Albania

Official Name: The Republic of Albania
Sovereign Status: Sovereign Country
Government Type: Parliamentary Republic
Official Name (Local Language): Republika e Shqiperise
ISO Country Codes: AL : ALB
Internet Domain: .al
Government Web Site: https://kryeministria.al/en/
Capital: Tirana Main Airports: Tirana International Airport
Language(s): Albanian Population: 3,095,344
Currency: Albanian Lek ISO Currency Code: ALL
Telephone Dial In: +355 ID Prefix: 00




Albania

Government Website: https://kryeministria.al/en/
Sovereign Ratings: https://countryeconomy.com/ratings/albania
Central Bank: Bank of Albania
Currency USD Exchange Rate: 102.43 leke (ALL) per US dollar (2020 est.)
Unemployment Rate: 5.83% (2019 est.)
Population below poverty line: 14.3% (2012 est.)
Inflation Rate: 1.4% (2019 est.)
Prime Lending Rate: 4.60% (Dec-20 - TradingEconomics)
GDP: $40.822 billion (2021 est.)
GDP Pro Capita (PPP): $14,500 (2021 est.)
Currency Name: Albanian Lek
Currency Code: ALL
World Bank Classification: Upper-Middle-Income Economy

GDP Composition:

Agriculture: 21.6% wheat, corn, potatoes, vegetables, fruits, olives and olive oil, grapes; meat, dairy products; sheep and goats
Industry: 14.9% food; footwear, apparel and clothing; lumber, oil, cement, chemicals, mining, basic metals, hydropower
Services: 63.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Bursa e Tiranes ;

National Statistics Office:

National Dataset(s):

Albania


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Albanian; English
Customs & Excise: Dogana Customs
Development Bank(s): The Social Development Bank in Europe; Islamic Development Bank; The Albanian Development Fund; The European Bank for Reconstruction and Development;
National Standards Bureau: General Directorate of Standardization
Competitive Ind’l Performance: 81/141 (2019) Corruption Perceptions Index: 101/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 60/136 (2016)
Global Trade Alert Search ITC's Lega Carta



Export Credit & Insurance Show
Investment & Export Promotion Show

Investment & Export Promotion Agency: Albanian Investment Development Agency ;



Regional Trade Agreements & Organisations: