A recent survey on Albania’s inequality made by the state statistical institute INSTAT, has found that during 2016 the richest 10% of households spent 2.5 times more than the overwhelming 90% of Albanians.
In the meantime, consumer prices grew 1.3 % while Albanians household revenue grew only with 0.6%.
The data indicates that the 3.4% GDP growth during 2016 (due to major energy related investments) has failed to be redistributed among the average Albanian family.
The survey shows that the “food and non-alcoholic beverages” category continues to be the first budget of an average Albanian family accounting 45% of the total expenditures.
Adding to this the housing costs, Albanians achieve to spend only 4.8% of their monthly revenue on clothing and footwear, 4.4% on restaurants or hotels and 3% on culture and entertainment. An average family revenue varies from 422 euro/month in the poorest cities up to 630 euro/month in Tirana.
These data confirm the latest findings of the RCC Balkans Barometer