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Economy Albania
Flag of Albania Albania
Population: 3,544,808 (July 2004 est.)
Capital: Tirana
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Tabular Data - The Albanian Economy

GDP : purchasing power parity - $16.13 billion (2003 est.)
GDP - Real Growth Rate : 7% (2003 est.)
GDP - Per Capita : purchasing power parity - $4,500 (2003 est.)
GDP - Composition By Sector : agriculture: 47.5%
industry: 24.6%
services: 27.8% (2003 est.)
Population Below Poverty Line : 30% (2001 est.)
Inflation Rate (Consumer Prices) : 2.4% (2003)
Labor Force : 1.35 million (not including 352,000 emigrant workers) (2003 est.)
Labor Force - By Occupation : agriculture 57%, non-agricultural private sector 20%, public sector 23% (2003 est.)
Budget : revenues: $1.36 billion
expenditures: $1.627 billion, including capital expenditures of $406 million (2003 est.)
Industries : food processing, textiles and clothing; lumber, oil, cement, chemicals, mining, basic metals, hydropower
Industrial Production Growth Rate : 2.7% (2003 est.)
Electricity - Production : 5.289 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 2.9%
hydro: 97.1%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 5.898 billion kWh (2001)
Electricity - Exports : 221 million kWh (2001)
Electricity - Imports : 1.2 billion kWh (2001)
Agriculture - Products : wheat, corn, potatoes, vegetables, fruits, sugar beets, grapes; meat, dairy products
Exports : $425 million f.o.b. (2003 est.)
Exports - Commodities : textiles and footwear; asphalt, metals and metallic ores, crude oil; vegetables, fruits, tobacco
Exports - Partners : Italy 73.2%, Germany 5%, Greece 4.3% (2003 est.)
Imports : $1.76 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and equipment, foodstuffs, textiles, chemicals
Imports - Partners : Italy 37.9%, Greece 21.3%, Turkey 5.9%, Germany 5.4% (2003 est.)
Debt - External : $1.41 billion (2003)
Economic Aid - Recipient : ODA: $315 million (top donors were Italy, EU, Germany) (2000 est.)
Currency : lek (ALL)
Currency Code : ALL
Exchange Rates : leke per US dollar - 121.863 (2003), 140.155 (2002), 143.485 (2001), 143.709 (2000), 137.691 (1999)
Fiscal Year : Calendar Year

Country References
Country profile data for Albania

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Data Source: Central Intelligence Agency 2004 World Factbook