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.
Albania boasts a significantly high life expectancy, comparable to many wealthier Western European nations, despite its relatively lower GDP per capita. This suggests strong underlying public health factors or lifestyle influences mitigating the economic transition challenges.
Albania's fertility rate is extremely low (1.35), placing it well below the replacement level of 2.1. This indicates a rapidly aging population and future demographic decline, a common challenge in post-communist and developing European states.
The country demonstrates strong foundational development in education and infrastructure, evidenced by a near-universal literacy rate and 100% access to electricity. These figures suggest a high level of basic human development despite the moderate economic standing.
While Albania experienced solid GDP growth (4.015%) in 2023, the unemployment rate remains stubbornly high at over 10%. This suggests that the economic expansion is not translating effectively into widespread job creation, potentially due to structural issues or a skills mismatch.
GDP (Current US$)
$23.49B
Year: 2023
GDP Per Capita
$9,730.87
GDP Growth (%)
4.02%
Inflation (%)
4.76%
Unemployment (%)
10.11%
Debt to GDP (%)
N/A%
Source: World Bank • Last updated: 1/23/2026
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