Background of Albania Albania is located in Europe, in the western part of the Balkan Peninsula and covers an area of about 28,748 square km, with a population close to 2,831,741 inhabitants. Albania is neighbored by Montenegro-northwest, Kosovo-northeast, Macedonia-east, Greece-south and southeast, Italy-72 km (50 miles) across the Adriatic. Seas: Adriatic and Ionian-west and southwest. Capital city: Tirana (nearly 800,000 residents). 3 Measures: Metric system. Currency: LEKË. Climate: Albania has a Mediterranean climate, with warm, dry summers and mild, wet winters. Weather in Tirana: The hottest month is August, up to 40 C; the coldest month is January, with temperatures as low as -2 C. Rainfall is abundant in Albania, but it occurs unevenly throughout the year. 3
Basic Statistics of Albania Area Population 2,831,741 28,748 km 2 Land: 27, 398 km 2 Water: 1,350 km 2 Kep i Rodonit Bishti i Pallës Labor Force 1 1,071,948 (First trimester 2011) Capital Tirana Language Albanian Currency Albanian Lek (ALL) Kep i Gjuhëzës Koplik L. Shkodër Gjri i Drinit Durrës Lezhë Krujë Durrës Krujë Kavajë Kavajë Lushnje Lushnje Fier Vlorë Malesia e Madhe Shkodër Shkodër Lezhë Laç Fier Balish Vlorë Kuçovë Mallakastër Burrel Tiranë Tirana Elbasan Peqin Peqin Elbasan Gramsh Berat Berat Tepelenë Tropojë Pukë Pukë Bajram Curri Mirditë Rrëshen Matt Tepelenë Liq i Fierzës 2416 m Has Dibër Krumë Bulqizë Bulqizë Librazhd Kukës Peshkopi Librazhd Pogradec Gramsh Pogradec Çorovodë Skrapar Kukës L. Orhid Korçë 2383 m Korçë Ersekë Kolonjë Përmet Përmet L. Prespa Shkumbin Devoll Bilisht Devoll Vijosë Gjirokastër Delvinë Glirokastër Sarande Delvinë Sarande 1 Labour force defined as people in work plus registered unemployed (Albania in Figures 2010 INSTAT. www.instat.gov.al)
1. KEY ECONOMIC INDICATORS 1.1 Gross National Product...1 1.2 Balance of Payments...1 1.3 Trade...2 1.4 Price Indices... 2 1.5 Federal government accounts... 2 1.6 Exchange Rates... 3 1.7 Money and Banking...3 2. AREA, POPULATION AND LABOUR FORCE 2.1 Population...6 2.2 Population Age Structure...6 2.3 Labour Force...6 2.6 Employment...7 3. GROSS DOMESTIC PRODUCT 3.1 Gross Domestic Product by economic activities...8 3.2 Gross domestic product by production approach...9 3.3 Gross domestic product by economic activities...10 3.4 Gross domestic product by expenditure approach...12 4. PUBLIC SECTOR ACCOUNTS 4.1 Revenues regarding consolidated budget...13 4.1.1 Expenditure...14 5. BALANCE OF PAYMENTS 5.1 Goods (net)...15 5.2 Services Account (net)...15 5.3 Current Transfers...16 5.5 Current Account Balance (net)...16 5.6 Capital & Financial Account Balance (net)...16 5.7 Overall Balance...16 6. EXTERNAL SECTOR 6.1 Export by group of goods...17 6.2 Imports by group of goods...... 19 6.3 Direction of Exports...21 6.4 Sources of Imports...23 7. ENERGY AND INFRASTRUCTURE 7.1 Electricity...26 7.2 Roads by Surface Type...27 7.3 Railway Statistics...27 7.4 Air Traffic Statistics...28 7.5 Port Statistics...28 8. QUALITY OF LIFE 8.1 Indices of Albania... 29 8.2 Selected Social Indicators...30 8.3 Tourist Arrivals by Region...31 9. INTERNATIONAL COMPARISON 9.1 Real Gross Domestic Product...32 9.2 Consumer Price Index...33 9.3 Structure of Output...34 9.4 Population, Urbanization and Population Density...36 9.5 Structure of Employment...37 9.5 Saving and Investment...38 9.6 Science and Technology...39
