General profile: Albania

GENERAL INFORMATION FOR 2018
Population
Population
Exchange rates
Exchange rate
GDP
GDP
2.883 Millions
107.989 ALL/US$
15 297 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(n) 27 400 km²
2.02 %
4.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+25.2 %
Merchandise exports growth rate in 2018
Total merchandise trade
(millions of US$)
2005
2010
2015
2018
Merchandise exports
658
1 545
1 917
2 870
Merchandise imports
2 618
4 406
4 302
5 925
Merchandise trade balance
-1 960
-2 861
-2 386
-3 055
Export structure by product group in 2018
(as % of total exports)
1 %1 %75 %75 %9 %9 %6 %6 %9 %9 %
Top 5 partners in 2018
(exports, millions of US$)
1 4142351381321281 414235138132128
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2018
Services exports
1 267
2 585
2 248
3 613
Services imports
1 383
2 005
1 666
2 309
Services trade balance
-116
580
582
1 304
Services exports by main category ²
(as % of total services)
2005
2010
2015
2018
Transport
10.0
9.7
7.8
8.5
Travel
67.4
62.3
66.7
60.5
Other services
14.6
16.6
13.2
17.2
TRADE INDICES
More data on UNCTADstat
144144121121106106100100113113108108909086867878595967676161484842424141333327272424202010210210210210110110010010110110310310310310210210210298989898999999999999100100102102107107107107108108144121106100113108908678596761484241332724201021021011001011031031021029898999999100102107107108
ECONOMIC TRENDS
More data on UNCTADstat
+4.2 %
Gross domestic product growth rate in 2018
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
GDP, current
8 052
11 927
11 387
15 297
GDP per capita, current US$
2 609
4 046
3 939
5 306
Real GDP growth, y-on-y, %
5.53
3.71
2.22
4.20
Current account balance, % of GDP
-7.10
-11.37
-8.60
-6.59
Exchange rate (/US$)
99.870
103.936
125.961
107.989
GDP by expenditure in 2017
(as % of total GDP)
80.811.522.831.546.680.811.522.831.546.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.5 %
FDI outflows as % of GDP in 2018
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2018
FDI inflows
264.34
1 050.71
945.35
1 293.62
FDI outflows
4.10
6.38
37.65
82.52
Personal remittances, % of GDP
16.02
13.31
11.33
9.48
Financial flows trends
(millions of US$)
1 449.81 449.81 310.91 310.91 305.81 305.81 290.41 290.41 420.51 420.51 281.91 281.91 420.31 420.31 551.11 551.11 586.91 586.91 716.11 716.11 865.61 865.61 468.01 468.01 359.51 359.51 289.71 289.71 162.01 162.0889.0889.0733.1733.1699.4699.4598.0598.01 2941 2941 1461 1461 1001 1009459451 1101 1101 2661 2668558558768761 0511 0519969969749746596593243242642643463461771771331332062061441441 449.81 310.91 305.81 290.41 420.51 281.91 420.31 551.11 586.91 716.11 865.61 468.01 359.51 289.71 162.0889.0733.1699.4598.01 2941 1461 1009451 1101 2668558761 051996974659324264346177133206144FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2018
Balance, % of GDP
-25.33
-20.74
-17.27
-13.59
Balance, % of imports
-58.27
-42.77
-38.80
-30.33
Normalized balance
-0.411
-0.272
-0.241
-0.179
Trade openness ²
(sum of imports and exports as % of GDP)
7679757275767681767578736762
LABOUR FORCE
Labour force by gender in 2018
(as % of total labour force, all sectors)
Male
58%Male 58%Female
42%Female 42%
OTHER INDICATORS
More data on UNCTADstat
0.003 %
Share of the total world merchant fleet in 2018
Maritime transport indicators
 
2005
2010
2015
2018
Merchant fleet, national flag (thousands of DWT)
105
97
59
57
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
4.12
5.03
2.95
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2018
Share of ICT goods, % of total exports
0.59
0.84
0.79
..
Share of ICT goods, % of total imports
3.78
4.11
3.58
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
n
Estimated. Data refers to 2016.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 05 November 2019