Albania FlagAlbania

You Albania Give Me Honor, You Give Me The Name Albanian.

 

General


Population: 3,020,209 (2014), 3,011,405 (2013)
Land Area: 28,748 sq km
Natural Resources: Petroleum, natural gas, coal, bauxite, chromite, copper, iron ore, nickel, salt, timber, hydro power
Capital: Tirana
Political System: Democracy
State Leader: Bujar Nishani (July 24th 2012)
Head of Government: Edi Rama (September 10th 2013)
Languages: Albanian, Greek, Vlach, Romani, Slavic dialects
Currency: Lek (ALL)
Major Religions: Muslim 70%, Albanian Orthodox 20%, Roman Catholic 10%
Major Ethnicities: Albanian 95%, Greek 3%, Other 2%
Life Expectancy: 77.96 years (2014) 77.77 years (2013)

Economy


GDP Official Exchange Rate: 12.8 billion (2013), 12.39 billion (2012)
GDP Purchasing Power Parity: 28.34 billion (2013), 25.86 billion (2012)
GDP Per Capita (PPP): 10,700 (2013), 8,000 (2012)
GDP Growth Rate: 0.7% (2013), 0.5% (2012)
GDP Structure: Agriculture 19.5%, Industry 12%, Services 68.5% (2011)
Labour Force By Occupation: Agriculture 54.6%, Industry 12.8%, Services 32.6% (2012)
Industries: Food processing, textiles and clothing, lumber, oil, cement, chemicals, mining, basic metals, hydro power
Agriculture Products: Wheat, corn, potatoes, vegetables, fruits, sugar beets, grapes; meat, dairy products
Human Development Index: 0.716 (95th)(2014), 0.749 (70th)(2013)
Tourism Revenue: 756 million (2004)
Unemployment Rate: 16.9% (2013)

MilitaryAlbania  Map


Army Size: 21 500 (2004)
Budget: 1.49% of GDP (2005)

Current Situation

 

Albania is located in south Eastern Europe, Albania is bordered by Greece, Montenegro, Kosovo and Macedonia. Albania is a potential candidate for membership in the European Union, and has also joined the NATO (North American Treaty Organization) alliance. Albania has sent peacekeepers to the Balkans, Afghanistan, Iraq and Chad. Following the global financial crisis, specifically the crises in Greece and Italy (Albania's main trading partners), Albania's economic growth has cooled significantly as a result in recent years. (2014) Although Albania's growth has slowed tourism is expanding rapidly and foreign investments are becoming more common as the government continues the modernization of Albania's institutions.

Thoughts & Comments

 

Sources

CIA World Factbook: Albania
Wikipedia: Albania
http://hdrstats.undp.org/en/countries/profiles/ALB.htm

Updated on: July 19th, 2014