Country Details

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The Republic of Albania

Head of State	:	Buraj Nishani
Population	:	2.77 Million
Capital City	:	Tirana
Largest City	:	Tirana
Languages	:	Albanian 98.8% (official - derived from Tosk dialect), Greek 0.5%, other 0.6% (including Macedonian, Roma, Vlach, Turkish, Itali
Monetary Unit	:	Lek (ALL)

SOURCE: The Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)

Facts

GDP (USD)	:	12,044,464,704.00
Foreign Direct Investment (FDI) (USD)	:	957.04 million (2012)
GNI (USD)	:	12,058,264,652.00
Exports of Goods & Services (USD)	:	4,292.41 million (2012)
Imports of Goods & Services (USD)	:	6,666.59 million (2012)
Life Expectancy at Birth	:	77.35 Years (2012)
Intra-OIC Exports (USD)	:	108.66 million (2013)
Intra-OIC Imports (USD)	:	442.66 million (2013)

Location & Geography

Albania is a country in South Eastern Europe. The total land area of the country is 28,750 km2. It is bordered by Montenegro to the northwest, Kosovo to the northeast, the Republic of Macedonia to the east and Greece to the south and southeast. It has a coast on the Adriatic Sea to the west and on the Ionian Sea to the southwest. The 70% of the country that is mountainous is rugged and often inaccessible. The remainder is an alluvial plain. The climate on the coast is typically Mediterranean with mild, wet winters and warm, sunny, and rather dry summers. Inland conditions vary depending on altitude but the higher areas above 1,500 m/5,000 ft are rather cold and frequently snowy in winter. Average precipitation is heavy.

Investment Profile

Doing Business 2014 Rank***	Doing Business 2015 Rank	Change in Rank
108	68	40
Doing Business 2014 DTF** (% points)	Doing Business 2015 DTF** (% points)	Change in DTF** (% points)
59.79	66.06	6.27