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Albania β€” Country Profile & National Debt

An overview of Albania covering geography, demographics, economy, culture, political status, and practical information, sourced from World Bank and REST Countries open data.

National Debt Real-Time Estimate
Albanian lek (ALL)
L 1,106,831,466,788.077
β‰ˆ
US Dollar (USD)
$ 13,513,572,339.34
GDP
$27.05B
2024 data
Debt / GDP
50.0%
2024 data
Annual Interest Rate
4.0%
2024 real rate
Per Second
L1,402.5
β‰ˆ $17.12/s
Exchange Rate1 USD = 81.91 ALL
Data source: World Bank Open Data Β· Exchange rates: open.er-api.com
These figures are estimates based on public statistics and may differ from actual values.

About Albania

The capital of Albania is Tirana. It has a population of approximately 2.4M. The country covers an area of 28,748 kmΒ². It is located in Southeast Europe.

Geography

Albania is a country in Southeast Europe, part of the Europe region. It covers an area of approximately 28,748 kmΒ². It shares land borders with Montenegro, Greece, The Republic of North Macedonia, and UNK, totalling 4 neighbours.

Demographics & Languages

Albania has a population of approximately 2,363,314 people. Population density is around 82.2 people per kmΒ². Its officially recognised languages include Albanian, totalling 1 language. People from this country are referred to as Albanian.

Economy Overview

As of 2024, Albania reports a nominal GDP of about $27.0 billion. Government debt stood at roughly 50.0% of GDP in 2024. The official currency is the Albanian lek (ALL, symbol L). The current exchange rate is approximately 1 USD = 81.91 ALL.

Culture & Time

Albania operates on a single time zone (UTC+01:00). The local week is considered to start on Monday. Its country-code top-level domain (ccTLD) is.al.

Government & Status

The capital of Albania is Tirana. It is internationally recognised as an independent sovereign state. The country is a member state of the United Nations.

Practical Information

Traffic drives on the right. The international dialling code is +355. Its FIFA country code is ALB, and its ISO 3166-1 alpha-2 code is AL.

Data Sources & Methodology

GDP and debt-to-GDP figures on this page are pulled from the most recent available year of World Bank open statistics. The real-time debt estimate is computed by multiplying total debt (GDP Γ— debt ratio) by World Bank's real interest rate (or a 4% fallback when unavailable) and dividing across each second of a year. Exchange rates refresh hourly via open.er-api.com, and country-level metadata such as languages, time zones, borders, and domains is fetched from REST Countries every 24 hours. All values are estimates derived from public datasets and may differ from official figures.

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