Albania’s shrinking population threatens pension scheme and labor market

On January 1, 2018, Albania numbered 2,870,324 inhabitants, which means a decrease of 0.2% compared to the previous year.

The statistics issued by the Institute of Statistics show that the population returned to the downturn trend after a slight increase on January 1, 2017.

Although the number of births is still greater than the number of deaths, bringing a natural addition of 8,637 people, it is the emigration phenomenon that is shrinking the population of the country.

During 2017 with emigration outflows, there was a negative balance of 14,902 inhabitants.

Such outflows and low birth rates have begun to turn into a threat to the country, which increasingly has less young people and more elderly.

If a year ago, people aged 0-14 years old accounted for 26.7% of the population, today they account for only 26%.

Even the ratio of persons over 65 years of age has risen from 18.9% to 19.4%.

This development implies that in the future the pension scheme will become an even greater burden, as there will be fewer working people to face a larger number of retirees.

SCAN

*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.