World Business Center




Albania

Chair

Albania’s economy is characterized by a GDP of approximately $26.18 billion, with a per capita income of $10,586. As of 2024the nation’s trade volume includes exports valued at $4.39 billion and imports totaling $7.75 billion.  The population stands at around 2.4 million.  Key sectors contributing to the economy are agriculture (18.62%), industry (21.39%), and services (47.35%). 

Major industries include footwear, apparel, lumber, oil, cement, chemicals, mining, basic metals, food and beverages, hydropower, and auto parts.  The country has been implementing structural reforms to support equitable growth, enhance productivity, and improve governance. 

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