Government Spending in Albania decreased to 40746 ALL Million in the third quarter of 2019 from 41295 ALL Million in the second quarter of 2019.

Government Spending in Albania averaged 43217.96 ALL Million from 1996 until 2019, reaching an all time high of 104247 ALL Million in the fourth quarter of 2008 and a record low of 30548 ALL Million in the fourth quarter of 1997. This page provides - Albania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Spending - values, historical data and charts - was last updated on May of 2020.

Government Spending in Albania is expected to be 40572.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Albania to stand at 41765.00 in 12 months time. In the long-term, the Albania Government Spending is projected to trend around 42470.00 ALL Million in 2021 and 44084.00 ALL Million in 2022, according to our econometric models.

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Albania Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
40746.00 41295.00 104247.00 30548.00 1996 - 2019 ALL Million Quarterly
Constant Prices 2010, NSA

Albania Government Last Previous Highest Lowest Unit
Government Debt to GDP 63.63 67.16 84.60 53.55 percent [+]
Government Budget -1.60 -2.00 -1.60 -12.60 percent of GDP [+]
Government Budget Value -15620.00 -2207.00 18434.00 -80883.00 ALL Million [+]
Government Spending 40746.00 41295.00 104247.00 30548.00 ALL Million [+]
Government Revenues 133056.00 103979.00 460349.00 4096.00 ALL Million [+]
Government Debt 1117842.00 1070191.00 1117842.00 636773.00 ALL Million [+]
Fiscal Expenditure 148676.00 106186.00 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 Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.