The economy of Albania has undergone a transition from its communist past into an open-market economy in the early 1990s. Although the country is rich in natural resources, the economy is mainly bolstered by agriculture, food processing, lumber, oil, cement, chemicals, mining, basic metals, hydropower, tourism, textile industry, migrant remittances, and the informal economy.
Read more about Economy Of Albania: History, Macro-economic Trends, External Trade, Oil and Gas
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