ADVERTISEMENT

Albania average gross wage growth slows in Q4

MNB

Photo by 826A IA/Shutterstock.com

Albania’s average gross monthly wage increased 2.2% year-on-year to ALL 53,458 (EUR 431) in the fourth quarter, after rising 3.7% in the previous quarter, the statistical office, Instat, said. 

Photo by 826A IA/Shutterstock.com

The average gross wage in the public sector amounted to ALL 63,826, while in the private sector it stood at ALL 48,767.

In the October-December period, the biggest average wage, ALL 115,094 (EUR 935.80), was paid in the financial and insurance sector, followed by the IT sector with ALL 80,003.

The lowest wage, ALL 35,105, was recorded in agriculture, forestry and fishing. Albania’s minimum gross monthly wage is set at ALL 26,000 (EUR 211.40), Instat said.

ADVERTISEMENT

Czech economic confidence weakens in November Analysis

Czech economic confidence weakens in November

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.