Albania Gross Wage Growth Slows in Q1

Figures

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Albania's average gross monthly wage increased by 9.2% year-on-year to ALL 64,706 (EUR 690) in the first quarter of 2023, after rising by an annual 10.8% in the last quarter of 2022, the Tirana-based Institute of Statistics (Instat) said.

The average gross wage in the public sector amounted to ALL 73,205, while in the private sector it reached ALL 60,943 in Q1, data showed.

In the January-March period, the biggest average wage, of ALL 119,206 (EUR 1,114), was paid in the financial and insurance services sector.

The lowest wage, of ALL 43,903, was recorded in the agriculture, forestry, and fishing sector.

Albania's minimum gross monthly wage currently stands at ALL 34,000 (EUR 318). 

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