2. Key Economic Indicators 2007 2008 2009 2010 2011 / III Population thousand 3.153 3.17 3.194 3.195 2831741 Labour force thousand 1382 1292 1043 1059 1072 Employment thousand 1198 1123 899 916 930 Unemployment thousand 185 169 143 143 142 Unemployment Rate % 13.5 13 13.8 13.5 NATIONAL PRODUCT 2007 2008 2009 2010 2011 / III Real GDP billion ALL 967.7 1.089.3 1,151,0 1.242.418 growth rate % 5.9 7.5 3.3 3.9 Real GNI million ALL 635326 714924 673748 685735 GDP current price million ALL 967670 1089293 1151020 1242417.958 1321.623 GNI current price million ALL 994533.6602 1096035.01 1137727.936 1233888.696 Income per capita, current US $ 3310 3820 3960 3960 BALANCE OF PAYMENTS 2007 2008 2009 2010 2011 / III Current account million EUR -471-824.2-1281.4-1040.5 1
TRADE 2007 2008 2009 2010 2011 / III Merchandise exports million ALL 97171 112572 103243.6835 160962 197427 Merchandise imports million ALL 376194 439893.901 431107.139 458429 542391 PRICES 2007 2008 2009 2010 2011 / III Consumer Price Index (CPI) % 2007 =100 101.11 103.42 107.11 110.3 Producer Price Index (PPI) % 2005 =100 108.8 109.2 109.5 112.2 FEDERAL GOVERNMENT ACCOUNTS 2007 2008 2009 2010 2011 / III Grants In millions ALL 1.28 4228 4430 4605 2475 Tax In millions ALL 228.164 264421 270830 228564 272395 Non Tax In millions ALL 22.112 22588 24388 31552 20685 TOTAL Expenditure In millions ALL, 285.674 351492 379602 362752 333548 Current In millions ALL 286.674 250298 283637 300878 275024 Capital In millions ALL 224.976 93783 95881 67492 58524 Other In millions ALL 3.658 7410 85-5618 n.a Overall balance In millions ALL 166.2 190,3 (-) 29.2 178,8 2011-III -22,4 2
EXCHANGE RATES 2007 2008 2009 2010 2011 / III ALL / EUR 123.6 122.8 132.1 137.79 140.97 ALL / USD 90.4 83.9 95 103.94 103.82 ALL / GBP 180.83 154.37 148.29 160.53 164.24 ALL / CHF 75.31 77.5 87.5 99.87 114.49 ALL/ JPY, per 100 76.77 81.68 101.6 118.66 134.03 ALL / CAD 84.29 78.82 83.42 100.94 101.25 MONEY & BANKING bilion ALL 2007 2008 2009 2010 2011 / III Money supply M1 242675.5 282862.3 284505.5 275427.3 n.a M2 506137.2 555004.7 578181.5 604517.3 n.a M3 757609.5 815704.6 871469.5 980283.9 n.a Commercial Banks 2007 2008 2009 2010 Nov 2011 Total deposits 602700 619877.3 662425.7 785225 869876.3 Total Credit million ALL 293.9 396264.3 440397.4 483129.7 533057.8 Lost Loans % 0,8 1.2 2.87 3.98 4.15 Total Number of Banks 17 16 16 16 16 3
Interest rates on new Loans by currency breakdown % 2007 2008 2009 2010 2011 / III 6 months - 1 year 3-5 years ALL USD EUR ALL USD EUR Bank of Albania key interest rates % 2007 2008 2009 2010 Nov. 2011 Overnight deposit Weekly repurchase agreement Overnight Credit Lombard Credit 3-month Treasury Bills* Date Level Date Level Date Level Date Level 13.55 8.46 8.88 14.64 8.81 9.23 Nov-07 4.50 Nov-07 6.28 Nov-07 8 Nov-07 12.25 11.11 6.98 6.72 13.35 7.29 6.83 Dec-08 4.50 Dec-08 6.25 Dec-08 7 Dec-08 12.25 12.04 6.37 8.31 16.20 8.68 8.15 Oct-09 3.50 Oct-09 5.25 Oct-09 6 Oct-09 11.25 11.52 6.66 6.18 13.56 9.16 7.38 Jul-10 3.25 Jul-10 5 Jul-10 5.75 Jul-10 11 11.94 6.51 6.84 14.57 6.68 7.73 % 6.32 6.27 6.3 5.29 n.a Sep-11 3.25 Sep-11 5 Sep-11 6.75 Sep-11 11 Source: Bank of Albania, Instat, World Bank 4
8% 7% 6% 5% 4% 3% 2% 1% 0% 8% 6% 4.1% 4.4% 3% 3.7% 4% 3.1% 3.4 % 2.2% 1.7% 0.4% 0.3% 0 0.2% 2007 2008 2009 2010 2011 Real GDP Consumer Pri ce Index (CPI) Produce r Price Index (PPI) 20 00 15 50 10 00 50 0 2007 2008 2009 2010 Nov-11 EUR USD GBP CH HF JPY CAD 5
