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ALBANIAN ECONOMY

 Where is Albania on the Map?

Albania is located in the western part of the Balkan peninsula. It borders the former Yugoslavia (Serbia - Montenegro) and Kosova in the north and the east, (FYR of) Macedonia in the east, and Greece in the south. It has access to the Adriatic and Ionian Seas in the west. From the Strait of Otranto, Albania is less than 100 km (60 miles) from Italy. The country covers a total of 28,000 squared kilometers (11,000 squared miles) and its population is 3.3 million.

 

Kosovo is the New Albanian State

Historical Figures of Albania

 
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ALBANIAN ECONOMY

 

ALBANIAN ECONOMY

The agrarian reform in the agricultural economy in 1945expropriated the rich owners, nationalised the forests, waterresources, pastures and the big herds of livestock.Some 70211 families benefited from the expropriated land,while an area of 17 000 hectares was used to create the firststate agricultural enterprises of the socialist type. A totalnumber of 19,355 owners were expropriated. Prior to 1990,industry occupied 58 per cent of the social product, whileagriculture 25 per cent, with the livestock production givingless than 1/3 of the total agricultural production. Over 80s-90s, the growth of the general industrial production was 1.8 per centper year, while the growth of the population was 1.9 per cent ayear. Nationalization, centralization of everything in the handsof the state, the application of the principle of self-reliance,denial of any kind of ownership to the peasant brought aboutgradually the decline of the possible sources of the economicdevelopment. The market was so much disposed of items so that atthe beginning of 80s the ratio system was practiced on foodarticles. The industry and other branches of the economy wentinto a general crisis.

 

ALBANIA'S POPULATION

The Albanian population belongs to a very young age. More than 40% of the population, men and women, belong to the 0-19 age-group, 50% of the population belong to the group age of 20-64 and only 10% are more than 65 years old.As compared with 1938, the population is tripled and it amounts to 3,5 million inhabitants. Until the end of 70ies the index of the average growth of population in a year was higher in males, about 3%, while according to the latest registration data in 1989, this index is higher in females, about 2%. In 1989 we have a population dispersion which graphically is represented by a regular population pyramid, in 1995 this pyramid changed in males belonging to the age group of 20 to 30 years old.This fact is explained with the emigration phenomenon, which achieved its peak during the transitional period. According to UNDP data 15% of Albania population is actually living outside the Albanian territory.

 

Source: Albanian Government

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Advertising your business using the internet and the World Wide Web is not just about pretty pictures on a computer.

 

AlbaNur reaches the whole Albanian community throughout the world in real time.  Many of our visitors are from Europe & America, however there is growing traffic from our homeland in the Balkans as there become more internet users.  We strive to have the most up to date local and global issues important to Albanians, to ensure our continued success.  

 

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E-Mail us a timshkupi@hotmail.com to find out how you can advertise your business at "AlbaNur".

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