All Countries

Albania

Albania · ALB · Europe

25

Risk Score

Guarded Stable

Risk Factors

No recent events in pipeline

Overview

Albania is a parliamentary republic actively pursuing European Union membership, undergoing significant reforms to align with EU standards. Its economy is driven by services, agriculture, and energy, with tourism playing an increasingly vital role.

Leadership

Bajram Begaj

President

Government: Parliamentary Republic

Edi Rama

Olta Xhaçka

Ervin Mete

Economy

GDP

$26.5B

GDP per Capita

$9.0K

GDP Growth

+4.0%

Inflation

3.0%

Unemployment

9.5%

ServicesAgricultureEnergy (Hydropower)TourismManufacturing

Trade

Key Exports

TextilesFootwearCrude OilMetalsAgricultural Products

Key Imports

MachineryEquipmentFoodstuffsChemicalsVehicles

Top Partners

ItalyGermanyGreeceTurkeyChina

Headlines (8)

The Economic Times17h ago

NATO says date for next alliance meet not fixed yet after a rollercoaster summit with Trump

Read more
NBC News19h ago

Albania’s PM defends $4.56 million public funding for Kanye West concert

Read more
The Straits Times21h ago

Albania's PM defends €4 million Kanye West concert

Read more
Devdiscourse21h ago

Kanye West Concert Ignites Fury in Albania

Read more
The News International21h ago

Trump leaves NATO chief Mark Rutte red-faced over Albania PM’s shoes

Read more
Proto Thema1d ago

Bloomberg: NATO weighs cancelling 2027 Albania summit amid fears of fresh Trump clash

Read more
New York Magazine1d ago

Jared Kushner’s Albania Albatross

Read more
The Banker1d ago

Albania will experience no development without democracy

Read more