These are average salaries in Kosovo, Albania, Serbia, Bosnia and Montenegro

These are average salaries in Kosovo, Albania, Serbia, Bosnia and Montenegro

The last three years of wages in the countries of the region have increased much faster than in Kosovo and Albania, deepening the difference between the income an employee receives in Serbia, northern Macedonia, Montenegro and Bosnia and Herzegovina, compared to an Albanian. The Kosovo Statistics Agency has [...]

The last three years of wages in the countries of the region have increased much faster than in Kosovo and Albania, deepening the difference between the income an employee receives in Serbia, northern Macedonia, Montenegro and Bosnia and Herzegovina, compared to an Albanian.

Kosovo's Statistics Agency has reported the data by the end of 2021, with the average salary at 484 euros, making it together with Albania the two countries paying less their employees.

The average gross salary for these countries fluctuates between 800-900 euros per month, up from about 520 euros average in Albania, or an average of about 40% higher.

The Monitor has processed the official data of the statistical institutes of Albania, Serbia, Montenegro, Northern Macedonia, and Bosnia and Herzegovina for average gross monthly wages, which are available by September 2022. While Kosovo, the latest available data has the end of 2021.

This salary has been compared to nominal value (indecent to inflation) to the third quarter 2019, before the beginning of the pandemic.

Montenegro has the second highest average wage in the region, with 885 euros a month at the end of the third quarter of 2022, although the gap with other countries has narrowed, due to slower growth (with about 14% from September 2019), according to Montenegro's Statistics Office.

Serbia is the country of the region that has increased wages during this period by 39%, bringing 880 euros to late September 2022, according to the Statistics Office of the Republic of Serbia.

In northern Macedonia, an average worker pays nearly 780 euros, or 29% more than in September 2019, reports the Northern Macedonia Statistics Office.

High wage growth has been marked and in Bosnia and Herzegovina, reaching 893 euros, the highest in the region, with 24% expansion from the third quarter 2019, according to Bosnia and Herzegovina's Statistics Agency.

In Albania, an employee's average salary was 522 euros in September 2022, up from 440 three years ago, with an increase of about 19%, according to INSTAT. (See chart: The average gross monthly salary in the region ʹ euro).

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