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Economy of Albania. Statistics, Data and Indicators

flag
Albania
N/AN/A Credit rank #
N/A Quality of life #
104 Corruption rank#91
82 Ease of doing business#63
Albania


Albania Major Economic Indicators

Indicator Data Period
GDP Value 15.28 USD Billion 2019
GDP Annual Growth Rate 2.99 % 4Q/20
GDP Growth Rate 1.2 % 4Q/20
GDP per capita 5209 USD 2019
Inflation Rate YoY 1.9 % Apr/21
Interest Rate 0.5 % May/21
Unemployment Rate 12.3 % 4Q/20
Wages 54951 ALL/Month | 539.767 USD/Month 4Q/20
Balance of Trade -32779 ALL Million | -0.322 B USD Mar/21
Current Account -352 EUR Million | -0.427 B USD 4Q/20
Government Debt 1220922 ALL Million | 11.993 B USD 1Q/21


GDP
vvp
15.28
B USD
#123 from 174 countries
GDP per capita
vvp
5209
USD
#93 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 15.28 USD Billion 2019
GDP Annual Growth Rate 2.99 % 4Q/20
GDP Growth Rate 1.2 % 4Q/20
GDP per capita 5209 USD 2019
GDP Constant Prices 388600 ALL Million | 3.817 B USD 4Q/20
GDP per capita PPP 13962 USD 2019
GDP From Agriculture  67199 ALL Million | 0.66 B USD 4Q/20
GDP From Construction  37427 ALL Million | 0.368 B USD 4Q/20
GDP From Manufacturing  27070 ALL Million | 0.266 B USD 4Q/20
GDP From Mining  58143 ALL Million | 0.571 B USD 4Q/20
GDP From Public Administration  46025 ALL Million | 0.452 B USD 4Q/20
GDP From Services  55632 ALL Million | 0.546 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 65.9 % 2019
Government Budget Value -7162 ALL Million | -0.07 B USD Mar/21
Government Spending 48086 ALL Million | 0.472 B USD 4Q/20
Government Debt 1220922 ALL Million | 11.993 B USD 1Q/21
Government Revenues 108591 ALL Million | 1.067 B USD Mar/21
Fiscal Expenditure  115753 ALL Million | 1.137 B USD Mar/21
Government Budget to GDP -1.9 % 2019
Government Spending to GDP 29.3 % 2019
Military Expenditure 197 USD Million | 0.197 B USD 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 103 Index Points Apr/21
Food Inflation 4.8 % Apr/21
Gasoline Prices 1.42 USD/Liter Apr/21
Inflation Rate YoY 1.9 % Apr/21
Producer Prices 98.7 Index Points 4Q/20
Inflation Rate Mom 0.2 % Apr/21
CPI Housing Utilities 100 Index Points Apr/21
CPI Transportation 101 Index Points Apr/21
Harmonised Consumer Prices 104 Index Points Mar/21
Producer Prices Change  -3.4 % 4Q/20


Trade Indicators

Indicator Data Period
Current Account to GDP -7.6 % 2019
Balance of Trade -32779 ALL Million | -0.322 B USD Mar/21
Capital Flows 14.62 EUR Million | 17744.656 B USD 4Q/20
Current Account -352 EUR Million | -0.427 B USD 4Q/20
Exports 31717 ALL Million | 0.312 B USD Mar/21
External Debt 8554 EUR Million | 10.382 B USD 4Q/20
Imports 64497 ALL Million | 0.634 B USD Mar/21
Tourist Arrivals 535616 Persons | 0.536 Million Persons 4Q/20


Money Indicators

Indicator Data Period
Bank Lending Rate 3.2 % Feb/21
Gold Reserves 2.8 Tonnes 4Q/20
Interest Rate 0.5 % May/21
Loans to Private Sector 370595 ALL Million | 3.64 B USD Feb/21
Money Supply M0 530271 ALL Million | 5.209 B USD Mar/21
Money Supply M1 644027 ALL Million | 6.326 B USD Mar/21
Money Supply M2 866788 ALL Million | 8.514 B USD Mar/21
Money Supply M3 1469039 ALL Million | 14.43 B USD Mar/21
Central Bank Balance Sheet 619858 ALL Million | 6.089 B USD Feb/21
Deposit Interest Rate 0.1 % Mar/21
Foreign Direct Investment 242 EUR Million | 0.294 B USD 4Q/20


Labor Indicators

Indicator Data Period
Minimum Wages 26000 ALL/Month | 255.39 USD/Month 4Q/20
Retirement Age Men 65 yers 2021
Retirement Age Women 61.17 yers 2021
Unemployment Rate 12.3 % 4Q/20
Wages 54951 ALL/Month | 539.767 USD/Month 4Q/20
Youth Unemployment Rate 21.7 % 4Q/20
Employed Persons 1145 Thousand Person | 1.145 Million Person 4Q/20
Employment Rate  60.2 % 4Q/20
Labor Force Participation Rate 68.7 % 4Q/20
Unemployed Persons 91 Thousand Persons | 0.091 Million Persons 4Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 14 BBL/D/1K Jan/21
Industrial Production -1.8 % 4Q/20
Mining Production -24 % 4Q/20


Business Indicators

Indicator Data Period
Business Confidence -1.5 Index Points 1Q/21
Corruption Index 36 Index Points 2020
Corruption Rank 104 place 2020
Ease of Doing Business 82 place 2019
Manufacturing Production 7.5 % 4Q/20
Competitiveness Index 57.61 Index Points 2019
Competitiveness Rank 81 2019
Economic Optimism Index 81.1 Index Points 4Q/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -18.9 Index Points 1Q/21
Retail Sales YoY 3.9 % Dec/20
Consumer Credit 200153 ALL Million | 1.966 B USD Feb/21
Consumer Spending 280772 ALL Million | 2.758 B USD 4Q/20


Housing Market

Indicator Data Period
Construction Output 25.9 % 4Q/20


Government Debt
dept_icon
11.993
B USD
#51 from 65 countries
Balance of Trade
balance_icon
-0.322
B USD
#93 from 173 countries


Gold Reserves
gold_reserve_icon
2.8
Tonnes
#88 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
-0.07
B USD
#46 from 113 countries
Inflation Rate
inflation_icon
1.9
%
#110 from 174 countries


Interest Rate
discount_rate_icon
0.5
%
#127 from 159 countries
Bank Lending Rate
credit_rate_icon
3.2%
#28 from 55 countries


Unemployment Rate
unemployment_icon
12.3
%
#35 from 171 countries
Wages
salary_icon
539.767
USD/Month
#64 from 82 countries


Retirement Age
man_icon
woman_icon
65
61.17
men
women
Taxes
company_icon
private_icon
15%
23%
company profits
income of individuals