Albania Poverty Rate
Poverty headcount ratio at $2.15/day SI.POV.DDAY
Albania's poverty rate was 0.30% in 2020, ranked 23rd globally. This represents a 0.0% increase from 2019. Data from World Bank, covering 1996–2020.
Overview
Albania's poverty rate stood at 0.30% in 2020, a rise of +0.00pp from 2019. Albania ranked 23rd globally.
Albania experienced a significant reduction in its poverty rate over a twelve year coverage period. The indicator began at 3.00% in 1996 before climbing to an all-time peak of 4.20% in 2002. Following this peak, the rate declined steadily, eventually reaching an all-time trough of 0.30% in 2020. This latest figure of 0.30% places Albania in a similar statistical position to peer countries such as Norway and the Slovak Republic, which also recorded rates of 0.30% in the same period. The data reflects a long-term trajectory of improvement in living standards and economic stability since the early 2000s. Maintaining this low level of poverty will depend on the country's ability to sustain economic growth and implement effective social safety nets. Future fluctuations in the poverty rate will likely be driven by regional geopolitical stability and the success of ongoing structural reforms within the national economy.
Data & projection
| Year | Poverty Rate | YoY change | Rank |
|---|---|---|---|
| 2020 | 0.30% | +0.00pp | #23 |
| 2019 | 0.30% | −0.70pp | #27 |
| 2018 | 1.00% | −0.40pp | #43 |
| 2017 | 1.40% | +0.30pp | #46 |
| 2016 | 1.10% | +0.00pp | #38 |
| 2015 | 1.10% | −2.60pp | #41 |
| 2014 | 3.70% | +1.90pp | #52 |
| 2012 | 1.80% | +1.00pp | #47 |
| 2008 | 0.80% | −1.90pp | #38 |
| 2005 | 2.70% | −1.50pp | #36 |
| 2002 | 4.20% | +1.20pp | #26 |
| 1996 | 3.00% | – | #15 |
Detected Pattern
Analysis
Albania matched the Orthodox Tightening Cycle pattern in 1997. Historically, 57% of countries showing this pattern (177 out of 311) saw poverty rate improve within 24 months. View full analysis →
Frequently Asked Questions
Albania's poverty rate was 0.30% in 2020. Ranked 23rd globally. This represents a 0.0% increase from the previous year.
Albania's poverty rate peaked at 4.20% in 2002.
The lowest poverty rate in Albania was 0.30% in 2019.
Albania ranks 23rd globally in poverty rate as of 2020.
The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.
The poverty rate of Albania in 2020 was 0.30%. This ranks 23rd in the world.
Cite this page
@misc{historysaid_albania_poverty-rate,
title = {Albania Poverty Rate},
url = {https://historysaid.com/albania/poverty-rate/},
publisher = {HistorySaid},
year = {2026}
}