Albania Average Monthly Wages - Forecast

Wages in Albania is expected to be 61300.00 ALL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Albania to stand at 63513.29 in 12 months time. In the long-term, the Albania Average Monthly Wages is projected to trend around 64000.00 ALL/Month in 2020, according to our econometric models.


Forecast Data Chart
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Albania Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 12.9 13 12.7 12.5 12.3 11.5
Employed Persons 1137 1129 1130 1131 1133 1138
Unemployed Persons 78 84 84 83 83 80
Labor Force Participation Rate 68 67.51 67.18 66.82 66.48 65.11
Wages 60595 61500 61800 63513 64059 64000
Minimum Wages 24000 24000 25000 25147 25353 25000
Population 2.87 2.87 2.87 2.87 2.87 2.86
Retirement Age Women 60.67 60.67 60.83 60.67 60.67 61
Retirement Age Men 65 65 65 65 65 65
Youth Unemployment Rate 22.6 21.76 21.17 20.36 20.45 18.71
Employment Rate 57.3 56.81 56.11 56.01 56.2 56.18