Population and labour force Population Unit 2007 2008 2009 2010 2011 thousand 3,161,337 2,116,772 3,194,417 2,994,667 2,831,741 Population age Structure 2007 2008 2009 2010 2011 0-14 775,403 761,743 747,436 641,033 15-64 2,102,268 1,061,262 2,146,613 2,040,138 65 & above 283,666 293,767 300,368 313,496 Labour Force thousand 1382 1292 1043 1059 1072 Labour Force Participation rate Total % 66% 61% 49% 49% Male % 60% 61% 59% 59% Female % 40% 39% 41% 41% Unemployement % 14% 13% 14% 14% Source Instat 1 Data of 2011, is yet to be made public from the 2011 Census. Only total population has been made available 6
Employement Employement Total thousand 939 974 899 917 Agriculture thousand 542 568 496 507 Production Industry thousand 6 5 5 6 Refinery Industry thousand 54 56 53 53 Energy, water industry thousand 13 25 26 26 Construction thousand 52 46 40 39 Commercial thousand 57 53 58 58 Hotels, restaurants thousand 16 12 12 13 Tansport, Communication thousand 24 26 23 24 Education thousand 46 37 40 42 Health thousand 24 28 26 27 Other thousand 105 118 120 122 Source Instat 7
Gross Domestic Product Annual real growth of Gross Domestic Product by economic activities (2007 2011, compared with prices of previous year) 2007 2008 2009* 2010** 2011 Agriculture, hunting and forestry 2.7 7.1 2.0 7.4 Industry -9.7 8.7 7.2 18.0 Construction 12.2 10.9 0.4-18.4 Services 8.8 6.6 4.5 5.6 FISIM 23.2 4.7 8.3 1.1 GROSS VALUE ADDED AT BASIC PRICES 5.4 7.6 3.5 3.9 Taxes on products 8.7 6.2 2.0 4.3 Subsidies on products (-) -11.2-26.6-25.2-5.6 GDP AT MARKET PRICES 5.9 7.5 3.3 3.9 Source: Bank of Albania, Instat, Ministry of Finance *Semi final data ** Preliminary data 8
Gross domestic product by production approach (2007 2011, at current prices) Year 2007 2008 2009* 2010** 2011 Output 1 1,739,537 2,001,152 2,143,531 2,294,878 Intermediate Consumption 2 866,895 1,027,325 1,112,075 1,180,287 Gross Value Added (3=1-2) 872,641 973,827 1,031,456 1,114,591 1,800,199 FISIM 4 38,681 40,902 43,344 46,915 48,910 Net taxes on products 5 136,789 158,712 164,717 176,520 182,464 Subsidies on products 6 3,079 2,344 1,810 1,778 1,647 GDP at market prices 7=(3-4+5-6) 967,670 1,089,293 1,151,020 1,242,418 1,312,106 Source: Bank of Albania, Instat, Ministry of Finance *Semi final data ** Preliminary data 9
Gross domestic product by economic activities (2007 2010, at current prices) Year 2007 2008 2009* 2010** 2011 Agriculture, hunting and forestry 1 154,648 165,748 182,118 193,730 226,287 233,641 Industry Total 2=3+4 88,207 81,693 95,229 102,589 126,216 130,782 - Extracting 3 5,894 8,005 11,223 9,729 14,662 22,436 - Manufacturing 4 82,313 73,687 84,006 92,860 111,555 108,345 Construction 5 113,724 129,585 145,451 146,015 119,573 127,602 10
Services Total 6=7+8+9+10 438,606 495,615 551,029 589,123 642,515 688,174 Trade, Hotels and Restorants 7 166,125 185,037 205,498 215,505 232,499 256,970 Transport 8 43,350 47,325 53,117 56,236 69,784 86,730 Post and communication 9 31,614 37,208 40,695 41,217 38,101 38,005 Other Services 10 197,517 226,044 251,719 276,165 302,132 306,468 FISIM 11 30,446 38,681 40,902 43,344 46,915 48,910 GROSS VALUE ADDED AT BASIC PRICES 12=1+2+5+6-11 764,739 833,960 932,925 988,113 1,067,676 1,131,288 Taxes on products 13 121,188 136,789 158,712 164,717 176,520 182,464 Subsidies on products (-) 14 3,718 3,079 2,344 1,810 1,778 1,647 GDP AT MARKET PRICES 15=12+13-14 882,209 967,670 1,089,293 1,151,020 1,242,418 1,312,106 Source: Bank of Albania, Instat, Ministry of Finance *Semi final data ** Preliminary data 11
