Compare the economies of the countries

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Economy power of Albania & Libya

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Albania vs Libya

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Albania Libya
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Albania is a nation located on the Adriatic and Ionian Seas Their official name is the Republic of Albania. With the capital city of Tirana, it is neighbored by Kosovo, Montenegro, North Macedonia, Greece, and Italy if we take into account the maritime borders.  More about Albania Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide.  More about Libya

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Albania Libya
Position in the ranking of countries 109 (2023) 91 (2023)
GDP [US$] 23,547,179,830 45,096,462,972
Percentage of the other 52.2 % 191.5 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Albania Libya
Position in the ranking of countries 109 (2023) 89 (2023)
GNI [US$] 23,246,482,646 45,309,062,967
Percentage of the other 51.3 % 194.9 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Albania Libya
Position in the ranking of countries 87 (2023) 34 (2023)
External balance [US$] -1,215,863,579 6,571,580,007
Percentage of the other -18.5 % -540.5 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Albania Libya
Position in the ranking of countries 87 (2023) 34 (2023)
Unemployment [%] 10.25 18.61
Percentage of the other 55.1 % 181.6 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Albania Libya
Position in the ranking of countries 135 (2023) 102 (2023)
Population 2,745,972 7,305,659
Percentage of the other 37.6 % 266.1 %

Population growth (annual %)

Density

Gender

Demography