2006 est.)
Unemployment rate:
13.2% official rate, but may exceed 30% due to preponderance of near-subsistence farming (2007 est.)
Population below poverty line:
25% (2004 est.)
Household income or consumption by percentage share:
lowest 10%: 3.4% highest 10%: 24.4% (2004)
Distribution of family income - Gini index:
26.7 (2005)
Investment (gross fixed):
23.3% of GDP (2007 est.)
Budget:
revenues: $2.782 billion expenditures: $3.155 billion (2007 est.)
Fiscal year:
calendar year
Public debt:
51.4% of GDP (2007 est.)
Inflation rate (consumer prices):
2.9% (2007 est.)
Central bank discount rate:
6.25% (31 December 2007)
Commercial bank prime lending rate:
14.1% (31 December 2007)
Stock of money:
$2.707 billion (31 December 2007)
Stock of quasi money:
$6.433 billion (31 December 2007)
Stock of domestic credit:
$7.341 billion (31 December 2007)
Agriculture - products:
wheat, corn, potatoes, vegetables, fruits, sugar beets, grapes; meat, dairy products
Industries:
food processing, textiles and clothing; lumber, oil, cement, chemicals, mining, basic metals, hydropower
Industrial production growth rate:
4% (2007 est.)
Electricity - production:
2.892 billion kWh (2007 est.)
Electricity - consumption:
3.607 billion kWh (2007 est.)
Electricity - exports:
0 kWh (2007 est.)
Electricity - imports:
2.8 billion kWh (2007 est.)
Electricity - production by source:
fossil fuel: 2.9% hydro: 97.1% nuclear: 0% other: 0% (2001)
Oil - production:
6,425 bbl/day (2007 est.)
Oil - consumption:
30,900 bbl/day (2006 est.)
Oil - exports:
748.9 bbl/day (2005 est.)
Oil - imports:
24,860 bbl/day (2005 est.)
Oil - proved reserves:
199.1 million bbl (1 January 2008 est.)
Natural gas - production:
30 million cu m (2006 est.)
Natural gas - consumption:
30 million cu m (2006 est.)
Natural gas - exports:
0 cu m (2007 est.)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - proved reserves:
849.5 million cu m (1 January 2008 est.)
Current account balance:
-$1.202 billion (2007 est.)
Exports:
$1.076 billion f.o.b. (2007 est.)
Exports - commodities:
textiles and footwear; asphalt, metals and metallic ores, crude oil; vegetables, fruits, tobacco
Exports - partners:
Italy 72%, Greece 8.8%, China 2.7% (2007)
Imports:
$3.999 billion f.o.b. (2007 est.)
Imports - commodities:
machinery and equipment, foodstuffs, textiles, chemicals
Imports - partners:
Italy 27.6%, Greece 14.8%, Turkey 7.4%, China 6.8%, Germany 5.6%,
Switzerland 5%, Russia 4.2% (2007)
Economic aid - recipient:
ODA: $318.7 million note: top donors were Italy, EU, Germany (2005 est.)
Reserves of foreign exchange and gold:
$2.162 billion (31 December 2007 est.)
Debt - external:
$1.55 billion (2004)
Market value of publicly traded shares:
$NA
Currency (code):
lek (ALL) note: the plural of lek is leke
Currency code:
ALL
Exchange rates:
leke (ALL) per US dollar - 92.668 (2007), 98.384 (2006), 102.649 (2005), 102.78 (2004), 121.863 (2003)
Communications
Albania
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