Albania Economy - 1986


SOURCE: 1986 CIA WORLD FACTBOOK

GEOGRAPHICAL NAMES  Spanish Simplified Chinese French German Russian Hindi Arabic Portuguese

GNP: $2.6-2.8 billion (1985); approximately $900 per capita (1984)

Natural resources: oil, gas coal chromium

Agriculture: main crops- -corn, wheat, potatoes, tobacco, sugar beets, cotton

Major industries: agricultural products and processing, textiles and clothing, lumber, and extractive industries (chrome and oil)

Shortages: spare parts, machinery and equipment, some food products and consumer gocds

Electric power: 1,540,000 kW capacity (1985); 4 7 billion kWh produced (1985), 1,584 kWh per capita

Exports: $290 million (1983 est), asphalt, bitumen, petroleum products, metals and metallic ores, electricity, oil, vegetables, fruits, and tobacco

Imports: $280 million (1983); machinery, machine tools, iron and steel products, textiles, chemicals, pharmaceuticals

Major trade partners: exports—Yugoslavia, Czechoslovakia, Romania, Italy, Poland, Austria, imports—Yugoslavia, Czechoslovakia, FRG, Romania, Poland, Italy, Greece, France

Budget: (1984 prov.) revenue $1.29 billion, expenditure $1.28 billion; state investment $709.7 billion (1984 planned)

Monetary conversion rate: 7.1328 leks^US$l (February 1984)

Fiscal year: same as calendar year; economic data reported for calendar year

NOTE: The information regarding Albania on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Albania 1986 information contained here. All suggestions for corrections of any errors about Albania 1986 should be addressed to the CIA or the source cited on each page.

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