
The average monthly salary increases at the end of 2023, according to the latest INSTAT report. The data show that salaries in the state increased by 18% in the fourth quarter compared to the same period a year ago. While it seems that the private sector failed to follow the same steps with growth. In the private sector, wages increased by 11.6% for the same period.
The average gross monthly salary for a salaried employee, during the fourth quarter of 2023, is ALL 75,025, increasing by 13.7%, compared to the same quarter last year.
According to data from the Wage Statistics, during the fourth quarter of 2023, the economic activities that offer an average gross monthly salary, higher than the national average salary, are Financial and Insurance Activities and Information and Communication.
Compared to the same quarter of last year, during the fourth quarter of 2023 the average gross salary for the activity group of Public Administration and Defense; compulsory social insurance; education; health and social work activities, has the largest increase of 16.2%, while the activity group Financial and Insurance Activities has the smallest increase of 4.5%.
During the fourth quarter of 2023, the group-professions of "Managers, Legislators, Senior Officials of the State Administration and Executive Directors" and "Specialists with higher education (professionals)", offer the highest average gross monthly salaries, compared to the average salary at the national level.
