TIRANA, March 12 /ATA/ – The average monthly salary in Albania rose 13.7% year-on-year in fourth quarter of 2023, according to data from the National Institute of Statistics, INSTAT.
INSTAT said in its latest Wage Statistics that the gross monthly salary for the final quarter of 2023 reached 75,000 leke, recording a significant surge from the previous year’s figure of 66,000 leke.
According to INSTAT, the economic activities offering a gross monthly average wage higher than the national average wage in the fourth quarter of last year were financial and insurance activities and information and communication.
Data show that salaries in the public sector experienced a more accelerated growth rate compared to their private sector counterparts. In the fourth quarter of 2023, the average gross wage for the activity group of Public administration and defence; compulsory social security; education; health and social work activities, has the largest increase of 16.2 %, while the smallest increase has the activity group financial and insurance activities by 4.5%.
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