IMF figures: Albania in 105th place in the world per capita income, among the poorest in Europe

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 Albania ranks in the 105th in the world out of 189 countries in terms of per capita income in 2017, according to recent figures updated in the International Monetary Fund data system and processed by Monitor magazine. While Kosovo has a worse ranking, in 120th place.

With 4520 dollars per capita per year, Albania ranks among the last in Europe. Our country leaves behind only Kosovo (with 3500 USD, 120th place), Ukraine (135) and Moldova (137), and slightly above us is Bosnia Herzegovina.

Macedonia is in the 96th place, with $ 5,500 per capita, Serbia in the 94th place, with $ 5,600. Better is Montenegro, 84the ($ 7071 per capita).

The IMF forecasts that by 2022, per capita income of every Albanian to reach $ 6,000, improving slightly in the ranking, to go down to 100th place.

table of income per capita

But the past shows that Albania failed to move faster than other countries toward the welfare of its citizens, instead is deteriorated. In 2006, Albania had a per capita income of about $ 3,000, but ranked a better position, in 104th place.

By comparison, Macedonia's income in 2016 was as much as 38% of the EU average, from 34% in 2012. Serbia has an average income of 36% of the EU average, according to Eurostat.

The World Bank in its regular regional report announced recently that with current growth rates, will take 60 years for  Albania to reach the EU's average income.

Even according to the purchasing power, Albania is in the 98th place in the world, according to IMF figures..
IMF figures: Albania in 105th place in the world per capita income, among the poorest in Europe IMF figures: Albania in 105th place in the world per capita income, among the poorest in Europe Wednesday, November 22, 2017 Rating: 5
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