Economic Trivia

The agricultural sector accounts for almost half of employment and one-fifth of GDP.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2017): Italy, Germany, and Greece
Top 3 Exported Goods (2017): Footwear, Apparel: Non Knit, and Oil & Mineral Fuels

Top Industries Source: CIA World Factbook

Perfumes and Cosmetic Products; Food and Tobacco Products; Textiles and Clothing; Lumber

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $37,192,434,065 (2017)
GDP Growth Rate (annual %) 3.836% (2017)
GDP Per Capita, PPP (current international) $12,943 (2017)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 120/195 (2017)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.994% (2017)
External debt stocks, total (DOD, current US$) $9,114,636,797 (2017)
Total tax rate (% of commercial profits) 37.3% (2018)
Real Interest Rate (5 year average %) 5.148% (2017)
Manufacturing, value added (% of GDP) 5.983% (2017)
Current Account Balance (BoP, current US$) ($981,498,262) (2017)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 1,336,470 (2018)
Employment in Agriculture (% of total employment) 37.997% (2018)
Employment in Industry (% of total employment) 19.341% (2018)
Employment in Services (% of total employment) 42.662% (2018)
Unemployment Rate 13.898% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $6,070,376,332 (2017)
Exports of goods and services (current US$) $4,110,304,224 (2017)
Total Merchandise Trade (% of GDP) 58.255% (2017)
FDI, net inflows (BoP, current US$) $1,022,132,157 (2017)
Commercial Service Exports (current US$) $3,192,929,713 (2017)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Albania’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank