Relative median income ratio in Albania
Albania: Relative median income ratio was 0.86 in 2024. ▼ Falling
Latest (2024)
0.86
Change on year
down 5.5%
World rank
23rd
of 37 countries
All-time high
1.06
in 2017
All-time low
0.86
in 2024
Years of data
8
2017–2024
Relative median income ratio in Albania, 2017–2024
Source: Eurostat.
Analysis
In 2024, relative median income ratio in Albania stood at 0.86. That is the lowest value across all 8 years on record.
The figure is down 5.5% on the previous year and down 18.9% over ten years.
That places Albania 23rd out of 37 countries with data for 2024, putting it in the middle of the range.
Relative median income ratio in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 1.06 | — |
| 2018 | 1.02 | -3.8% |
| 2019 | 1.02 | +0.0% |
| 2020 | 0.99 | -2.9% |
| 2021 | 0.99 | +0.0% |
| 2022 | 0.96 | -3.0% |
| 2023 | 0.91 | -5.2% |
| 2024 | 0.86 | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.03 | 1.02 | 1.06 | 3 |
| 2020s | 0.942 | 0.86 | 0.99 | 5 |
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)
- Services, value added (constant LCU), per capita 458,269 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8634 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,223 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 74.95 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 974,200 current LCU per person (2025)
Frequently asked questions
- What is relative median income ratio in Albania?
- Relative median income ratio in Albania was 0.86 in 2024, according to Eurostat.
- What is the highest relative median income ratio recorded in Albania?
- The highest recorded value was 1.06 in 2017.
- What is the lowest relative median income ratio recorded in Albania?
- The lowest recorded value was 0.86 in 2024.
- How does Albania rank for relative median income ratio?
- Albania ranks 23rd out of 37 countries with data for 2024.
- Is relative median income ratio rising or falling in Albania?
- Over the last ten years it is down 18.9%. 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 Relative median income ratio (60+). Statizoid updates them automatically from the source API.
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