{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"al-compensation-of-employees-gdp","url":"https://apiardata.com/statistics/al-compensation-of-employees-gdp","html_url":"https://apiardata.com/statistics/al-compensation-of-employees-gdp/","title":"Albania Compensation of Employees (% of GDP) (2024)","description":"Albania's Compensation of Employees (% of GDP): 29.5 % of GDP (current prices) in 2024, +3.1pp YoY. Eurostat (NAMA_10_GDP), 2013–2024.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","Albania","2024"],"publisher":"Eurostat","frequency":"Annual","geography":"Albania","temporal_coverage":"2013/2024","unit":"% of GDP (current prices)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2024","variable_measured":"Albania Compensation of Employees (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_GDP/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2013–2024"},{"label":"Observations","value":"12"},{"label":"Geography","value":"Albania"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Albania (2024)","value":"29.5","unit":"% of GDP (current prices)","trend":{"direction":"up","value":"+3.1pp YoY"}},{"label":"YoY Change","value":"+3.1pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"12","unit":"years of data"}],"series":[{"key":"value","label":"Albania Compensation of Employees (% of GDP)"}],"observation_count":12,"observations":[{"period":"2013","value":22.4},{"period":"2014","value":21.4},{"period":"2015","value":27.4},{"period":"2016","value":25.2},{"period":"2017","value":26},{"period":"2018","value":23.8},{"period":"2019","value":25.2},{"period":"2020","value":25.9},{"period":"2021","value":26},{"period":"2022","value":24.6},{"period":"2023","value":26.4},{"period":"2024","value":29.5}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP (current prices)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"29.5","yoyChange":"+3.1pp"},{"year":"2023","value":"26.4","yoyChange":"+1.8pp"},{"year":"2022","value":"24.6","yoyChange":"-1.4pp"},{"year":"2021","value":"26.0","yoyChange":"+0.1pp"},{"year":"2020","value":"25.9","yoyChange":"+0.7pp"},{"year":"2019","value":"25.2","yoyChange":"+1.4pp"},{"year":"2018","value":"23.8","yoyChange":"-2.2pp"},{"year":"2017","value":"26.0","yoyChange":"+0.8pp"},{"year":"2016","value":"25.2","yoyChange":"-2.2pp"},{"year":"2015","value":"27.4","yoyChange":"+6.0pp"},{"year":"2014","value":"21.4","yoyChange":"-1.0pp"},{"year":"2013","value":"22.4","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks compensation of employees (wages, salaries, and social contributions) as a share of GDP in Albania from 2000 to present. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2013–2024 (12 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 29.5 % of GDP (current prices) in 2024 and reached its lowest recorded value of 21.4 in 2014. The latest reading of 29.5 in 2024 represents a change of +3.1pp."}]}