Albania flag

Albania

Republic of Albania

Capital

Tirana

Region

Europe

Population

2,363,314

Area (km²)

28,748

💡Quick Summary

Albania, a Southeastern European nation in the Balkans, boasts a population of about 2.36 million and covers 28,748 km² of diverse terrain from Adriatic beaches to rugged mountains. Its capital, Tirana, serves as the vibrant cultural and economic hub, blending Ottoman heritage with modern influences. While GDP data is unavailable here, Albania's economy thrives on tourism, agriculture, and energy, drawing visitors to its UNESCO sites and affordable coastal escapes.

Key Insights

Remarkable Access to Electricity

Despite being a developing economy in Southeast Europe, Albania boasts 100% access to electricity for its population. This indicates a significant achievement in infrastructure development and energy distribution, surpassing many more developed nations.

Low Fertility Rate in a Developing Economy

Albania exhibits a very low fertility rate of 1.35, significantly below the replacement level of 2.1. This suggests a potential future challenge for population growth and age structure, which is more typical of highly developed economies.

High Life Expectancy and Literacy Rate

Albania demonstrates strong human development indicators with a high life expectancy of 79.60 years and an impressive literacy rate of 97.680%. These figures are comparable to, or even exceed, those of some Western European countries, highlighting successful public health and education initiatives.

Persistent Double-Digit Unemployment

Despite a robust GDP growth of 4.015%, Albania faces a significant challenge with a double-digit unemployment rate of 10.108%. This indicates a potential disconnect between economic expansion and job creation, or structural issues within the labor market.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$23.49B

Year: 2023

GDP Per Capita

$9,730.87

GDP Growth (%)

4.02%

Inflation (%)

4.76%

Unemployment (%)

10.67%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 2/17/2026

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-4.00%0.00%4.00%8.00%12.00%
  • GDP Growth (%)
Population Growth
Total population over time
20142015201620172018201920202021202220230700,0001,400,0002,100,0002,800,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
201420152016201720182019202020210.0%15.0%30.0%45.0%60.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$2,500$5,000$7,500$10,000
  • GDP Per Capita ($)

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