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 2,865,000 people, it is one of the least populous country in the world and has a population density of 100 people per km2.

It's capital is Tirana and its currency is Lek

Albania is holding the 127 position by nominal GDP. Its national debt in 2019 was 9,254 millions of euros (10,360 millions of dollars), ( 67.83% debt-to-GDP ratio) and its public debt per capita is 3,252€ euros per inhabitant3,640$ 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 [+]202012,992M.€
Annual GDP [+]202014,839M.$
GDP per capita [+]20204,580€
GDP per capita [+]20205,179$
Debt (M.€.) [+]20199,254
Debt (M.$.) [+]201910,360
Debt (%GDP) [+]201967.83%
Debt Per Capita [+]20193,252€
Debt Per Capita [+]20193,640$
Deficit (M.€) [+]2019-267
Deficit (M.$) [+]2019-299
Deficit (%GDP) [+]2019-1.96%
Expenditure (M.€) [+]20194,009.0
Expenditure (M.$) [+]20194,488.1
Education Expenditure (M.€) [+]2018316.7
Education Expenditure (M.$) [+]2018373.9
Education Expenditure (%Bud.) [+]20188.44%
Gov. Health Exp. (M.€) [+]2017494.4
Gov. Health Exp.(M.$) [+]2017558.3
Gov. Health Exp. (%Bud.) [+]201714.68%
Defence Expenditure (M.€) [+]2019175.0
Defence Expenditure (M.$) [+]2019194.4
Defence Expenditure (%Bud.) [+]20194.29%
Expenditure (%GDP) [+]201929.38%
Expenditure Per Capita [+]20191,409€
Expenditure Per Capita [+]20191,577$
Education Expenditure P.C [+]2018111€
Education Expenditure P.C [+]2018130$
Gov. Health Exp. P.C. [+]2017168€
Gov. Health Exp. P.C. [+]2017190$
Defence Expenditure P.C. [+]201961€
Defence Expenditure P.C. [+]201968$
Moody's Rating [+]05/21/2021B1
S&P Rating [+]02/05/2016B+
Corruption Index [+]202036
Competitiveness Ranking [+]201981º
Fragile States Index [+]201860.1
RTI Raking [+]09/28/2018
Innovation Ranking [+]201883º
Labour
Unemployment rate [+]2019Q411.2%
Unemployed [+]2019Q4160 m.
NMW [+]2021279.9 $
NMW [+]2021242.5 €
Human Capital Ranking [+]201785º
Markets
Euro / Lek [+]02/23/2018132.0000
US Dollar exchange rate [+]02/23/2018107.2000
Prices
PPI Year on Year [+]March 20210.9%
Money Market
Key rates [+]03/25/20200.50%
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 [+]20202,189.6 M.€
Exports [+]20202,506.3 M.$
Exports % GDP [+]202016.85%
Imports [+]20204,859.5 M.€
Imports [+]20205,569.8 M.$
Imports % GDP [+]202037.40%
Trade balance [+]2020-2,669.8 M.€
Trade balance [+]2020-3,063.5 M.$
Trade balance % GDP [+]2020-20.55%
Retail Sales YoY [+]December 20203.0%
Socio-Demography
Global AgeWatch Ranking [+]201553º
Density [+]2020100
Global Peace Ranking [+]202055º
Crude divorce rate [+]20192.10‰
Remittance received (M.$) [+]20171,381.9
% Immigrant [+]20191.73%
% Emigrant [+]201942.41%
Birth Rate [+]201910.00‰
Remittance sent (M.$) [+]2017198.6
Crude death rate [+]20197.70‰
Fertility Rate [+]20181.37
Crude marriage rate [+]20197.90‰
Population [+]20202,865,000
Immigrant stock [+]201949,160
Emigrant stock [+]20191,207,032
HDI [+]20190.795
Gender Gap Ranking [+]202020º
Life expectancy [+]201979.10
Suicides [+]201096
Suicide rate [+]20103.30
Number of homicides [+]201866
Rate Homicides per 100.000 [+]20182.29
Energy and Environment
CO2 Tons per capita [+]20191.93
Annual crude oil production [+]202014
Crude Oil Reserves [+]2021150.0
Consumption GWh [+]20184,849
Generation GWh [+]20195,176
Others
COVID-19 - Deaths [+]06/14/20212,453
COVID-19 - Confirmed [+]06/14/2021132,461
Fully vaccinated [+]06/15/2021332,173
COVID-19 - Deaths per million population [+]06/14/2021856.20
Doses administered [+]06/15/2021836,430