WB, Alarming Figures on Poverty in Albania
Albanian Daily News
Published October 24, 2017
The number of poor people in Albania is relatively high. The latest figures published by World Bank through "Migration and Mobility' report indicate that 6.3% of the country's population, the equivalent of 181.225 people, live with only USD 3 per day. Likewise, according to the same report, more than 20.000 people live with USD 1.9 per day.
Meantime the moderate poverty, a living-level measurement of USD 5.5 a day is widespread in Albania. The International Financial Institution estimates that 32.8% of the population or about 1 million people finance their livelihoods by about USD 5 per day.
Albania ranks in a worst position compared to the other countries of the Balkans region. The percentage of the population living at about USD 5 per day is much lower in Serbia, Macedonia, and Bosnia. Even in Kosovo, the percentage of the population living in extreme poverty is lower than in Albania with only 0.2% of the total population.