Yearbook 2005
Albania. After eight years in opposition, the Democratic Party PDS returned to office. According to countryaah, Tirana is the capital and one of the major cities within the country of Albania. The parliamentary elections were held July 3, but accusations of irregularities forced re-election in several constituencies; only after almost two months could the final result be determined. Once the Socialist leader Fatos Nano has admitted defeat, former President Sali Berisha was commissioned to form a new government. It became a center-right coalition with PDS and six other parties that together controlled 80 of the 140 seats in Parliament.
- Also see abbreviationfinder.org for how the acronym AL stands for the country of Albania and other meanings of this two-letter abbreviation.
Economy
Inflation rate | 2.00% |
Unemployment rate | 13.8% |
Gross domestic product (GDP) | $ 36,010,000,000 |
GDP growth rate | 3.80% |
GDP per capita | $ 12,500 |
GDP by sector | |
Agriculture | 21.70% |
Industry | 24.20% |
Service | 54.10% |
State budget | |
Revenue | 2.608 billion |
Expenditure | 3.1 billion |
Proportion of the population below the national poverty line | 14.3% |
Distribution of household income | |
Top 10% | 29 |
Lower 10% | 3.5 |
Industrial production growth rate | 2.90% |
Investment volume | 29% of GDP |
National debt | 71.80% of GDP |
Foreign exchange reserves | 3,274,000,000 USD |
Tourism | 2014 |
Number of visitors | 3,341,000 |
Revenue | $ 1,849,000,000 |
It was seen as a progress that no violence or even loud street protests occurred in connection with the election, although international observers pointed to flaws in the organization. In November, the European Commission noted in a report that the political situation in Albania had improved and that democratic institutions, the judiciary and public administration had been strengthened. The conclusion was that Albania could sign a Stabilization and Association Agreement with the EU as early as 2006.