Minimum wage and loss of consumption power from lack of actual indexation

Open Data Albania is conducting a research concerning the indexation of the official minimum wage in Albania over the years, more specifically during 2000-2022. During this period there has been a regular increase in the formal minimum wage, excluding 2007, 2014-2016, 2018 and 2020. For 2022, the minimum wage increased in advance in April, although it was planned for mid-year. The move came a result…

FEATURES OF HOUSEHOLD CONSUMPTION IN ALBANIA, TYPE-BASED EXPENSES 2020

Open Data Albania is analyzing the average monthly consumption in Albanian households, ie how much an average Albanian resident household spends each month to meet their individual needs for goods and services. The data under review were sourced from INSTAT. In 2020, an Albanian household spends on average of 83 475 ALL every month for consumer goods and services, a figure that is 20% higher…