Gross domestic product by expenditure approach (2005 2011, current prices in milion Leks) Description 2005 2006 2007 2008* 2009 2010 2011 Expenditure Aproach Final Consumption (a+b+c) 724,171 771,105 874,937 974,504 n.a n.a n.a Final Consumption of the Households 634,471 680,323 775,081 861,890 n.a n.a n.a Final Consumption of General Government 88,508 89,411 98,352 110,922 121,730 127,595 n.a Consumption of NPISHs 1,192 1,371 1,504 1,693 1,790 1,892 n.a Gross Fixed Capital Formation 301,354 343,882 374,058 446,002 491,990 401,818 n.a Domestic Absorption (1+2) 1,025,525 1,114,987 1,248,995 1,389,625 n.a n.a n.a Net export (a-b) -200,824-208,067-258,520-290,065-281,280-261,970-295,696 Exports of goods and services (f.o.b) 185,970 219,974 272,164 319,931 333,133 396,027 442,491 Imports of goods and services (f.o.b) 386,794 428,040 530,683 609,997 614,413 657,997 738,187 Change in inventories & statistical discrepancy -9,904-24,712-22,805-10,266 n.a n.a n.a GROSS DOMESTIC PRODUCT (3+4+5) 814,797 882,209 967,670 1,089,293 1,151,020 1,242,418 1,312,106 Source:, Instat, *Semi final data ** Preliminary data 12
PUBLIC SECTOR ACCOUNTS Revenues regarding consolidated budget 2007-2011 Unit 2007 2008 2009 2010 2011 Total Revenue Mil leks 251,555 291,238 299,597 324,721 330,475 % GDP 26,0 26,8 26,2 24,7 25,2 I Grants 1,280 4,228 4,430 4,605 3,811 II Tax Revenue Mil leks 228,164 264,421 270,830 288,564 303,933 % GDP 23,6 24,3 23,7 22,0 23,2 1 From Tax office and customs 176,808 205,292 208,870 223,019 253,509 % GDP 18,3 18,9 18,3 17,0 17,9 2 Revenues from Local Government 9,366 11,307 12,148 11,898 11,792 3 Revenues from Indipendent budget (Contributions) 41,989 47,822 49,812 53,647 56,632 III Nontax Revenue 22,112 22,588 24,338 31,552 22,731 Total Expenditure mil leks 285,674 351,492 379,602 362,752 376,352 % GDP 29,5 32,3 33,2 27,6 28,7 *2011 /Data for 2011 is as at November 2011 Source: Ministry of Finance / INSTAT/ Bank of Albania 13
I Current Expenditure mil leks 224,976 250,298 283,637 300,878 275,024 % GDP 23,2 23,0 24,8 24,6 n.a 1 Personnel Expenditure 59,087 66,621 62,359 65,762 60,776 2 Interest 25,594 31,307 36,301 41,604 37,348 3 Operational and Maintenance 25,259 28,788 31,797 34,318 29,133 4 Subsidies 3,536 2,555 2,004 3,535 3,181 5 Social Insurance Outlays 69,892 76,199 96,725 106,207 102,414 6 Local Budget 21,340 27,079 33,583 30,764 25,134 7 Other Expenditure 14,768 17,750 19,129 18,688 17,049 II Capital Expenditure mil leks 57,040 93,783 95,881 67,492 58,524 % GDP 5,9 8,6 8,4 5,5 n.a III Other 3,658 5,020 85 (5,618) n.a OVERALL DEFICIT mil leks (34,119) (60,254) (80,101) -38,031-37,993 %GDP 3,5 5,5 7,0 3,1 n.a Domestic Financing mil leks 28,829 24,417 69,824 27,819 21,981 %GDP 3,0 2,2 6,1 2,3 n.a Foreign Financing mil leks 5,289 35,837 10,182 10,212 16,012 % GDP 0,5 3,3 0,9 0,8 n.a *2011 /Data for 2011 is as at November 2011 Source: Ministry of Finance / INSTAT/ BOA 14
Balance of payments 2007 2008 2009 2010 2011 (e) Goods (net) EUR million -2,104-2,431.50-2,303.70-595.9 n.a Exports EUR million 786.3 917.5 750.7 1,171.50 700.2 Imports EUR million 2,890.40 3,570.20 3,248.80 3,474.10 2,019.20 Services (net) EUR million Services (net) \ million ALL EUR million 495,614.90 551,322.80 589,638.00 n.a n.a Source: Ministry of Finance 15
