Effect of taxes and social transfers on income quintile share ratio in Albania
Albania: Effect of taxes and social transfers on income quintile share ratio was 1.1 Ratio in 2023. ▼ Falling
Latest (2023)
1.1 Ratio
Change on year
down 26.7%
World rank
44th
of 45 countries
All-time high
2.9 Ratio
in 2017
All-time low
1.1 Ratio
in 2023
Years of data
7
2017–2023
Effect of taxes and social transfers on income quintile share ratio in Albania, 2017–2023
Source: Eurostat. Measured in Ratio.
Analysis
The most recent figure for effect of taxes and social transfers on income quintile share ratio in Albania is 1.1 Ratio, measured in 2023. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 26.7% on the previous year and down 62.1% over ten years.
That places Albania 44th out of 45 countries with data for 2023, putting it in the bottom quarter.
Effect of taxes and social transfers on income quintile share ratio in Albania, year by year
| Year | Ratio | Change |
|---|---|---|
| 2017 | 2.9 Ratio | — |
| 2018 | 2.7 Ratio | -6.9% |
| 2019 | 1.9 Ratio | -29.6% |
| 2020 | 1.9 Ratio | +0.0% |
| 2021 | 2.1 Ratio | +10.5% |
| 2022 | 1.5 Ratio | -28.6% |
| 2023 | 1.1 Ratio | -26.7% |
Albania compared with similar countries
- Albania's 1.1 Ratio is below the median for Europe & Central Asia, which is 3.05 Ratio, 36% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.5 Ratio | 1.9 Ratio | 2.9 Ratio | 3 |
| 2020s | 1.65 Ratio | 1.1 Ratio | 2.1 Ratio | 4 |
Countries ranked near Albania
More economy & growth data for Albania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 341.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0112 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 145.41 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0606 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 788.1 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 32.02 % change on previous year (2025)
Frequently asked questions
- What is effect of taxes and social transfers on income quintile share ratio in Albania?
- Effect of taxes and social transfers on income quintile share ratio in Albania was 1.1 Ratio in 2023, according to Eurostat.
- What is the highest effect of taxes and social transfers on income quintile share ratio recorded in Albania?
- The highest recorded value was 2.9 Ratio in 2017.
- What is the lowest effect of taxes and social transfers on income quintile share ratio recorded in Albania?
- The lowest recorded value was 1.1 Ratio in 2023.
- How does Albania rank for effect of taxes and social transfers on income quintile share ratio?
- Albania ranks 44th out of 45 countries with data for 2023.
- Is effect of taxes and social transfers on income quintile share ratio rising or falling in Albania?
- Over the last ten years it is down 62.1%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from Eurostat, published as part of Effect of taxes and social transfers on income quintile share ratio S80/S20. Statizoid updates them automatically from the source API.
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