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

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 October of 2020.

Government Debt to GDP in Albania is expected to reach 80.00 percent by the end of 2020, 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 80.50 percent in 2021 and 75.00 percent in 2022, 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 Yearly

Albania Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.90 67.90 72.70 4.80 percent [+]
Government Budget -1.90 -1.60 -1.60 -12.60 percent of GDP [+]
Government Budget Value -58423.00 -2850.00 18434.00 -80883.00 ALL Million [+]
Government Spending 39688.00 46289.00 104247.00 30548.00 ALL Million [+]
Government Revenues 307829.00 270702.00 460349.00 4096.00 ALL Million [+]
Government Debt 1219669.00 1117842.00 1219669.00 636773.00 ALL Million [+]
Fiscal Expenditure 366252.00 322954.00 491897.00 4946.00 ALL Million [+]
Military Expenditure 160.00 144.00 254.00 66.30 USD Million [+]
Credit Rating 32.00 [+]
Government Spending To GDP 28.90 29.70 37.40 26.20 percent [+]

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.