Economy of Albania
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Following the collapse of the communist regime in 1990, Albania experienced a mass exodus of refugees to Italy and Greece. The country attempted to transition to autarky, which eventually succeeded. A
Tirana, the economic hub of Albania
GDP per capita development of Albania since 1913
Gjipe Canyon in the Southern of Albania where the Adriatic Sea meets the Ionian Sea
Lake Shkopet is a small, scenic lake in central Albania, near the town of Burrel in the Mat region. It is formed by the Mat River and surrounded by steep rocky hills, creating a calm and dramatic natural landscape. The lake is close to Ulza Lake and is known for its quiet atmosphere, making it a nice spot for nature lovers, photography, fishing, and short trips.
Albanian lek
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The lek is the currency of Albania. Historically, it was subdivided into 100 qintars.
Economy of Albania
…more than 119% in 1995, with most of this growth in the private sector. Annual inflation dropped from 25% in 1991 to zero. The Albanian currency, the lek, stabilised. Albania became less dependent on food aid. The speed and vigour of private entrepreneurial response to Albania's opening and liberalising…
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Alexander the Great on the first Albanian 1 Lek coin.
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