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Welcome to your comprehensive guide to the Albania job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Albania.
Job Market Overview: Employment Statistics in Albania
Understanding Albania's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 2.877.797 residents |
| Employment Rate | 47.1% (below OECD average) |
| Unemployment Rate | 11% (moderately competitive market) |
These Albania employment statistics reveal a balanced labor market where candidates should highlight specialized skills. The 47.1% employment rate suggests moderate job availability across sectors.
Living & Working in Albania: Economic Insights
Before relocating or applying for jobs in Albania, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 640,99 USD | 14% of U.S. average (significantly lower) |
| Purchasing Power | 28.2 | moderate compared to U.S. (100) |
With 28.2 purchasing power, salaries in Albania provide adequate but budget-conscious lifestyles. The average monthly salary of 640,99 USD is particularly attractive in the Agriculture sector.
Top Industries & Job Opportunities in AL
Albania's thriving job market spans these key sectors:
| Leading Industry | Agriculture (growing at 5% annually) |
| Emerging Sector | Manufacturing (25% of workforce) |
| Service Sector | Services (60% of GDP) |
| Major Employers | Raiffeisen Bank Albania, Banka Kombetare Tregtare, Kastrati Group (hiring year-round) |
Job seekers should focus on Agriculture for the most opportunities, while Manufacturing offers growth potential. Major companies like Raiffeisen Bank Albania, Banka Kombetare Tregtare, Kastrati Group frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
1. What's the employment situation in Albania?
With a population of 2,877,797 and an employment rate of 47.1%, Albania offers a growing job market. The unemployment rate currently stands at 11%.
2. Which are the top companies in Albania?
The leading employers in Albania include Raiffeisen Bank Albania, Banka Kombetare Tregtare, Kastrati Group. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Albania?
The purchasing power ratio in Albania is 28.2, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Albania?
Search our listings filtered for Albania. Focus on industries where Raiffeisen Bank Albania, Banka Kombetare Tregtare, Kastrati Group are active, and consider that the 47.1% employment rate suggests moderate competition for positions.
5. What should I know about working in Albania?
With Raiffeisen Bank Albania, Banka Kombetare Tregtare, Kastrati Group as major employers, the job market tends to favor Manufacturing and Services.