Is Albania a poor country



   
                  Albania is a low income country by Western European standards, with GDP per capita lower than all countries in the EU. According to Eurostat, Albania's GDP per capita (expressed in PPS – Purchasing Power Standards) stood at 35 percent of the EU average in 2008.

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Why Albania is the poorest country in Europe?

Albania has made remarkable economic progress during the past three decades. Due to the strong growth performance, Albania grew from one of the poorest nations in Europe to a middle-income country, with poverty declining by half during that period.

Why is Albania poor?

Why is Albania poor? The country's transition from a communist regime to a free market in a democratic republic has disrupted economic growth and has caused high levels of poverty.

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Comments

  1. Sasha Bella26 April 2020 at 12:54

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