Description
During this year, the performance of the economy was not very much different from 2010. The public debt is still relatively high, and it is estimated to 59.7% of the GDP (compared to the value of 60% which is considered the limit). The inflation, the decline of foreign investments, the high level of nonperforming loans in the banking sector, the growth of consumer prices and other services, are the main issues that threaten to re2 duce the standard of living. Poverty is very disturbing today because of the increasing number of people living close to the poverty line. In the classification according to GDP per capita, Albania is 124th out of 228 countries. The crisis in the country has forced some local as well as foreign investors (mainly in the apparel industry) to reduce their activities, or to close them, and consequently many employees became unemployed and many families are faced with financial trouble.