2007 2008 2009 2010 / III 2011 (e) EUR % of EUR % of EUR % of EUR % of ALL % of million GNI million GNI million GNI million GNI million GNI Current Transfers Private Official Private Official Private Official Private Official Private Official 982.8 60.1 905.4 31.4 910.8 27.1 178.6 12 n.a n.a Current Account Balance (net) -824.2-1370.5-1345.5-209.6 n.a n.a Capital & Financial Account Balance Capital Account 78.2 84.9 85.5 57.1 Financial Account 1512.1 928.7 816.7 538.8 Direct investment 609.8 668.2 822.6 430.2 Portfolio investment -32.6 21.5 225.8 Other investment / Other Capital, net* 940.2 246.5-222.4 Overall balance Overall balance 166.2 190.3-29.2 178.8 Central Bank Reserve assets n.a -190.3 29.2-178.8 Source: Source: Ministry of Finance *without fund credit and loans 16
External Sector Export by group of goods mln leks 2006 2007 2008 2009 2010 2011 Total 77,405 97,171 112,572 103,244 160,962 197,427 Consumables 6,143 7,079 7,215 7,498 9,318 11,134 Energy 5,809 14,987 20,339 20,648 44,858 58,853 Chemical and plastic 563 786 1,177 1,644 1,695 2,814 Leather and Leather manufacturing 1,486 2,022 1,738 1,529 2,567 2,925 Wood manufacturing 2,504 3,031 3,619 3,431 4,796 4,557 Textile and footwear 42,419 47,069 48, 813 48,345 55,623 64,006 Contruction 13,203 15,386 22,492 12,914 31,881 41,790 Machineries 2,979 3,925 4,578 4,894 6,766 7,923 Others 2,300 2,889 2,600 2,341 3,457 3,426 17
Diversification of exports by group of goods 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 2006 2007 2008 2009 2010 2011 Consumables Energy Chemical and plastical Leather and manufactures Wood manufactores Tekstile and footwear Contrustion Machineries Others 18
Import by group of goods mln leks 2006 2007 2008 2009 2010 2011 Total 299,147 376,194 439,894 431,107 458,429 542,391 Consumables 53,464 60,895 73,160 74,692 80,449 91,419 Energy 41,472 62,932 78,705 61,990 72,673 102,129 Chemical and plastic 33,086 39,526 45,465 50,971 54,855 60,009 Leather and Leather manufacturing 6,528 7,825 6,924 6,914 8,302 9,409 Wood manufacturing 10,887 13,323 15,016 17,446 19,847 20,431 Textile and footwear 35,111 39,310 39,582 39,557 43,688 50,443 Contruction 47,836 59,560 67,827 66,693 73,499 81,781 Machineries 60,369 78,773 97,059 98,381 88,383 109,946 Others 10,393 14,049 16,156 14,463 16,734 17,823 Source: Bank of Albania, Instat 19
Import by group of goods 120,000 100,000 80,000 60,000 40,000 20,000 0 2006 2007 2008 2009 2010 2011 Consumables Energy Chemical and plastical Leather and manufactures Wood manufactores Tekstile and footwear Contrustion Machineries Others 20
Values of Exports by country of destination Countries 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 mln Leks % mln Leks % mln Leks % mln Leks % mln Leks % Italy 66,147 68.1 69,585 61.8 64,791 62.8 82,090 51 104,974 53.2 China 2,494 2.6 3,122 2.8 4,913 4.8 8,875 5.5 4,930 2.5 Greece 8,091 8.3 9,908 8.8 7,614 7.4 8,773 5.5 10,162 5.1 Spain 185 0.2 174 0.2 1,287 1.2 5,589 3.5 7,000 3.5 Germany 2,373 2.4 3,016 2.7 3,492 3.4 4,436 2.8 5,736 2.9 Kosovo 4,647 4.8 7,262 6.5 7,137 6.9 10,008 6.2 14,659 7.4 Swicerland 75 0.1 399 0.4 1,210 1.2 6,692 4.2 5,279 2.7 Austria 217 0.2 762 0.7 891 0.9 1,664 1 2,342 1.2 Total 97,171 100 112,572 100 103,212 100 160,954 100 197,459 100 Source: Bank of Albania, Instat 21
