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17-10-26
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INSTAT: Average gross wage up by 8.4% in Q4

TIRANA, March 10 /ATA/ – Albania’s average gross monthly wage increased by 8.4% year-on-year to 59,565 lek in the fourth quarter of 2021, the National Institute of Statistics (INSTAT) said on Thursday.

According to INSTAT’s latest report, the average gross monthly wage per employee in the country’s financial and insurance sectors is 2.1 times higher compared to the national average, while the average gross monthly wage in group-activity of Agriculture, forestry and fishing is lower by 39.8 %.

In the October-December period, the biggest average wage, 122,106 lek, was paid in the financial and insurance sector, followed by the information and communication sector with 90,707 lek. The lowest wage – 35,881 lek – was recorded in agriculture, forestry and fishing, followed by the construction sector – 44,949 lek.

The average gross wage in the public sector amounted to 70,531 lek, while in the private sector it stood at 54,482 lek, INSTAT said.

In the fourth quarter of 2021, the group-activity of Wholesale and retail trade; transportation and storage; accommodation and food service activities saw the highest wage hike by 11.8 % compared to the same quarter of last year, whereas the activity of real estate activities; professional, scientific and technical activities; administrative and support service activities recorded the lowest growth of 5.7 %.

/a.a/r.e/u.sh/

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