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Albania is a developing country with an upper-middle income economy driven by the service sector, with manufacturing and tourism also playing significant roles. [9] After the dissolution of its communist system the country shifted from centralized planning to an open market economy. [10]
A short-lived monarchical state known as the Principality of Albania (1914–1925) was succeeded by an even shorter-lived first Albanian Republic (1925-1928). Another monarchy, the Kingdom of Albania (1928–1939), replaced the republic. The country endured occupation by Italy just prior to World War II (1939–1945).
The population of Albania on January 1st is 2,886,026 inhabitants, compared to the population of 2015 there is a decrease of 6,276 inhabitants. The population of Albania consists of 1,461,326 males and 1,424,700 females. The sex ratio of this population is 102.6 males for 100 females.
The economy of Albania went through a process of transition from a centralized economy to a market-based economy on the principles of the free market. Albania's economy is based on the service (54.1%), agriculture (21.7%), and industrial (24.2%) sectors. [3] The country has some natural resources, and the economy is mainly bolstered by ...
Albania is a country in southeastern Europe that lies along the Adriatic and Ionian Seas, with a coastline spanning approximately 476 km (296 mi). [1] Situated on the Balkan Peninsula, it is one of the most mountainous countries in Europe. It is bounded by Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east and ...
tourism in Albania. Tourism in Albania has been a key element to the country's economic activity and is constantly developing. Albania is characterized by its rich archaeological and cultural heritage dating back to the classical period when Illyrians and Ancient Greeks inhabited the region. Over the course of history, the territory of Albania ...