Of the more than 1,1 million regular employees in Albania reported by the Albanian Institute of Statistics (Instat) for the second quarter of the 2019, only the 4,4% - about 50.000 in numerical terms - has a salary higher than the 120.000 lek per month (about 1000 euros ).
Most of this "elite" is employed in public administration, state institutions and institutions and independent institutions that offer relatively high wages. This category of workers has recorded a small growth compared to the first quarter of the 2019, going from 4% to 4,4%.
On the other hand, for the vast majority of employees who regularly pay contributions, the salary picture is negative. According to official INSTAT data, reworked by the Albanian magazine Monitor, the 40,2% of total employees (460.173 in numerical terms) has a salary not exceeding the monthly 30.000 lek (about 250 euro).
Specifically analyzing the data it can be seen that the 28% of this category (320.000 approximately in numerical terms) receives the minimum wage from 26.000 monthly lek (about 215 euros), while the remaining 10,2% a salary from 30.000 lek.
However, the average monthly salary showed growth of 4,4% in the second quarter of this year: the information and communication sectors (+ 11% on an annual basis), agriculture (+ 6,3% on an annual basis), hotels and restaurants (+ 13% on an annual basis), are those that have recorded the highest growth in terms of wages.
Reverse trend, on the other hand, for employees of construction companies and banks, who have recorded decreases compared to last year. Specifically, wages in the financial sector fell by 0,7% while 2,6% by the construction sector.
The sector that offers the highest salaries in Albania is insurance and financial activities, with around 113.000 lek per month (930 euro), followed by information and communications with approximately 87.000 monthly lek (715 euro).
The latter sector has also recorded the highest growth in absolute value, thanks above all to the continuous IT developments of companies that make the professionals of the field ever more indispensable.
|Employees who pay contributions||% of the total||Number of person|
|Minimum salary (26.000 lek)||28%||320.519|
|> 120.000 lek||4,4%||50.367|
Data processed by the Albanian business magazine Monitor
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