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10 March, 2021updated 29 Oct 2021 17:50

Investing in Albania: what you need to know

All of the key data and information needed when considering investing in Albania.

By Carmen

As of 2021, Albania has a population of 2.8 million, making it the 139th largest country in the world by this measure. There are 50.9% males and 49.1% females.

There are 1.1 million people employed in Albania, with an unemployment rate of 13.2% – 171,916 people.

Albania is the 248th largest economy in the world with a GDP of $16.4bn. Albania’s GDP has grown by 37% between 2010 and 2021 and is expected to grow by 20% by 2025.

As of 2018 there were 131,833 students in tertiary education in Albania, with 268,872 students in secondary and 170,861 in primary education. Albania spent 2.4% of its GDP on education in 2019.

Albania ranked 82nd in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 63rd. In the World Economic Forum’s Global Competitiveness Report (2019), Albania finished 81st, after ranking 81st in 2018.

Public healthcare expenditure totalled $377m and private healthcare expenditure equalled $581m in 2018.

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