Surprise, Taylor Swift is dropping her eighth studio album Folklore on July 24.

Not only are there 16 tracks on the standard edition of the LP, but Folklore also features loads of collaborations.

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Swift's previous studio album Lover was released just last year. The 18 track LP features various collaborations including the wildly successful "ME!" with Panic! At The Disco's Brendon Urie.

Now, Swift has decided its time to release a full-length album for her "Swifties" fandom. On July 23, the singer took to social media to announce that Folklore is arriving at midnight on Friday, July 24.

Bon Iver‘s Justin Vernon, The National‘s Aaron Dessner and Jack Antonoff (Bleachers, fun.) all collaborated on the new album. Swift reveals that Dessner co-wrote 11 of the 16 songs on Folklore. Dessner has since confirmed that his brother Bryce and bandmate Bryan Devendorf are also featured on the album.

As well, Bon Iver helped co-write material and is featured on the song "Exile." Swift's longtime collaborator and producer Antonoff also played a large part in Folklore.

The album announcement comes after Swift was forced to cancel her live performances this year due to coronavirus. Given the current times, she decided to not overthink Folklore's release.

“Before this year I probably would’ve overthought when to release this music at the ‘perfect’ time, but the times we’re living in keep reminding me that nothing is guaranteed," she says. "My gut is telling me that if you make something you love, you should just put it out into the world. That’s the side of uncertainty I can get on board with. Love you guys so much."

Dessner took to Instagram to share his thoughts on creating the new album with Swift.

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"I was excited and honored when Taylor approached me in late April about maybe writing some songs remotely together," he says. "[I] had been isolating with my family but writing a ton of music in the first months of quarantine which I shared. I thought it would take a while for song ideas to come. I had no expectations as far as what we could accomplish remotely."

He further shares that collaborating on Folklore with Swift came naturally for both of them. They also created the songs completely remotely.

"But a few hours after sharing music, my phone lit up with a voice memo from Taylor of a fully written version of a song -- the momentum never really stopped," he continues. "Over the next few months, we remotely finished 11 songs (She also recorded several others with the amazing @jackantonoff) of her magical new album folklore. I've rarely been so inspired by someone and it’s still hard to believe this even happened -- these songs came together in such a challenging time."

Swift has also dropped the tracklisting for Folklore. Physical deluxe editions of the album include the bonus track "The Lakes." She is also releasing numerous vinyl and CD editions of Folklore for fans.

On July 23, Swift is releasing the video for the album's first single "Cardigan." Due to coronavirus, Swift shares that the entire video shoot followed various safety regulations.

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"The entire shoot was overseen by a medical inspector, everyone wore masks, stayed away from each other, and I even did my own hair, makeup, and styling," she shares.

Folklore is out on Friday, July 24. Pre-orders for the album are available to purchase here.

Are you looking forward to hearing Folklore? Let us know your thoughts in the comments below.