Albania Economic Statistics and Indicators

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Country: Albania
National or Regional Currency: Lek, ALL
Year of data: 2002 › Change year
Date of Last Update: 1st August 2011
Area: total: 28,748 sq km land: 27,398 sq km water: 1,350 sq km
Natural Resources: petroleum, natural gas, coal, bauxite, chromite, copper, iron ore, nickel, salt, timber, hydropower
Capital: name: Tirana (Tirane) geographic coordinates: 41 19 N, 19 49 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Albania Economy
More on the Albania Export, Import and Trade
Economic Indicator Listing
  For Albania in year 2002 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.231 %
GDP (Current Prices, National Currency)ALL 622.711 Billion.
GDP (Current Prices, US Dollars)US$ 4.435 Billion
GDP Deflator 147.019 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)ALL 137,333.54 .
GDP Per Capita (Current Prices, National Currency)ALL 201,906.99 .
GDP Per Capita (Current Prices, US Dollars)US$ 1,438.02
GDP (PPP), US DollarsUS$ 13.728 Billion
GDP Per Capita (PPP), US DollarsUS$ 4,451.12
GDP Share of World Total (PPP) 0.03 %
Implied PPP Conversion Rate 45.361
Investment (% of GDP) 27.939 %
Gross National Savings (% of GDP) 20.753 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 2,134.26 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5.218 %
Inflation, End of Year (Indexed to Year 2000) 2,173.16 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.681 %
Import Volume of All Items Including Goods and Services (Percent Change) 11.868 %
Import Volumes of Goods Only (Percent Change) 11.879 %
Export Volume of All Items Including Goods and Services (Percent Change) 3.878 %
Export Volumes of Goods Only (Percent Change) 10.271 %
Value of Oil ImportsUS$ 0.136 Billions
Value of Oil ExportsUS$ 0 Billions
Unemployment Rate (% of Labour Force) 16 %
Population 3.084 Million
General government revenue (National Currency)ALL 154.595 Billions.
General government revenue (% of GDP) 24.826 %
General government total expenditure (National Currency)ALL 196.549 Billions.
General government total expenditure (% of GDP) 31.563 %
Total Government Net Lending/ Borrowing (National Currency)ALL -41.954 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -6.737 %
Total Government Net Debt (National Currency)ALL 407.653 Billion.
Total Government Net Debt (% of GDP) 65.464 %
Total Government Gross Debt (National Currency)ALL 407.653 Billion.
Total Government Gross Debt (% of GDP) 65.464 %
Fiscal Year Gross Domestic Product, Current PricesALL 622.711 Billions.
Current Account Balance (US Dollars)US$ -0.318 Billion
Current Account Balance (% GDP) -7.163 %
Economic Indicators for Albania 2002

GDP (Constant Prices, National Currency) for Albania in year 2002 is ALL 423.557 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Albania in year 2002 is 4.231 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Albania in year 2002 is ALL 622.711 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Albania in year 2002 is US$ 4.435 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Albania in year 2002 is 147.019 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Albania in year 2002 is ALL 137,333.54 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Albania in year 2002 is ALL 201,906.99 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Albania in year 2002 is US$ 1,438.02 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Albania in year 2002 is US$ 13.728 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Albania in year 2002 is US$ 4,451.12 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Albania in year 2002 is 0.03 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Albania in year 2002 is 45.361 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Albania in year 2002 is 27.939 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Albania in year 2002 is 20.753 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Albania in year 2002 is 2,134.26 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Albania in year 2002 is 5.218 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Albania in year 2002 is 2,173.16 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Albania in year 2002 is 1.681 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Albania in year 2002 is 11.868 %.

Import Volumes of Goods Only (Percent Change) for Albania in year 2002 is 11.879 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Albania in year 2002 is 3.878 %.

Export Volumes of Goods Only (Percent Change) for Albania in year 2002 is 10.271 %.

Value of Oil Imports for Albania in year 2002 is US$ 0.136 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Albania in year 2002 is US$ 0 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Unemployment Rate (% of Labour Force) for Albania in year 2002 is 16 %.

Population for Albania in year 2002 is 3.084 Million .

General government revenue (National Currency) for Albania in year 2002 is ALL 154.595 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Albania in year 2002 is 24.826 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Albania in year 2002 is ALL 196.549 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Albania in year 2002 is 31.563 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Albania in year 2002 is ALL -41.954 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Albania in year 2002 is -6.737 %.

