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Albania Black Market
Sources: The Library of Congress Country Studies; CIA World Factbook
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    The food shortage, price controls on staple items, and the ease with which foreign food aid could be diverted from normal distribution channels produced ideal conditions for a brisk black market. Basic food items, which officially still had governmentfixed prices, became difficult, and often impossible, to purchase at stores but appeared at significantly higher prices on the black market alongside items pilfered from aid consignments. Nonfood items looted from warehouses were available from black-market dealers at many times normal prices. Fines for trafficking in smuggled and stolen goods were trivial compared to the potential profits.

    Data as of April 1992

    NOTE: The information regarding Albania on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Albania Black Market information contained here. All suggestions for corrections of any errors about Albania Black Market should be addressed to the Library of Congress and the CIA.

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Revised 10-Nov-04
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