Albania recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2021. source: Ministry of Finance of the Republic of Albania

Government Budget in Albania averaged -5.80 percent of GDP from 1993 until 2021, reaching an all time high of -1.60 percent of GDP in 2018 and a record low of -12.60 percent of GDP in 1997. This page provides - Albania Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Budget - values, historical data and charts - was last updated on February of 2023.

Government Budget in Albania is expected to reach -3.50 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Government Budget is projected to trend around -3.00 percent of GDP in 2024 and -2.50 percent of GDP in 2025, according to our econometric models.

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Albania Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 78.10 75.70 percent of GDP Dec 2021
Government Budget -4.80 -6.80 percent of GDP Dec 2021
Government Budget Value 9224.00 10371.00 ALL Million Nov 2022
Government Revenues 522866.00 476121.00 ALL Million Nov 2022
Government Debt 1331336.00 1334521.00 ALL Million Sep 2022
Fiscal Expenditure 513642.00 465750.00 ALL Million Nov 2022
Government Spending to GDP 33.70 33.20 percent of GDP Dec 2021

Albania Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -6.80 -1.60 -12.60 1993 - 2021 percent of GDP Yearly