Wages in Albania increased to 56710 ALL/Month in the second quarter of 2021 from 56019 ALL/Month in the first quarter of 2021. source: Instituti i Statistikave (INSTAT)

Wages in Albania averaged 34168.38 ALL/Month from 1993 until 2021, reaching an all time high of 56710 ALL/Month in the second quarter of 2021 and a record low of 3084 ALL/Month in the fourth quarter of 1993. This page provides - Albania Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Average Monthly Wages - values, historical data and charts - was last updated on September of 2021.

Wages in Albania is expected to be 64000.00 ALL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Average Monthly Wages is projected to trend around 64000.00 ALL/Month in 2022, according to our econometric models.

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Albania Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
56710.00 56019.00 56710.00 3084.00 1993 - 2021 ALL/Month Quarterly
Current Prices, NSA

Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.10 12.60 22.30 11.60 percent [+]
Employed Persons 1122.00 1108.00 1162.00 892.00 Thousand [+]
Unemployed Persons 98.00 95.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 67.50 68.70 69.80 57.90 percent [+]
Wages 56710.00 56019.00 56710.00 3084.00 ALL/Month [+]
Minimum Wages 30000.00 30000.00 30000.00 1200.00 ALL/Month [+]
Population 2.85 2.86 3.37 1.58 Million [+]
Retirement Age Women 61.17 61.00 61.17 50.00 [+]
Retirement Age Men 65.00 65.00 65.00 55.00 [+]
Youth Unemployment Rate 23.30 21.70 34.20 20.00 percent [+]
Employment Rate 59.00 60.20 61.60 47.10 percent [+]


Albania Average Monthly Wages
In Albania, wages are benchmarked using average monthly earnings.