WB’s purchasing power index: Albania penultimate in Europe, Kosovo last

Albanians are among the poorest in Europe as far as per capita income is concerned.

According to World Bank data, Albania’s per capita income, based on the principle of equality of power purchase for 2016, was 11,928 international dollars.

The international dollar is a unit of measure that compares income between countries, equalizing the purchasing power of currencies.

Last year, the income of Albanians, according to this model, grew by 3.7%, an increase that is close to the level of economic growth.

With this amount, Albania ranks as the penultimate in the region, leaving behind only Kosovo.

In the last two years, Albania was shifted in this ranking from Bosnia and Herzegovina, where per capita income has exceeded the limit of $12,000.

Only Kosovo ranks below Albania, with a per capita income of approximately $ 10,000.

The country with the highest welfare in the Western Balkans is Montenegro, with an average per capita income amounting to around $ 17,000.

The countries of the region, however, are still far from the most developed countries of the European Union according to this comparison.

The highest income country in Europe is Luxembourg, with approximately $ 106,000 a year, with a level that is nine times higher than Albania’s.

SCAN

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