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(1)

GDP per capita (€) and annual growth (%)

in Albania and the EU-28

Albania total unemployment and

female labour market participation

Public finances, monetary and financial data

Albania business environment and socio-economic indicators

Public debt (% of GDP)

Surplus/deficit (% of GDP)

GDP per capita

(left axis)

EU-28

Albania

GDP growth

(right axis)

Albania

EU-28

Total unemployment (left axis)

Female labour force participation (right axis)

FDI and remittances to

Albania and the EU-28

thousand

27.6

2.1%

3.7%

4.0

45%

47%

49%

51%

0%

5%

10%

15%

47.2%

15.0%

EU-28

Albania

110 120 130 140 150 0% 2% 3% 5% 6%

121

2.1%

Remittances received (% of GDP)

FDI net inflows (% of GDP)

EU-28

Albania

lek/euro exchange rate (right axis)

Inflation rate AL (%, left axis)

EU-28

(2017)

7.7%

51.0%

The Ease of Doing Business’s ‘distance to frontier’ score assesses the overall level of regulatory performance of a country. It ranges from 0=’lowest performance’ to 100=’the frontier’, the best performance observed worldwide each year.

The Human Development Index (HDI) measures the average achievement in key dimensions of human development. It is based on life expectancy at birth, average duration of education and GDP per capita. It ranges from 0 to 100. ‘High human development countries’ (UN) are in the range between 70 and 80.

The Corruption Perception Index measures the perceived levels of public–sector corruption worldwide. Scores range from 0 (highly corrupt) to 100 (very clean). In 2016, two thirds of countries scored below 50.

The GINI Index measures the deviation of the distribution of income among individuals or households within a country from a perfectly equal distribution. It is hence a measure of inequality in income distri-bution. A value of 0 represents absolute equality, a value of 100 absolute inequality.

Rank

91/180 75/188 65/190 16/142

Score

Ease of Doing Business

Human Development Index*

Corruption Perception Index

GINI Index*

Worst Best Best Worst 100 100 100 0 0 0 76.4 68.7 38.0 100 0 29.0

Albania: Economic indicators and trade with EU

EPRS | European Parliamentary Research Service EUI | European University Institute

Authors: Giulio Sabbati and Velina Lilyanova, Members’ Research Service

Caterina Francesca Guidi, Globalstat, EUI

PE 620.195 - April 2018

AT A GLANCE

(2)

EU exports of goods to Albania (2017)

EU imports of goods from Albania (2017)

EU trade with Albania

Main trade partners (2017)

Trade in goods (exports plus imports)

EU

US

Top EU partners (2017)

Trade in goods

EU exports to Albania

EU imports from Albania

Other

Footwear

Pharmaceutical

products

Raw hides and

leather

Plastic and rubber

Iron and steel

Clothing accessories

Cars and trucks

Oil, gas, coal

Agri-food

Mechanical

appliances

and electrical

equipment

15.3% 14.6% 12.2% 6.4% 6.0% 5.1% 4.2% 3.8% 25.6% 3.6% 3.2%

Other

Iron and steel

Mechanical

appliances and

electrical

equipment

Agri-food

Oil, gas, coal

Clothing

accessories

Footwear

24.4% 10.1% 9.6% 27.0% 5.0% 4.7% 19.2%

2 986

1 503

730

802

Imports

Exports

Imports

Exports

€ million

Others

Other

APEC

Members

Albania

Japan: 3.5%

Turkey: 4.1%

Russia: 6.2%

Switzerland

China

US

16.9%

15.3%

7.0%

15.6%

31.1%

EU

Albania: 0.1%

Others

Kosovo*:3.3%

Serbia:3.3%

Turkey

China

EU-28

66.2%

14.8

 

%

AL

5.9

 

%

6.5 %

EU Financial assistance to Albania under IPA II

(2014-2020 allocations)

Preferential loans to Albania

EIB finance contracts signed in 2010-2014;

EBRD activity in Albania to date.

223.5

97.0

92.0

69.0

68.0

56.0

44.0

Democracy and governance Rule of law and fundamental rights

Agriculture and rural development

Education, employment and social policies Environment and climate action Transport

Competitiveness and innovation

€649.5

million

IPA II: Instrument for Pre-accession Assistance

EIB

EBRD

109

1 003

0

200 400 600 800 1 000 1 200

EIB

EBRD

€ million

Energy Services Transport Transport: 94% Services: 4% € 109 million Energy: 2%

0

1 000

2 000

2 380

2 380

550

337

217

123

115

96

86

76

70

EU imports from

Albania

EU export to Albania

€ million

Notes

GlobalStat is a project developed by the European University Institute’s Global Governance Programme (Italy) and the Francisco Manuel dos Santos Foundation (Portugal). Data sources for page 1: GDP figures and inflation are from IMF WEO (October 2017) and Eurostat (2018); Labour market data are from World Bank WDI based on ILO KILM (2017); FDI and remittances data are estimates from World Bank staff based on IMF BoP data (2017); HDI and GINI are from UNDP HDR (2016) and are re-scaled (*) from 0 - 1 to 0 - 100 for better comparability - GINI is an average value computed on 2005-2013; CPI is from Transparency International (2017); Doing Business data are from the World Bank Group - Doing Business Unit (2017).

Data sources for page 2: EU trade with Albania, Main trade partners (EU), Top EU partners (goods), EU exports of goods to Albania (%) and EU imports of goods from Albania (%) are from ComExt, Eurostat; Other APEC members = Australia, Brunei Darussalam, Canada, Chile, Hong Kong, Indonesia, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Singapore, South Korea, Thailand and Vietnam; Trade in services are from Eurostat; Main trade partners (Albania) are from IMF; EU Financial assistance to Albania under IPA II (2014-2020 allocations) are from European Commission; Preferential loans to Albania are from EIB (European Investment Bank) and from European Bank for Reconstruction and Development (EBRD).

* This designation is without prejudice to positions on status, and is in line with UN Security Council Resolution 1244 and the ICJ opinion on the Kosovo declaration of independence. The authors acknowledge the assistance of Nadejda Kresnichka-Nikolchova in preparing graphics, and Enrico Di Gaspero in collecting data for this publication. This document is prepared for, and addressed to, the Members and staff of the European Parliament as background material to assist them in their parliamentary work. The content of the document is the sole responsibility of its author(s) and any opinions expressed herein should not be taken to represent an official position of the Parliament. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. © European Union & GlobalStat, 2018.

eprs@ep.europa.eu (mail) http://www.eprs.ep.parl.union.eu (intranet) http://www.europarl.europa.eu/thinktank (internet) http://epthinktank.eu (blog)

globalstat@eui.eu(mail) http://www.globalstat.eu (internet)

Albania: Economic indicators and trade with EU

EPRS & GlobalStat

Goods (2007-2017)

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