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Albania Practical Information Luxury Vacations, Hotels & Cruises |
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Government
Country name: conventional long form: Republic of Albania conventional short form: Albania local long form: Republika e Shqiperise local short form: Shqiperia former: People's Socialist Republic of Albania
Data code: AL
Government type: emerging democracy
Capital: Tirana
Independence: 28 November 1912 (from Ottoman Empire)
Legal system: has not accepted compulsory ICJ jurisdiction
Suffrage: 18 years of age; universal and compulsory
Diplomatic representation in the US: chief of mission: Ambassador Petrit BUSHATI chancery: 2100 S Street NW, Washington, DC 20008 telephone: [1] (202) 223-4942 FAX: [1] (202) 628-7342
Diplomatic representation from the US: chief of mission: Ambassador Joseph LIMPRECHT embassy: Rruga Elbasanit 103, Tirana mailing address: American Embassy, Tirana, Department of State, Washington, DC 20521-9510 telephone: [355] (42) 47285 through 47289 FAX: [355] (42) 32222
Economy
Economy - overview: An extremely poor country by European standards, Albania is making the difficult transition to a more open-market economy. The economy rebounded in 1993-95 after a severe depression accompanying the collapse of the previous centrally planned system in 1990 and 1991. However, a weakening of government resolve to maintain stabilization policies in the election year of 1996 contributed to renewal of inflationary pressures, spurred by the budget deficit which exceeded 12%. The collapse of financial pyramid schemes in early 1997 - which had attracted deposits from a substantial portion of Albania's population - triggered severe social unrest which led to more than 1,500 deaths, widespread destruction of property, and an 8% drop in GDP. The new government, installed in July 1997, has taken strong measures to restore public order and to revive economic activity and trade. The economy continues to be bolstered by remittances of some 20% of the labor force that works abroad, mostly in Greece and Italy. These remittances supplement GDP and help offset the large foreign trade deficit. Most agricultural land was privatized in 1992, substantially improving peasant incomes. In 1998, Albania recovered the 8% drop in GDP of 1997 and pushed ahead by 7% in 1999. International aid has helped defray the high costs of receiving and returning refugees from the Kosovo conflict.
Inflation rate (consumer prices): 0.5% (1999 est.)
Industries: food processing, textiles and clothing; lumber, oil, cement, chemicals, mining, basic metals, hydropower
Industrial production growth rate: 7% (1999 est.)
Agriculture - products: wheat, corn, potatoes, vegetables, fruits, sugar beets, grapes; meat, dairy products
Currency: 1 lek (L) = 100 qintars
Communications
Telephones - main lines in use: 42,000 (1995)
Telephones - mobile cellular: 3,100 (1999)
Telephone system: domestic: obsolete wire system; no longer provides a telephone for every village; in 1992, following the fall of the communist government, peasants cut the wire to about 1,000 villages and used it to build fences international: inadequate; international traffic carried by microwave radio relay from the Tirana exchange to Italy and Greece
Radio broadcast stations: AM 16, FM 3, shortwave 2 (1999)
Radios: 810,000 (1997)
Television broadcast stations: 13 (1999)
Televisions: 405,000 (1997)
Internet Service Providers (ISPs): 2 (1999)
Transportation
Railways: total: 670 km standard gauge: 670 km 1.435-m gauge (1996)
Highways: total: 18,000 km paved: 5,400 km unpaved: 12,600 km (1998 est.)
Waterways: 43 km plus Albanian sections of Lake Scutari, Lake Ohrid, and Lake Prespa (1990)
Pipelines: crude oil 145 km; petroleum products 55 km; natural gas 64 km (1991)
Ports and harbors: Durres, Sarande, Shengjin, Vlore
Merchant marine: total: 6 ships (1,000 GRT or over) totaling 10,907 GRT/16,101 DWT ships by type: cargo 6 (1999 est.)
Airports: 10 (1999 est.)
Airports - with paved runways: total: 3 2,438 to 3,047 m: 3 (1999 est.)
Airports - with unpaved runways: total: 7 over 3,047 m: 1 1,524 to 2,437 m: 1 914 to 1,523 m: 2 under 914 m: 3 (1999 est.)
Heliports: 1 (1999 est.) |
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