Compare Albania (2007) - Albania (2008)

Compare Albania (2007) z Albania (2008)

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	Albania (2007)	Albania (2008)

Background	Between 1990 and 1992 Albania ended 46 years of xenophobic Communist rule and established a multiparty democracy. The transition has proven challenging as successive governments have tried to deal with high unemployment, widespread corruption, a dilapidated physical infrastructure, powerful organized crime networks, and combative political opponents. Albania has made progress in its democratic development since first holding multiparty elections in 1991, but deficiencies remain. International observers judged elections to be largely free and fair since the restoration of political stability following the collapse of pyramid schemes in 1997. In the 2005 general elections, the Democratic Party and its allies won a decisive victory on pledges of reducing crime and corruption, promoting economic growth, and decreasing the size of government. The election, and particularly the orderly transition of power, was considered an important step forward. Although Albania's economy continues to grow, the country is still one of the poorest in Europe, hampered by a large informal economy and an inadequate energy and transportation infrastructure. Albania has played a largely helpful role in managing inter-ethnic tensions in southeastern Europe, and is continuing to work toward joining NATO and the EU. Albania, with troops in Iraq and Afghanistan, has been a strong supporter of the global war on terrorism.	Albania declared its independence from the Ottoman Empire in 1912, but was conquered by Italy in 1939. Communist partizans took over the country in 1944. Albania allied itself first with the USSR (until 1960), and then with China (to 1978). In the early 1990s, Albania ended 46 years of xenophobic Communist rule and established a multiparty democracy. The transition has proven challenging as successive governments have tried to deal with high unemployment, widespread corruption, a dilapidated physical infrastructure, powerful organized crime networks, and combative political opponents. Albania has made progress in its democratic development since first holding multiparty elections in 1991, but deficiencies remain. International observers judged elections to be largely free and fair since the restoration of political stability following the collapse of pyramid schemes in 1997. In the 2005 general elections, the Democratic Party and its allies won a decisive victory on pledges of reducing crime and corruption, promoting economic growth, and decreasing the size of government. The election, and particularly the orderly transition of power, was considered an important step forward. Although Albania's economy continues to grow, the country is still one of the poorest in Europe, hampered by a large informal economy and an inadequate energy and transportation infrastructure. Albania has played a largely helpful role in managing inter-ethnic tensions in southeastern Europe, and is continuing to work toward joining NATO and the EU. Albania, with troops in Iraq and Afghanistan, has been a strong supporter of the global war on terrorism.
Budget	revenues: $2.608 billion expenditures: $3.1 billion (2007 est.)	revenues: $2.752 billion expenditures: $3.129 billion (2007 est.)
Economy - overview	Lagging behind its Balkan neighbors, Albania is making the difficult transition to a more modern open-market economy. The government has taken measures to curb violent crime and reduce the large gray economy. The economy is bolstered by annual remittances from abroad of $600-$800 million, mostly from Albanians residing in Greece and Italy; this helps offset the towering trade deficit. Agriculture, which accounts for about one-quarter of GDP, is held back because of lack of modern equipment, unclear property rights, and the prevalence of small, inefficient plots of land. Energy shortages and antiquated and inadequate infrastructure contribute to Albania's poor business environment, which make it difficult to attract and sustain foreign investment. The planned construction of a new thermal power plant near Vlore and improved transmission and distribution facilities eventually will help relieve the energy shortages. Also, the government is moving slowly to improve the poor national road and rail network, a long-standing barrier to sustained economic growth. On the positive side, growth was strong in 2003-06 and inflation is low and stable.	