Country Risk Rating

D3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD14.8bn (World ranking 125, World Bank 2020)
Population 2.8mn (World ranking 135, World Bank 2020)
Form of state Parliamentory republic
Head of government Edi Rama (PM)
Next elections 2025, legislative
  • Good international relations (NATO membership, official EU accession candidate)
  • Low labor costs
  • Moderate level of inflation
  • Fiscal deficits in check since 2016
  • Considerable inflow of remittances
  • Large informal economy
  • Regular power cuts due to energy shortages
  • High public and external debt levels
  • Continued large current account deficits
  • High level of unemployment
  • Slow reform processes
  • Weak rule of law and high level of perceived corruption
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