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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 following list sorts countries by their estimated male to female income ratio according to the Gender Development Index of the United Nations. The ratio is determined by comparing the gross national income per woman with the gross national income per man in 2017. [1] * indicates "Gender inequality in COUNTRY or TERRITORY" links.
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.
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 average male in the survey had invested $26,717, while the average woman had just $19,541 put aside in stocks, bonds, ETFs, and other investments. This divide may grow as time goes on.
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Income ratios include the pre-tax national income share held by top 10% of the population and the ratio of the upper bound value of the ninth decile (i.e. the 10% of people with highest income) to that of the upper bound value of the first decile (the ratio of the average income of the richest 10% to the poorest 10%).