IMF: Albania among the lowest in Europe for income per capita, and 85th in the world according to purchasing power

Albania ranks 85th in the world for per capita income in dollars and 85th in another key measure, per capita income according to purchasing power parity (PPP), for 2025.

The data, released based on IMF statistics, show that for both indicators, Albania is among the lowest in Europe.

Per capita income relative to the size of the economy reached $11,000 in 2025, according to IMF data. At this level, Albania surpasses North Macedonia ($10,377) and Bosnia and Herzegovina ($9,467), whereas a few years ago it ranked below them.

Meanwhile, the poorest country in Europe remains Kosovo ($8,033 per capita). In recent years, Albania has benefited from the devaluation of the Euro and Dollar, which has automatically increased the population’s per capita income.

In the region, Serbia leads with $15,300 per capita, surpassing Montenegro ($14,900), which had held the top spot for many years.

Albania’s per capita income is just 28% of the European average and 23.7% of the European Union average ($46,804). It has not yet reached the global average of $14,600 per capita, remaining at 76% of it.

In the other indicator, per capita income according to purchasing power parity (PPP, measured in international dollars), Albania ranks below North Macedonia, indicating that money in the country has less value than in the neighboring state due to higher living costs, even though nominal income is higher. Albania ranks 85th globally at $23,300 international dollars. North Macedonia is 77th, Bosnia and Herzegovina 89th, and Kosovo 98th.

This indicator, GDP per capita adjusted for PPP, shows how much economic output, on average, belongs to each resident in a country, taking into account how expensive or cheap goods and services are locally.

Unlike per capita GDP calculated only at exchange rates, PPP adjusts for price differences between countries, converting income into what is called “international dollars,” representing equal purchasing power everywhere. In simple terms, this measure shows not only how much an economy produces per person but also how much a person can actually buy with that money in their own country, making it useful for comparing living standards between countries.

“KORÇA BOOM”