Albania’s per capita income reached $11,000 in 2025, according to IMF data, placing the country 83rd globally in nominal terms and 85th in terms of purchasing power parity (PPP). While Albania has surpassed North Macedonia and Bosnia and Herzegovina in nominal income, it remains well below the EU average of $46,804 and the global average of $14,600 per person.
Measured by PPP, which accounts for the local cost of living, Albania lags behind North Macedonia despite higher nominal incomes.
This means that although Albanians earn more on paper than in some neighboring countries, the actual purchasing power of their income is lower, reflecting higher prices for goods and services domestically.
In the regional context, Serbia leads with $15,300 per capita, followed by Montenegro at $14,900, while Kosovo remains the poorest in Europe at $8,033 per capita. The data also highlight the impact of currency fluctuations, with recent depreciation of the euro and dollar contributing to modest gains in Albania’s per capita income.
