Albania 2005

Europe

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.

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.