171,381.9
% Immigrant [+]20201.72%
% Emigrant [+]202044.19%
Birth Rate [+]20249.80‰
Remittance sent ($M) [+]2017198.6
Crude death rate [+]20249.30‰
Fertility Rate [+]20241.64
Crude marriage rate [+]20237.31‰
% risk of poverty [+]202319.7%
Population [+]20242,363,314
Immigrant stock [+]202048,810
Emigrant stock [+]20201,250,451
HDI [+]20220.789
Gender Gap Ranking [+]202423º
Life expectancy [+]202379.60
Suicides [+]201096
Suicide rate [+]20103.30
Number of homicides [+]202449
Rate Homicides per 100.000 [+]20231.39
Energy and Environment
CO2 Tons per capita [+]20231.56
Annual crude oil production [+]202413
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]20247,643
Generation GWh [+]20248,339
Others
COVID-19 - Deaths [+]02/22/20263,608
COVID-19 - Confirmed [+]02/22/2026337,234
Fully vaccinated [+]09/10/20231,279,333
COVID-19 - Deaths per million population [+]02/22/20261,526.67
Doses administered [+]09/10/20233,088,966