Military Expenditure in Albania increased to 160 USD Million in 2018 from 144 USD Million in 2017.

Military Expenditure in Albania averaged 144.14 USD Million from 1989 until 2018, reaching an all time high of 254 USD Million in 1990 and a record low of 66.30 USD Million in 1998. Albania Military Expenditure - values, historical data and charts - was last updated on June of 2020. source: SIPRI

Military Expenditure in Albania is expected to reach 159.57 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Military Expenditure is projected to trend around 157.42 USD Million in 2021 and 159.27 USD Million in 2022, according to our econometric models.

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Albania Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
160.00 144.00 254.00 66.30 1989 - 2018 USD Million Yearly
constant 2017 prices

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 [+]