title
macrohistory & world report

Republic of Albania

Geography

On the Adriatic Sea in southeastern Europe. Capital: Tirana

Government

CIA Factbook: "An emerging democracy."

Recent History

Figures unless otherwise stated are from the CIA Factbook.

Factbook: "Lagging behind its Balkan neighbors, Albania is making the difficult transition to a more modern open-market economy. Macroeconomic growth has averaged around 5% over the last five years and inflation is low and stable. The government has taken measures to curb violent crime, and recently adopted a fiscal reform package aimed at reducing the large gray economy and attracting foreign investment. The economy is bolstered by annual remittances from abroad representing about 15% of GDP, mostly from Albanians residing in Greece and Italy; this helps offset the towering trade deficit."

Economy

Figures unless otherwise stated are from the CIA Factbook.

Estimated per capita GDP (2009 U.S. dollars)

2009: $6,300 (ranks 131st)
2008: $6,100
2007: $5,800

GDP annual real (not per capita) growth rate estimate

2009: 3.7%
2008: 6.1%
2007: 6%

Unemployment rate

2009: 12.0%
2008: 12.5%
2007: 13.2%

Agriculture

49% of GDP.

Population

Living in an urban area: 47% (2008)

July 2009: 3.639 million. Growth rate: 0.546%
July 2008: 3.619 million

Persons per square kilometer of arable land: 616.6

Migration

2009: More leaving than arriving. A net loss of loss of 4.28 per 1,000 population -- largely people leaving for work and sending money back to families.

Health

Infant mortality (deaths before the age of one year, per 1,000 live births)

2009: 18.62
2008: 19.31
2005: 21.52

Average life expectancy at birth

2009: 77.96 years
2008: 77.78

Ethnicities

Albanian 95 percent, Greek 3 percent, other 2 percent (1989 est.)

Religion

Muslim 70 percent, Albanian Orthodox 20percent, Roman Catholic 10 percent

SOURCES:
http://www.cia.gov/cia/publications/factbook/

Copyright © 2010 by Frank E. Smitha. All rights reserved.