Embassy of Greece Office for Economic and Commercial Affairs ALBANIA ECONOMY – FOREIGN TRADE –...
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Embassy of Greece Office for Economic and Commercial Affairs ALBANIA ECONOMY – FOREIGN TRADE – ALBANIAN MARKET
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Transcript of Embassy of Greece Office for Economic and Commercial Affairs ALBANIA ECONOMY – FOREIGN TRADE –...
Embassy of GreeceOffice for Economic and Commercial Affairs
ALBANIA
ECONOMY – FOREIGN TRADE – ALBANIAN MARKET
Capital: Tirana
Total area: 28.750 km2
(1/4 of Greece)
Population: 2.831.741
Currency: Albanian LEK (ALL)1 € = 138,89 ALL (9/2012)
GDP: 1.314,7 δισ. αλβ. λεκ
GDP per capita: 3.716 δολλ. ΗΠΑ (IMF)
Inflation: 3,5% (2011)
Labor force: 1.076.391
Base salary: 142 € (private sector)
Public Debt: 60% of GDP
Imports: 528,37 bil. ALL
Exports: 213,01 bil. ALLδισ.
ALBANIA
Office for Economic and Commercial Affairs in Tirana
Growth rate - estimations
2012 2013 2014
IMF 0,5% 1,7% 2,5%
Ministry of Finance 3,0% 4,0% 4,2%
Office for Economic and Commercial Affairs in Tirana
Office for Economic and Commercial Affairs in Tirana
Office for Economic and Commercial Affairs in Tirana
GDP by Sector
Services
Total number of countries
Position of Albania
2010 2011 2012
Economist Intelligence Unit“Democracy Index” 167 84th 87th
Transparency International“Corruption Perceptions Index” 182 87th 95th
World Economic Forum“Global Competitiveness Report” 142 88th 78th 89th
Heritage Journal“Index of Economic Freedom” 183 70th
World Bank“Doing Business” 183 82nd 77th 82nd
Position of Albaniain International Organizations reports
Office for Economic and Commercial Affairs in Tirana
Remittances from expatriates (inflow)2007 2008 2009 2010 2011
Value in million € 951,72 833,31 782,31 696,49 692,90Change rate -12,44% -6,12% -10,97% -0,52%
Current account deficit of Albania2000 - 2011
Office for Economic and Commercial Affairs in Tirana
Foreign Direct Investment(inflow)
2007 2008 2009 2010 2011
Value in million € 481,13 665,15 716,91 793,32 741,92
Change rate - 38,25% 7,78% 10,66% -6,48%
Office for Economic and Commercial Affairs in Tirana
Mil
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lba
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Office for Economic and Commercial Affairs in Tirana
Office for Economic and Commercial Affairs in Tirana
Office for Economic and Commercial Affairs in Tirana
Origin of Albanian imports (2012)
Office for Economic and Commercial Affairs in Tirana
Albanian Imports (2012)
Bilateral Trade between Greece and Albania2006 – 2012
million ALL
Office for Economic and Commercial Affairs in Tirana
Office for Economic and Commercial Affairs in Tirana
Albanian Imports from Greece (2012)
Enterprises in Albania
97.436 active enterprises in December 2010
6% less enterprises than in 2009
64% created between 2005-2010
50% in Tirana and Durres
84% operate in the services sector (trade, hotels, restaurants bars)
99% SMEs
1% have more than 50 employees and employ 42% of employed
2.739 of foreign or joint ownership
62,7% with only one employee
Office for Economic and Commercial Affairs in Tirana
Useful information for exporters There are no reliable yellow pages etc with updated contact information for the active companies.
Use of email and English language is limited.
Mobile telephony is the usual way of telephone communication.
Personal contact with the potential partners is recommended.
Communication in the Albanian language is preferable, even though foreign languages are spoken (especially Italian & Greek).
Office for Economic and Commercial Affairs in Tirana
Embassy of Greece in TiranaOffice for Economic and Commercial Affairs
Thank you for your attention.
For further information, please contact our office.
