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 October 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

Albania Last Unit Reference Previous Highest Lowest
Unemployment Rate 12.10 percent Jun/21 12.60 22.30 11.60
Employed Persons 1122.00 Thousand Jun/21 1108.00 1162.00 892.00
Unemployed Persons 98.00 Thousand Jun/21 95.00 301.00 64.00
Labor Force Participation Rate 69.00 percent Jun/21 67.50 69.80 57.90
Wages 56710.00 ALL/Month Jun/21 56019.00 56710.00 3084.00
Minimum Wages 30000.00 ALL/Month Jun/21 30000.00 30000.00 1200.00
Youth Unemployment Rate 19.90 percent Jun/21 23.30 34.20 19.90
Employment Rate 60.70 percent Jun/21 59.00 61.60 47.10

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