25th Jubilee

Gateway of the Balkans, Heart of Europe.

Country’s Official name: REPUBLIC OF ALBANIA

Political system: PARLIAMENTARY REPUBLIC

President: BAJRAM BEGAJ

Prime Minister: Edi RAMA

Capital: TIRANA

 

Other important cities: Durres, Shkodra, Vlora, Korca, Fier, Gjirokastra, etc.

The official language: ALBANIAN

The national Currency: LEKE

Population: 2.363.314 (Source: INSTAT January 2025)

Main Investment areas and sectors: Energy, Mining Industry, Oil and Gas, Tourism, Agriculture and Food, Manufacturing, BPO Industries, Telecommunications etc.

ALBANIA

LOCATION AND CLIMATE

 

Albania is a small country located in South-Eastern Europe, on the western part of the Balkan Peninsula. It covers an area of 28,748 square kilometers and lies between 39°38′ and 42°39′ north latitude, and 19°16′ to 21°04′ east longitude. The country extends approximately 340 kilometers from north to south and up to 154 kilometers from east to west.

Albania is bordered by Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east, and Greece to the southeast and south. To the west and southwest, it is bordered by the Adriatic and Ionian Seas. Across the Adriatic Sea, approximately 70–80 kilometers away, lies Italy. Owing to its geographical position, Albania represents a strategic crossroads linking the Western Mediterranean with the Balkans and Asia Minor.

Albania has a predominantly Mediterranean climate, with continental influences in the interior and mountainous regions. The average annual temperature ranges between 13°C and 14°C. Temperatures are generally higher in the western lowlands and decrease by about 4–5°C in the northern and eastern areas. July is typically the hottest month, while January is the coldest.

Average annual precipitation is approximately 1,400–1,500 mm, though it varies significantly by region, with higher levels in mountainous areas. Rainfall is unevenly distributed throughout the year, with most precipitation occurring in late autumn and winter. July and August are typically the driest months, while November and December are the wettest.

Membership is open to all foreign investors, representative offices, and international organizations active in Albania.