Republic of Albania
Capital
Tirana
Region
Europe
Population
2,363,314
Area (km²)
28,748
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.
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.
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.
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.
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.
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
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