Values of Exports by country of destination 120000 100000 80000 60000 40000 20000 0 2007 2008 2009 2010 2011 Italy China Greece Spain Germany Kosovo Swicerland Austria 22
Volume of Import by country of origin Countries 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 Ton % Ton % Ton % Ton % Ton % Greece 1,234,421 26.1 1,262,982 27.1 1,652,422 31.2 1,002,406 21.4 676,231 15.2 Italy 945,852 20 1,043,458 22.4 1,099,645 20.8 1,149,507 24.6 1,246,760 28 Russian Federation 481,041 10.2 403,376 8.7 411,139 7.8 333,063 7.1 270,520 6.1 Turkey 375,019 7.9 209,406 4.5 230,154 4.3 198,354 4.2 198,994 4.5 Spain 121,654 2.6 138,468 3 115,557 2.2 117,006 2.5 120,091 2.7 China 140,363 3 156,480 3.4 118,916 2.2 108,180 2.3 126,331 2.8 Croatia 45,696 1 32,227 0.7 65,318 1.2 226,450 4.8 172,458 3.9 Macedonia 184,088 3.9 221,927 4.8 189,167 3.6 140,324 3 151,666 3.4 France 9,947 0.2 19,080 0.4 8,490 0.2 50,411 1.1 113,863 2.6 Ukraine 259,549 5.5 134,653 2.9 181,561 3.4 64,225 1.4 129,945 2.9 Bulgarian 60,018 1.3 84,163 1.8 70,314 1.3 77,645 1.7 64,957 1.5 Other 868,234 18.4 954,921 20.5 1,155,586 21.8 1,206,506 25.8 1,183,038 26.6 Total 4,665,864 100 4,661,141 100 5,298,269 100 4,674,077 100 4,454,854 100 Source: Bank of Albania, Instat 23
Volume of Import by country of origin 1800000 1600000 1400000 1200000 1000000 800000 600000 400000 200000 0 2007 2008 2009 2010 2011 Greece Italy Russian Federation Turkey Spain China Croatia Macedonia France Ukraine Bulgarian 24
Flow of goods in foreign trade 600,000 400,000 200,000 0-200,000 2007 2008 2009 2010 2011-400,000 Export Import Trade balance Export Import Trade balance 2007 97,171 376,194-279,023 25.8 2008 112,572 439,894-327,322 25.6 2009 103,244 431,107-327,863 23.9 2010 160,962 458,429-297,467 35.1 2011 197,470 520,659-323,189 37.9 Percentage of cover 25
Energy and Infrastructure 10.2 Electricity 2007 2008 2009 2010 06\2011 Produced ( GWh ) 2933 3770 5201 7702 Imported (GWh) 2828 2417 1884 1911 import-export Balance ( GWh) -2827.4-2465.2-1428.1 731.8 Losses ( % ) 36.4 34 35.3 32 27.92* Source: Regulatory Entity for Energy 26
Unit 2008 2009 2010 2-2011 (e) Roads by Surface Type Paved km 7020 Unpaved km 10980 TOTAL km 18,000 Railway Statistics Inter-city daily ridership 000s n.a n.a n.a n.a KTM Komuter daily ridership 000s n.a n.a n.a n.a Light Rail daily ridership 000s n.a n.a n.a n.a Total freight traffic 000 tonnes 355.000 343.000 403.000 Source: Ministry of Public Affairs and Transportation, CIA, Instat 27
Air Traffic Statistics (No. of Passengers) International million 1,259,665 1,394,688 1,536,822 428,273 TOTAL (including transit) million 1,259,665 1,394,688 1,536,822 428,273 Cargo Handled Domestic tonnes N/A N/A N/A N/A International tonnes 2560.000 1863.000 1940.000 566 TOTAL (including transit) tonnes 2560.000 1863.000 1940.000 566 Port Statistics (Composition of Cargo) General cargo mil tonnes 4705 4193 4170 n.a Liquid bulk cargo mil tonnes n.a n.a n.a n.a Containerized cargo mil tonnes/teu s* n.a n.a n.a n.a TOTAL mil tonnes n.a n.a n.a n.a Source: Ministry of Public Affairs and Transportation, CIA, Instat 28
Quality of Life Cost of Living 75 Leisure & Culture 76 Economy 57 Environment 64 Freedom 67 Health 68 Infrastructure 36 Risk & Safety 71 Climate 90 Final Score 64 Final Score Climate Risk & Safety Infrastructure Cost of Living 100 80 60 40 20 0 Health Leisure & Culture Economy Environment Freedom 29
