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Name Total Assets (2022) Capital Website American Bank of Investments (ABI) 116,270 mln ALL: abi.al: BKT: 491,470 mln ALL: bkt.com.al: Credins Bank (CB) 297,740 mln ALL
The economy of Albania went through a process of transition from a centralized economy to a market-based economy on the principles of the free market . Albania's economy is based on the service (54.1%), agriculture (21.7%), and industrial (24.2%) sectors. [5] The country has some natural resources, and the economy is mainly bolstered by ...
The country is the 8th most populous country in the Balkans and ranks as the 137th most populous country in the world. The country's population rose steadily from 2.5 million in 1979 until 1989, when it peaked at 3.1 million. [294] Since then, the population has continually decreased every year. [295]
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A short-lived monarchical state known as the Principality of Albania (1914–1925) was succeeded by an even shorter-lived first Albanian Republic (1925–1928). Another monarchy, the Kingdom of Albania (1928–1939), replaced the republic. The country endured occupation by Italy just prior to World War II (1939–1945).
The employees contribution is 9.5% while the employer pays 15%. Health insurance is levied at 1.7% for both employee and employer. The self-employed pay 23% for social security and 7% for health insurance. [7] Corporate tax in Albania is levied at a flat rate of 15%. Businesses with a turnover of less than 8 million is exempt from corporate tax.
530 km 2 (200 sq mi) Albania is a country in Southeastern Europe that lies along the Adriatic and Ionian Seas, with a coastline spanning approximately 476 km (296 mi). [1] Situated on the Balkan Peninsula, it is one of the most mountainous countries in Europe. It is bounded by Montenegro to the northwest, Kosovo to the northeast, North ...
The People's Socialist Republic of Albania (Albanian: Republika Popullore Socialiste e Shqipërisë ), officially the People's Republic of Albania from 1946 until 1976, and from 1991 to 1992 as the Republic of Albania, was the one-party communist state in Albania from 1946 to 1991. It succeeded the Democratic Government of Albania (1944–1946).