The Personal Income Tax Rate in Albania stands at 23 percent.

Personal Income Tax Rate in Albania averaged 18 percent from 2004 until 2018, reaching an all time high of 25 percent in 2005 and a record low of 10 percent in 2008. This page provides - Albania Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Personal Income Tax Rate - values, historical data and charts - was last updated on May of 2020.

Personal Income Tax Rate in Albania is expected to reach 23.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Personal Income Tax Rate is projected to trend around 23.00 percent in 2021, according to our econometric models.

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Albania Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
23.00 23.00 25.00 10.00 2004 - 2018 percent Yearly

Albania Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 15.00 15.00 23.00 10.00 percent [+]
Personal Income Tax Rate 23.00 23.00 25.00 10.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 20.00 percent [+]
Social Security Rate 24.50 24.50 27.90 24.50 percent [+]
Social Security Rate For Companies 15.00 15.00 16.70 15.00 percent [+]
Social Security Rate For Employees 9.50 9.50 11.20 9.50 percent [+]


Albania Personal Income Tax Rate
In Albania, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Albania.