Minimum Wages in Albania increased to 30000 ALL/Month in the first quarter of 2021 from 26000 ALL/Month in the fourth quarter of 2020. source: Instituti i Statistikave (INSTAT)

Minimum Wages in Albania averaged 15314.95 ALL/Month from 1993 until 2021, reaching an all time high of 30000 ALL/Month in the first quarter of 2021 and a record low of 1200 ALL/Month in the fourth quarter of 1993. This page provides - Albania Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Minimum Monthly Wage - values, historical data and charts - was last updated on August of 2021.

Minimum Wages in Albania is expected to be 27000.00 ALL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Albania to stand at 28000.00 in 12 months time. In the long-term, the Albania Minimum Monthly Wage is projected to trend around 28000.00 ALL/Month in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Albania Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
30000.00 26000.00 30000.00 1200.00 1993 - 2021 ALL/Month Quarterly
Current Prices, NSA

Albania Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.60 12.30 22.30 11.60 percent [+]
Employed Persons 1108.00 1145.00 1162.00 892.00 Thousand [+]
Unemployed Persons 95.00 91.00 301.00 64.00 Thousand [+]
Labor Force Participation Rate 67.50 68.70 69.80 57.90 percent [+]
Wages 56019.00 54951.00 56019.00 3084.00 ALL/Month [+]
Minimum Wages 30000.00 26000.00 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 [+]