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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 average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat. [1] The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, median figures might be more representative than averages. [2] These figures will shrink after income tax is applied.
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 ...
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 ...
Lower middle income 51.3 2018 51.27 2019 Albania: Southern Europe: Upper middle income 29.4 2020 29.42 2020 Andorra: Southern Europe: High income 27.96 2016 United Arab Emirates: Western Asia: High income 26.4 2018 25.97 2019 Argentina: South America: Upper middle income 40.7 2022 37.80 2022 Armenia: Western Asia: Upper middle income
Here's the Annual Income the Average Retiree Needs to Live Comfortably. Kailey Hagen, The Motley Fool. February 1, 2025 at 2:00 PM. ... Where to invest $1,000 right now?