Selected Social Indicators 2005 2006 2007 2008 2009 2010 Cellular phones (million) 4.548 Telephone fixed lines 331,500 Internet subscribers (per 100 ) 6 9.6 15 23.6 41.2 45 Enrollment primary (%) 116.4 111.8 110.4 Enrollment secondary (%) 84.6 75.6 78.2 Forested Land(% of total land) 28.5 28.3 Maternal mortality rate (per 100.000 live births) 34 31 Life expectancy at birth 76.1 76.3 76.5 76.6 76.8 Birth rate, crude(per 1000 people) 13.6 13.3 12.9 12.8 Death rate, crude(per 1000 people) 5.8 5.9 5.9 6 6.1 Literacy rate, youth total %(15-24) 98.8 Literacy rate, adult total%(15 and above) 95.9 Infant mortality rate(per 1000 live births) 20.3 19.6 18.7 17.8 17.2 16.4 Beds in hospital ( per 1000) 2.92 Source: World Bank 30
Tourist Arrivals by Region 2008 2009 (Jan-Jun) 2010 (Jan-Jun) FYR Macedonia 341,801 120,686 113,894 Kosovo 324,771 91,731 103,459 Montenegro 120,125 64,525 65,243 Italy 98,573 42,092 43,630 Greece 85,505 45,728 45,132 Serbia 59,557 15,534 15,368 Great Britain 60,043 18.642 18,463 Turkey 32,575 15,205 15,251 Germany 38,428 14,066 14,474 France 18,369 6,594 7,263 Source: Ministry of Tourism International Comparison 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 2008 2009 (Jan-Jun) 2010 (Jan-Jun) 31
International Comparison Real Gross Domestic Product (% Annual growth) 2005 2006 2007 2008 2009 2010 FYR of Macedonia 4.4 5.0 6.1 5.0-0.9 1.8 Greece 2.3 5.5 3.0-0.2-3.3-3.5 Bulgaria 6.4 6.6 6.4 6.2-5.5 0.2 Bosnia & Herzegovina 5.0 6.2 6.8 5.4-2.9 0.8 Montenegro 4.2 8.6 10.7 6.9-5.7 2.5 Serbia 5.4 3.6 5.4 3.8-3.5 1.0 Romania 4.2 7.9 6.0 9.4-8.5 0.9 Albania 5.5 5 5.9 7.9 3.3 3.9 Source: Central bank of Macedonia, Central bank of Montenegro, Central bank of Bosnia & Herzegovina, Central bank of Romania, Central bank of Bulgaria, Central bank of Greece, Central bank of Serbia, Bank of Albania 32
Consumer Price Index (% Annual Growth) Consumer Price Index (% Annual Growth) 2005 2006 2007 2008 2009 2010 FYR of Macedonia 100.0 103.3 107.7 114.7 114.4 116.8 Greece 100.0 103.2 106.2 110.6 111.9 117.2 Bulgaria 100.0 107.3 116.3 130.6 134.2 137.5 Bosnia & Herzegovina 100.0 106.1 107.7 115.7 115.3 117.8 Montenegro 100.0 102.9 107.4 116.8 120.9 121.6 Serbia 100.0 111.7 118.9 133.6 144.5 153.3 Romania 100.0 106.6 111.7 120.5 127.2 135.0 Albania 100.0 102.4 105.4 108.9 111.4 115.3 Source: World Bank 33
Structure of output Year GDP(US$ billion) Value added as percent of GDP (%) Agriculture Industry Services FYR of Macedonia 2011 10.3 12 29.7 58.4 Greece 2011 312 3.6 18 78.3 Bulgaria 2011 54.3 5.2 30.6 64.2 Bosnia & Herzegovina 2011 18.3 10.1 25.8 64.1 Montenegro 2011 4.2 - - - Serbia 2011 43.9 12.3 22.5 65.2 Romania 2011 12.3 37.8 50 Albania 2011 13.3 20.2 19.5 60.3 Source: CIA 34
Life Expectancy at birth Male Female Infant Mortality rate (per 1000 live births) Crude Birth Rate (per 1000 population) Internet Users (per 1000 users) Adult Literacy Rate (% age 15 & above) Tertiary Gross Enrolment Ratio (%) Mobile Subscribers FYR Macedonia 72 77 12 11 52 97 40 1,943,216 Greece 78 83 4 11 43 97 89.4(2007) 13,295,093 Bulgaria 70 77 13 11 45 98 53 10,575,700 Bosnia & Herzegovina 73 78 8 9 38 98 35 3,257,239 Montenegro 72 77 8 12 45 n. a 45 1,294,167 Serbia 71 76 7 10 40 n. a 50 9,912,339 Romania 70 77 15 10 37 98 64 25,400,000 Albania 74 74 17.2 n.a 42 83.7 n.a 4.548.000 Source: World Bank 35
