How many years it takes an Albanian to make $1m

How many years it takes an Albanian to make $1m

One million dollars, a lot of people haven't seen them or imagined them. Imagine the $100 bank notes combined, which exceed one foot [1 m] in height and weigh over ten pounds [10 kg]. To make that much money together, on average an Albanian will have to work 2 centuries [...]

One million dollars, a lot of people haven't seen them or imagined them. Imagine the $100 bank notes combined, which exceed one foot [1 m] in height and weigh over ten pounds [10 kg].

To make that much money together, on average an Albanian will have to work 2 centuries and 19 years and 11 months. According to data from U.S. statistical database NECE (United Nations Organization), the average salary in Albania is estimated at around $3379, or $4,548 a year.

With these levels, more than two hundred years (without considering inflation) would require an Albanian to have the first million, thus ranked last among the countries considered.

From the processed data from Mountiell, one million dollars you can make faster in Switzerland, where the average monthly income is estimated to be over $7,000. It only takes 11 years and 4 months to make $1 million.

In the first five countries, where $1 million is made faster and easier, four are European countries such as Switzerland, Luxembourg, Denmark, Norway, while the United States ranks in fifth place.

In America, an individual will need an average of 17 years to get a million dollars, while monthly income according to U NCE is estimated to be $4,800.

Western European countries lead the rankings in the smallest time to make $1 million. In countries such as Germany, France, the United Kingdom, and the Netherlands, it takes less than 25 years. In neighbouring countries like Italy and Greece, the first million requires 31 and 51 years, respectively.

Southeast European countries, post-communist, require more, even centuries, for an average individual to make a million dollars.

In Bulgaria it takes about 1 century and 32 years, in Belarus almost 2 centuries, while in Armenia two centuries and 15 years, or about 4 years faster than in Albania.

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