Albanians are still among the poorest in Europe, low consumption, low incomes

Albanians are still among the poorest in Europe, low consumption, low incomes
Albanians continue to rank among the poorest in Europe. In addition to the fact that they consume less than the Europeans, they also have lower incomes than them. This is reconfirmed by the latest data supplied by the European Union statistical office (Eurostat). According to this office, last year, Albanians continued to rank last in the list of countries of the old continent as far as two key indicators are concerned. According to these statistics, the consumption of an Albanian amounts to 37% of the average consumption of a European Union citizen. This translates into an added tendency to save rather than spend. Meanwhile, their disposable incomes are also low in comparison to European citizens.

According to Eurostat, average incomes for an Albanian account for 29% of an EU citizen, making this the lowest level of incomes in the list of European countries. This goes to show that average incomes for an Albanian are also lower than citizens of the region. For instance, incomes for Serbs or Macedonians amount to 37% of the incomes that EU citizens have. For Bosnians, this figure is 32%. Meanwhile, it’s pointless to make comparisons with countries which serve as a model in this aspect; countries such as Luxembourg where incomes account for 253% of the average incomes in the EU, Switzerland with 158% and Norway with 150%, etc.

 

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