Economy of Albania
The economy of Albania is a developing mixed economy. Since the early 2000s, the economy transitioned from a centralized to a mixed, free-market economic system. Its largest sectors are services (54.1%), agriculture (21.7%), and industry (24.2%). The country has natural resources, and the economy is mainly bolstered by agriculture, food processing, lumber, oil, cement, chemicals, mining, basic metals, hydro power, tourism, textile industry, and petroleum extraction. The strongest industries are energy, mining, metallurgy, agriculture, and tourism. Primary industrial exports are clothing and chromium. Albania has an emerging tourism sector. With over 12 million tourists visiting Albania in 2025, tourism generates revenue in excess of $5.72 billion annually in 2025.
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