World Economic Forum: Inequality and poverty have increased in Albania

World Economic Forum: Inequality and poverty have increased in Albania
In its latest report dubbed “The inclusive growth and development report” for 2017, World Economic Forum says that net income inequality  has seen an increase of 7.7% in the last five years.

The forum also reports that poverty has been on the rise. According to it, the number of Albanians living in poverty grew by 0.7% and poverty rate is 6.8%. For developing countries, this indicator is calculated as the percentage of population living on less than 3.1 USD a day.

Another decrease is reported in the daily median incomes per capita by 0.1%. The only indicator which has seen an improvement is the wealth inequality, which has decreased by 1.8%.

On the other hand, in the ranking made by the World Forum, Albania finds itself 28th out of 74 countries.

The country has scored 4.08 points, where 1 is the lowest score and 7 is the highest. The best performer of the ranking is Lithuania, while the worst one is Mozambique. /balkaneu.com/

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