The economy is … Half of Albania’s exports are destined for Italy. You can only download this statistic as a Premium user. Consumer spending nosedived and investment activity plummeted amid business closures and elevated uncertainty. The services surplus (8% of GDP) is expected to increase thanks to tourism and outward processing arrangements in the clothing sector. In 2017, the tourist industry directly supported 93,500 jobs, while this year WTTC projects this number to rise by 3.3%. Please create an employee account to be able to mark statistics as favorites. Big Mac index - global prices for a Big Mac 2020, Number of McDonald's restaurants worldwide 2005-2019, Average daily rate of hotels in the U.S. 2001-2019, Profit from additional features with an Employee Account. You only have access to basic statistics. Please create an employee account to be able to mark statistics as favorites. Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Search and explore the world’s largest statistical database to find data. Sofia bourse blue-chip index falls as Eurohold Bulgaria erases gains, Ljubljana stock index falls, Krka leads decliners, Croatia's INA absorbing local subsidiary Petrol, Romanian bourse indices end week in the green, Alro leads blue-chip gainers, Bulgaria's maintains EU's second lowest debt-to-GDP ratio in Q2 - Eurostat. Tourism in Albania has gained importance in recent years and now accounts for 8.5% of the country’s GDP. and over 1 Mio. They were placed on your computer when you launched this website. The statistic shows gross domestic product (GDP) in Albania from 1984 to 2018, with projections up until 2021. (April 21, 2020). The purpose of the arrivals and departures data for Albanian and foreign citizens, by the means of transport (sea, air, land and border points), is the measurement of some statistical indicators related to tourism. In 2018, Albania is expected to attract 4.85 million foreign tourists, while by 2028 the annual number of international arrivals is foreseen to reach 6.6 million. "International dollar" is a hypothetical currency that has a comparable purchase power parity to the U.S. dollar at any given time, i.e. "Albania: Gross Domestic Product (Gdp) in Current Prices from 1984 to 2021* (in Billion International Dollars). TIRANA, Albania (AP) — The European Bank for Reconstruction and Development and the European Union on Thursday gave 100 million euros ($117.5 million) to Albania to help its tourism industry recover and boost its competitiveness in the region. You need a Single Account for unlimited access. Education Index ranked 77 out of 181 countries. Albania’s Economic Reform Programme 2019-2021 4 2. "Tourism balance* over gross domestic product in Albania from 2007 to 2019." Outbound Travel & Tourism Expenditure. As a Premium user you get access to the detailed source references and background information about this statistic. Internal T&T Consumption. Investments in the tourist sector are projected to rise by 5.5% in 2018 from 32.2 billion leks in 2017. Foreign exchange reserves 2016 ranked 101 out of 188 countries. Albania Economic Outlook. Albania’s GDP is expected to contract by 8.4 percent by the end of 2020. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. You need at least a Single Account to use this feature. Click on the button below to get started. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Albania Economic Outlook. According to the report, jobs supported by tourism will total 111,000 in 2028. GDP growth averaged 4.3% in the first three quarters of 2018, up from 3.8% in 2017 and 3.4% in 2016. Statista. LinkedIn Are you interested in testing our corporate solutions? Online Store This feature is limited to our corporate solutions. Explore Albania holidays and discover the best time and places to visit. This statistic is not included in your account. Please contact us to get started with full access to dossiers, forecasts, studies and international data. You only have access to basic statistics. Get a sample report showing our regional, country and commodities data and analysis. The EBRD gave a soft loan of 60 million euros to co-finance tourism-related projects in infrastructure, such as roads, water and wastewater improvements and municipal infrastructure upgrades. Google+, © Copyright: 2020. The number of foreign tourists doubled between 2013 and 2019, to 6.4 million. IMF Global Growth Projections | Cautious Optimism Amidst COVID-19 Upsurge, Knoema Global Economic Outlook | Q2 2020 Explained, Knoema | Gold Standard 2.0 Readiness Index, Travel & Tourism Total Contribution to GDP, Contribution of travel and tourism to GDP, Contribution of travel and tourism to GDP (LCU), Real contribution of travel and tourism to GDP, Contribution of travel and tourism to GDP growth. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes.

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