Albania: Labor cost
* indicates monthly or quarterly data series
The most recent value is 168.99 index points as of Q3 2024, an increase compared to the previous value of 163.43 index points. Historically, the average for Albania from Q1 2014 to Q3 2024 is 120.11 index points. The minimum of 99.24 index points was recorded in Q3 2014, while the maximum of 168.99 index points was reached in Q3 2024.
Click on the following link to see the values of: Labor cost around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: index points
- Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.
- Source: Albanian Institute of Statistics (INSTAT)
| Recent values | Albania: Labor cost index |
|---|---|
| 2024 Q3 | 168.99 |
| 2024 Q2 | 163.43 |
| 2024 Q1 | 160.22 |
| 2023 Q4 | 163.24 |
| 2023 Q3 | 155.54 |
| 2023 Q2 | 154.27 |
| 2023 Q1 | 140.78 |
| 2022 Q4 | 143.63 |
Download data from our database Other resources: All indicators for Albania All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Labor force | 1.26 | 2025 | million people |
| Unemployment rate | 10.93 | 2025 | percent |
| Female unemployment | 11.18 | 2025 | percent |
| Male unemployment | 10.71 | 2025 | percent |
| Youth unemployment | 25.57 | 2025 | percent |
| Labor force participation | 64.26 | 2025 | percent |
| Labor force: percent female | 46.58 | 2025 | percent |
| Female labor force participation | 58.57 | 2025 | percent |
| Male labor force participation | 70.22 | 2025 | percent |
| Self-employment | 50.28 | 2025 | percent |
| Employment | 1.17 | Q4/2025 | million employed people |
| Unemployment rate | 8.36 | Q1/2026 | percent |
| Labor cost | 168.99 | Q3/2024 | index points |