Lagging behind its Balkan neighbors, Albania is making the difficult transition to a more modern open-market economy. The government has taken measures to curb violent crime, and recently adopted a fiscal reform package aimed at reducing the large gray economy and attracting foreign investment. The economy is bolstered by annual remittances from abroad of $600-$800 million, mostly from Albanians residing in Greece and Italy; this helps offset the towering trade deficit. Agriculture, which accounts for more than one-fifth of GDP, is held back because of lack of modern equipment, unclear property rights, and the prevalence of small, inefficient plots of land. Energy shortages and antiquated and inadequate infrastructure contribute to Albania's poor business environment, which make it difficult to attract and sustain foreign investment. The completion of a new thermal power plant near Vlore and improved transmission line between Albania and Montenegro will help relieve the energy shortages. Also, the government is moving slowly to improve the poor national road and rail network, a long-standing barrier to sustained economic growth. On the positive side, macroeconomic growth was strong in 2003-07 and inflation is low and stable.
Exchange rates	leke per US dollar - 98.384 (2006), 102.649 (2005), 102.78 (2004), 121.863 (2003), 140.155 (2002)	leke per US dollar - 92.668 (2007), 98.384 (2006), 102.649 (2005), 102.78 (2004), 121.863 (2003)
GDP - composition by sector	agriculture: 22.3% industry: 20.9% services: 56.9% (2006 est.)	agriculture: 21.7% industry: 20.3% services: 58% (2007 est.)
GDP - real growth rate	5% (2006 est.)	5% (2007 est.)
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA% (2004)	lowest 10%: 3.4% highest 10%: 24.4% (2004)
Imports - partners	Italy 32.1%, Greece 17.7%, Turkey 8.1%, Germany 5.7% (2006)	Italy 32%, Greece 17.7%, Turkey 8.1%, Germany 5.7% (2006)
Industrial production growth rate	3.4% (2005 est.)	2% (2007 est.)
Inflation rate (consumer prices)	2.4% (2006 est.)	3% (2007 est.)
Pipelines	gas 339 km; oil 207 km (2006)	gas 339 km; oil 207 km (2007)
Political parties and leaders	Agrarian Environmentalist Party or PAA [Lufter XHUVELI]; Christian Democratic Party or PDK [Nard NDOKA]; Communist Party of Albania or PKSH [Hysni MILLOSHI]; Democratic Alliance Party or AD [Neritan CEKA]; Democratic Party or PD [Sali BERISHA]; Legality Movement Party or PLL [Ekrem SPAHIU]; Liberal Union Party or BLD [Arjan STAROVA]; National Front Party (Balli Kombetar) or PBK [Adriatik ALIMADHI]; New Democratic Party or PDR [Genc POLLO]; Party of National Unity or PUK [Idajet BEQIRI]; Renewed Democratic Party or PDRN [Dashamir SHEHI]; Republican Party or PR [Fatmir MEDIU]; Social Democracy Party of Albania or PDSSh [Paskal MILO]; Social Democratic Party or PSD [Skender GJINUSHI]; Socialist Movement for Integration or LSI [Ilir META]; Socialist Party or PS [Edi RAMA]; Union for Human Rights Party or PBDNj [Vangjel DULE]	Agrarian Environmentalist Party or PAA [Lufter XHUVELI]; Christian Democratic Party or PDK [Nard NDOKA]; Communist Party of Albania or PKSH [Hysni MILLOSHI]; Democratic Alliance Party or AD [Neritan CEKA]; Democratic Party or PD [Sali BERISHA]; Legality Movement Party or PLL [Ekrem SPAHIA]; Liberal Union Party or BLD [Arjan STAROVA]; Movement for National Development or LZhK [Dashamir SHEHI]; National Front Party (Balli Kombetar) or PBK [Adriatik ALIMADHI]; New Democratic Party or PDR [Genc POLLO]; Party of National Unity or PUK [Idajet BEQIRI]; Republican Party or PR [Fatmir MEDIU]; Social Democracy Party of Albania or PDSSh [Paskal MILO]; Social Democratic Party or PSD [Skender GJINUSHI]; Socialist Movement for Integration or LSI [Ilir META]; Socialist Party or PS [Edi RAMA]; Union for Human Rights Party or PBDNj [Vangjel DULE]
Political pressure groups and leaders	Citizens Advocacy Office [Kreshnik SPAHIU]; Confederation of Trade Unions of Albania or KSSH [Kastriot MUCO]; Front for Albanian National Unification or FBKSH [Gafur ADILI]; Mjaft Movement [Erion VELIAJ]; Omonia [Jani JANI]; Union of Independent Trade Unions of Albania or BSPSH [Gezim KALAJA]	Citizens Advocacy Office [Kreshnik SPAHIU]; Confederation of Trade Unions of Albania or KSSH [Kastriot MUCO]; Front for Albanian National Unification or FBKSH [Gafur ADILI]; Mjaft Movement; Omonia [Jani JANI]; Union of Independent Trade Unions of Albania or BSPSH [Gezim KALAJA]
Unemployment rate	13.8% official rate, but may exceed 30% due to preponderance of near-subsistence farming (2006 est.)	13% official rate, but may exceed 30% due to preponderance of near-subsistence farming (2007 est.)

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