Albania Average Monthly Wages - Forecast

Wages in Albania is expected to be 61200.00 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 61800.00 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.


Albania Average Monthly Wages
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Albania Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 13.6 13.2 13 13 12.7 11.5
Employed Persons 1123 1106 1106 1106 1106 1106
Unemployed Persons 85 87.38 87.57 87.53 87.54 87.54
Labor Force Participation Rate 67.4 67.1 67.1 67.1 67.1 67.1
Wages 61600 61200 61300 61500 61800 64000
Minimum Wages 24000 24000 24000 24000 25000 25000
Population 2.88 2.89 2.89 2.89 2.89 2.85
Retirement Age Women 60.67 60.67 60.67 60.67 60.83 61
Retirement Age Men 65 65 65 65 65 65
Youth Unemployment Rate 24.6 25.65 25.68 25.68 25.68 25.68
Employment Rate 58.2 57.73 57.73 57.73 57.73 57.73