Albania

Business Context Overview

EU Candidate Country
Flag - Albania
2.7–2.8M
Approx. 2.7–2.8 million inhabitants.
Population
€22–24B
Approx. €22–24 billion.
GDP (Nominal)
€8,000–€9,000
Approx. €8,000–€9,000 per capita (nominal).
GDP per Capita
3.0–3.5%
Approx. 3.0–3.5%.
GDP Growth
2.5–3.5%
Approx. 2.5–3.5%.
Inflation
10–11%
Approx. 10–11%.
Unemployment Rate
Albanian lek (ALL)
Albanian lek (ALL)
Currency
63–67%
Approx. 63–67% of GDP.
Public Debt

Economic Structure

Manufacturing and textiles Albania’s economy is driven by tourism growth and energy production.

Tourism and hospitality
Agriculture and food processing
Energy (hydropower)
Construction
Manufacturing and textiles Albania’s economy is driven by tourism growth and energy production.

Economic Outlook

Albania is expected to maintain solid growth, driven by tourism, infrastructure projects, and private consumption.

Business Environment (High-Level)

Albania offers a business environment shaped by Tourism and hospitality, Agriculture and food processing, Energy (hydropower), with commercial activity supported by Textiles and footwear, Minerals and metals and regional market integration.

15%

20%

Approx. €400–€450 per month.

EU Candidate Country.

Approximately 3–5 days.

Main Export Products

  • Textiles and footwear
  • Minerals and metals
  • Energy
  • Agricultural products
  • Construction materials

Main Export Partners

  • Italy
  • Greece
  • Germany
  • Spain
  • Kosovo
  • Türkiye

Data & Transparency

Data Sources:

  • IMF
  • World Bank
  • Eurostat
  • INSTAT
  • Bank of Albania

Last Updated: April 2026

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This profile is based on publicly available data and AI-supported analysis. It does not constitute official or legally binding information. Users are required to verify all data with relevant authorities before making decisions. We are not a governmental body, public authority, or official representative of any country unless explicitly stated.