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Albania

#61 globallyEurope

Average salary: $9,000/year ยท Currency: ALL L

Mean Annual Salary

$9,000

gross USD

Median Annual Salary

$7,500

gross USD

GDP per Capita

$6,494

current USD

PPP Factor

ร—0.38

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$7,500
Income Tax$975
Social Security$375
Health Insurance$150

Take-Home (Net) Annual

$6,000

Effective Tax Rate

20.0%

* Based on median salary of $7,500. Estimated combined rate. Consult a tax professional for accurate calculations.

๐Ÿ‡ฆ๐Ÿ‡ฑ Albania Economic Overview

Currency

ALL (L)

Region

Europe

Population

2.8M

Gini Coefficient

0.333

Cost of Living Index

38 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Europe Mean$30,959
Albania Mean$9,000

Global Ranking

#61

out of 117 countries

by average salary

About Salaries in Albania

The average annual salary in Albania is approximately $9,000 (gross, in USD), with a median of $7,500. The country ranks #61 out of 117 countries by average salary.

At the median salary, workers in Albania take home approximately $6,000 after taxes โ€” an effective tax rate of 20.0%. The purchasing power parity factor of ร—0.38 means that in real terms, living costs are lower than in the United States.

Albania is located in the Europe region. Income inequality, measured by the Gini coefficient, is 0.333 (moderate inequality).