Economy of Albania

The economy of Albania is a developing mixed economy. Since the early 2000s, the economy transitioned from a centralized to a mixed, free-market economic system. Its largest sectors are service (54.1%), agriculture (21.7%), and industrial (24.2%). The country has natural resources, and the economy is mainly bolstered by agriculture, food processing, lumber, oil, cement, chemicals, mining, basic metals, hydro power, tourism, textile industry, and petroleum extraction. The strongest industries are energy, mining, metallurgy, agriculture, and tourism. Primary industrial exports are clothing and chromium.