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Price-pay ratio, the last two Albanian states in the region

2022-05-06 21:26:13Fokus SHKRUAR NGA REDAKSIA VOX

Price-pay ratio, the last two Albanian states in the region

The two Albanian states are the last in the region to meet citizens' ability to cope with monthly spending. Albania and Kosovo are not part of the region's most expensive countries, but compared to the average citizen's salary, purchasing capacity is lower.

According to data published by Radio Free Europe, Croatia is the most expensive country in the region and Kosovo the most free. But in relation to the purchasing power of citizens, where an indictor takes the average salary, Serbia ranks the cheapest in the region and Albania and Kosovo, along with Montenegro among the most expensive.

In Serbia the average salary is about $1350, while in Albania about $520 and Kosovo $466.

Montenegro has a wage of about $650, North Macedonia about $761 and Croatia about $1030.

According to Numbeo, worldwide, Bermuda and Switzerland are the most expensive countries for life, while Pakistan and Afghanistan are the cheapest.

Meanwhile, according to World Bank and IMF warnings, the price crisis caused by the war in Ukraine will hit developing countries harder. Both of these institutions have suggested safeguarding policies for layers in need and cutting spending and non-priority investment for the governments of these countries.

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