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Albania Economy

The Albanian economy with a population of 2.822 Million (2011 Census) ranks 111th in the world. It has a GDP PPP of 24.9 billion(IMF 2012) and GDP PPP per capita of 7,848 vs 48,328 (United States) according to the IMF in 2011. Its currency is the Albanian lek (ALL). Bank deposit account products held for a fixed term in Albania is called a term deposit. According to CIA.gov data the inflation rate in Albania was 2% (2012 est.) and 3.5% (2011 est.).