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Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
Albania is a low-income country by Western European standards, with a GDP per capita lower than all countries in the EU. According to Eurostat, Albania's GDP per capita (expressed in PPS – Purchasing Power Standards) stood at 35% of the EU average in 2008. The unemployment rate in 2018 was 12.4%. [24]
The rate of GNI per capita growth in annual percentage according to the World Bank for last available year is shown in below ... Albania: 10.2: 2021 Algeria: 3.7 ...
Using the Federal Reserve’s $2.3 trillion M0 currency figure and a current world population of 8.17 billion, per Worldometer, there’s about $282 per person in the world, on average. Using the ...
Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. Comparisons of GDP per capita are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries, see List of countries by GDP (PPP) per capita .
This is a list of countries by gross national income per capita in 2023 at nominal values, according to the Atlas method, an indicator of income developed by the World Bank. [1] The GNI per capita is the dollar value of a country's final income in a year, divided by its population. It should be reflecting the average before tax income of a ...
Given the differences in price levels, the size of higher income countries is inflated, while the size of lower income countries is depressed in the comparison. PPP-based cross-country comparisons of GDP at its expenditure components only reflect differences in economic outputs (volume), as PPPs control for price level differences between the ...
That's a 60% jump from the $66,400 median income in 1970. While that sounds impressive, it's worth noting that upper-income households saw an even larger increase of 78%, while lower-income ...