Total Government Net Debt (National Currency) for Albania in year 2002 is ALL 407.653 Billion. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.receivable.

Total Government Net Debt (% of GDP) for Albania in year 2002 is 65.464 %. Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Total Government Gross Debt (National Currency) for Albania in year 2002 is ALL 407.653 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Albania in year 2002 is 65.464 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Albania in year 2002 is ALL 622.711 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Albania in year 2002 is US$ -0.318 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Albania in year 2002 is -7.163 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Albania
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Albania
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Albania
  Natural Resources, Agricultural Products, Land Use and Water Use for Albania
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Albania
  Age Structure, Median Age, Gender and Urbanization for Albania
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Albania
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Albania
  HIV, AIDS and Other Major Infectious Disease Rates for Albania
  Nationality, Ethnic Groups, Languages and Religions for Albania
  Literacy Rate, Educational Expenditure and School Life Expectancy for Albania
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Albania
  Labor Force by Occupation for Albania
  Poverty Line, Gini Index, Household Income and Consumption for Albania
  National Budget and Public Debt for Albania
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Albania
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Albania
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Albania
  Industries and Industrial Growth Production Rate for Albania
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Albania
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Albania
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Albania
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Albania
  Foreign Exchange Reserves and Gold Reserves for Albania
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Albania
  Exchange Rate Statistics for Albania
  Television and Radio Statistics (TV Stats, Radio Stats) for Albania
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Albania
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Albania
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Albania
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Albania
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Albania
* Source: CIA
Internet Indicators for Albania
Indicators
  Number of Internet Users for Albania
  Internet Penetration Rate for Albania
  Number of Facebook Accounts for Albania
  Facebook Penetration Rate for Albania
* Source: IWS
Economic Freedom Indicators for Albania
Indicators
  Economic Freedom World Rank for Albania
  Economic Freedom Regional Ranking for Albania
  Business Freedom for Albania
  Trade Freedom for Albania
  Fiscal Freedom for Albania
  Government Spending for Albania
  Monetary Freedom for Albania
  Investment Freedom for Albania
  Financial Freedom for Albania
  Property Rights for Albania
  Freedom from Corruption for Albania
  Labor Freedom for Albania
  Tariff Rate for Albania
  Income Tax Rate for Albania
  Corporate Tax Rate for Albania
  Tax Burden % of GDP for Albania
  Government Expenditure % of GDP for Albania
* Source: HFO
Corruption Perceptions Index Rank and Score for Albania
Indicator
  Corruption Perceptions Index Rank and Score for Albania
* Source: TIO
Albania Economic Indicators in other Years
  Albania Economic Indicators for Year 2016 (Forecast)
  Albania Economic Indicators for Year 2015 (Forecast)
  Albania Economic Indicators for Year 2014 (Forecast)
  Albania Economic Indicators for Year 2013 (Forecast)
  Albania Economic Indicators for Year 2012 (Forecast)
  Albania Economic Indicators for Year 2011 (Forecast)
  Albania Economic Indicators for Year 2010 (Current)
  Albania Economic Indicators for Year 2009
  Albania Economic Indicators for Year 2008
  Albania Economic Indicators for Year 2007
  Albania Economic Indicators for Year 2006
  Albania Economic Indicators for Year 2005
  Albania Economic Indicators for Year 2004
  Albania Economic Indicators for Year 2003
Albania Economic Indicators for Year 2002
  Albania Economic Indicators for Year 2001
  Albania Economic Indicators for Year 2000
  Albania Economic Indicators for Year 1999
  Albania Economic Indicators for Year 1998
  Albania Economic Indicators for Year 1997
  Albania Economic Indicators for Year 1996
  Albania Economic Indicators for Year 1995
  Albania Economic Indicators for Year 1994
  Albania Economic Indicators for Year 1993
  Albania Economic Indicators for Year 1992
  Albania Economic Indicators for Year 1991
  Albania Economic Indicators for Year 1990
  Albania Economic Indicators for Year 1989
  Albania Economic Indicators for Year 1988
  Albania Economic Indicators for Year 1987
  Albania Economic Indicators for Year 1986
  Albania Economic Indicators for Year 1985
  Albania Economic Indicators for Year 1984
  Albania Economic Indicators for Year 1983
  Albania Economic Indicators for Year 1982
  Albania Economic Indicators for Year 1981
  Albania Economic Indicators for Year 1980