Prosperity gap (average shortfall from a prosperity standard) in Albania
Albania: Prosperity gap (average shortfall from a prosperity standard) was 2.5 average shortfall from a prosperity standard of $28/day in 2020. ▼ Falling
Prosperity gap in Albania, 1996–2020
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
In 2020, prosperity gap in Albania stood at 2.5 average shortfall from a prosperity standard of $28/day. That is the lowest value across all 12 years on record.
That represents a change of down 3.8% on the previous year and down 28.6% over ten years.
Over the whole period, prosperity gap in Albania peaked at 4.4 average shortfall from a prosperity standard of $28/day in 2002 and was at its lowest, 2.5 average shortfall from a prosperity standard of $28/day, in 2020.
That places Albania 62nd out of 123 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Prosperity gap (average shortfall from a prosperity standard) in Albania, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1996 | 4.2 average shortfall from a prosperity standard of $28/day | — |
| 2002 | 4.4 average shortfall from a prosperity standard of $28/day | +4.8% |
| 2005 | 3.9 average shortfall from a prosperity standard of $28/day | -11.4% |
| 2008 | 3.5 average shortfall from a prosperity standard of $28/day | -10.3% |
| 2012 | 3.6 average shortfall from a prosperity standard of $28/day | +2.9% |
| 2014 | 3.8 average shortfall from a prosperity standard of $28/day | +5.6% |
| 2015 | 3 average shortfall from a prosperity standard of $28/day | -21.1% |
| 2016 | 3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2017 | 3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2018 | 2.7 average shortfall from a prosperity standard of $28/day | -10.0% |
| 2019 | 2.6 average shortfall from a prosperity standard of $28/day | -3.7% |
| 2020 | 2.5 average shortfall from a prosperity standard of $28/day | -3.8% |
Albania compared with similar countries
- Albania's 2.5 average shortfall from a prosperity standard of $28/day is below the median for upper middle income countries, which is 2.65 average shortfall from a prosperity standard of $28/day, 94% of the median. (38 countries reporting)
- Albania's 2.5 average shortfall from a prosperity standard of $28/day is above the median for Europe & Central Asia, which is 1.3 average shortfall from a prosperity standard of $28/day, 1.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.2 average shortfall from a prosperity standard of $28/day | 4.2 average shortfall from a prosperity standard of $28/day | 4.2 average shortfall from a prosperity standard of $28/day | 1 |
| 2000s | 3.93 average shortfall from a prosperity standard of $28/day | 3.5 average shortfall from a prosperity standard of $28/day | 4.4 average shortfall from a prosperity standard of $28/day | 3 |
| 2010s | 3.1 average shortfall from a prosperity standard of $28/day | 2.6 average shortfall from a prosperity standard of $28/day | 3.8 average shortfall from a prosperity standard of $28/day | 7 |
| 2020s | 2.5 average shortfall from a prosperity standard of $28/day | 2.5 average shortfall from a prosperity standard of $28/day | 2.5 average shortfall from a prosperity standard of $28/day | 1 |
Countries ranked near Albania
- 59 Jamaica 2.6 average shortfall from a prosperity standard of $28/day compare
- 59 Moldova 2.6 average shortfall from a prosperity standard of $28/day compare
- 59 Vietnam 2.6 average shortfall from a prosperity standard of $28/day compare
- 62 Mexico 2.5 average shortfall from a prosperity standard of $28/day compare
- 62 Paraguay 2.5 average shortfall from a prosperity standard of $28/day compare
- 62 Tunisia 2.5 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Albania
- Number of income/consumption surveys in the past decade available via the World Bank 5 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.35 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 5,170 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -0.5922 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 25.47 (2023)
- Tax revenue as share of GDP vs. income inequality 25.5% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is prosperity gap in Albania?
- Prosperity gap in Albania was 2.5 average shortfall from a prosperity standard of $28/day in 2020, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Albania?
- The highest recorded value was 4.4 average shortfall from a prosperity standard of $28/day in 2002.
- What is the lowest prosperity gap recorded in Albania?
- The lowest recorded value was 2.5 average shortfall from a prosperity standard of $28/day in 2020.
- How does Albania rank for prosperity gap?
- Albania ranks 62nd out of 123 countries with data for 2020.
- Is prosperity gap rising or falling in Albania?
- Over the last ten years it is down 28.6%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.