Population, Urbanization and Population Density Surface Area ( 000 km²) Population Population Density (per km²) Urban Population as % of Total Population FYR of Macedonia 25,7 2,060,563.00 81.7 0.9 100 Greece 131,9 11,319,048.00 87.8 0.6 100 Bulgaria 111 7,543,325.00 69.5-0.1 100 Bosnia & Herzegovina 3,760,149.00 73.4 1 99 Montenegro 13,8 631,490.00 47-0.4 98 Serbia 88,3 7,292,574.00 82.5 0 99 Romania 238,390.00 21,442,012.00 93.3 0.2 --- Albania 28,748 2,831,741 98.5 47.4 n.a Source: World Bank % of Population using Improved Water sources 36
Employment Total Employment Employment by Sector (% of Total Employment) Country % Agriculture Industry (1) Services FYR of Macedonia 36.7 18.2 31.3 51.5 Greece 48.6 11.9 21.2 76.9 Bulgaria 50.8 7.1 35.2 57.6 Bosnia & Herzegovina 45.3 19.8* 32.6* 47.6 * Montenegro --- 6.5 20.7 72.8 Serbia --- 20.8 29.5 49.7 Romania 48.8 29.1 30 41.9 Albania 86.3 55.2 9.26 35 Source: World Bank 37
Saving and Investment (% of GDP) 2008 2009 2010 2011* 2008 2009 2010 2011* FYR of Macedonia Bosnia & Herzegovina Savings 13.986 19.197 22.665 21.868 Savings 13.946 14.743 14.034 14.439 Investment n.a n.a n.a n.a Investment 28.237 20.964 19.623 20.678 Greece Montenegro Savings 5.828 5.117 4.103 4.011 Savings -9.977-3.138-3.625-2.473 Investment 20.516 16.103 14.556 12.382 Investment 40.671 27.121 22,000 22,000 Bulgaria Serbia Savings 14.403 20.442 23.934 26.631 Savings 8.319 15.87 15.642 17.225 Investment 37.542 29.366 24.923 24.991 Investment 29.749 22.99 22.832 24.832 Romania Savings 19.693 21.13 22.166 22.969 Investment 31.26 25.308 26.462 27.452 Albania Savings 17.393 15.465 14.086 14.115 Investment 32.51 29.01 25.883 25.038 Source: World Bank 38
Science and Technology Information Technology Skills Broadband Subscribes 2008 Fixed Telephones users 2009 Mobile Phones users 2008 Personal Computers per 100 people 2008 Internet Users 2008 Internet Costs/ months * FYR of Macedonia 1.79 24,10% 69,56% 22,17 13,15% 16.7428 $ Greece 4.38 55,52% 99,62% 9,17 18,38% 28.8432 $ Bulgaria 5.01 31,28% 107,59% 6,34 24,38% 13.2960 $ Bosnia & Herzegovina 1.02 25,28% 48,25% 5,43% 24,28% 24.0470 $ Montenegro 0.25 3,37% 7,83% 2,53% 27.5653 $ Serbia 23.7458 $ Romania 8.18 19,44% 80,45% 12,96 32,36% 9.05534 $ Albania* 3.7 11,39% 148% 4.6 26.8% 20 $ Source: World Bank Data for Albania are of 2011 39
AIDA is the official investment promotion, SME development and export promotion agency that facilitates and supports direct investment in Albania, through the identification and promotion of investment opportunities, offering services and support to existing or potential investors. AIDA serves as a one-stop-shop for inward investors to ensure faster and efficient services. The agency conducts all activities and takes all necessary initiatives to support private sector development and improve the business climate, as well as intermediates between investors and state authorities. AIDA offers for the foreign and domestic investors, comprehensive support for their investment projects. AIDAs qualified staff, not only assists with market analysis and potential sectors for investment, but also with advice on finding suitable properties and locations, as well as assistance on identifying new and existing projects. 40
Blv Gjergj Fishta, Pall. Shallvare, Tirana, Albania Tel: +355 (0) 42251001 e-mail: info@aida.gov.al web: www.aida.gov.al