Albania recorded a government debt equivalent to 65.90 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance of the Republic of Albania

Government Debt to GDP in Albania averaged 54.95 percent from 1993 until 2019, reaching an all time high of 72.70 percent in 2015 and a record low of 4.80 percent in 1993. This page provides - Albania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Albania is expected to reach 75.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Government Debt to GDP is projected to trend around 75.10 percent of GDP in 2022 and 72.00 percent of GDP in 2023, according to our econometric models.

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Albania Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
65.90 67.90 72.70 4.80 1993 - 2019 percent of GDP Yearly

Albania Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.90 67.90 72.70 4.80 percent of GDP [+]
Government Budget -6.90 -1.90 -1.60 -12.60 percent of GDP [+]
Government Budget Value -31059.00 -29756.00 18434.00 -110569.00 ALL Million [+]
Government Spending 41813.24 47843.70 445792.55 30548.00 ALL Million [+]
Government Revenues 324226.00 281427.00 460349.00 4096.00 ALL Million [+]
Government Debt 1225259.00 1220922.00 1225259.00 636773.00 ALL Million [+]
Fiscal Expenditure 355284.00 311320.00 536474.00 4946.00 ALL Million [+]
Military Expenditure 216.00 197.00 285.00 74.40 USD Million [+]
Credit Rating 32.00 [+]
Government Spending To GDP 33.40 29.30 37.40 26.20 percent of GDP [+]

Albania Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.