Albania recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance of the Republic of Albania

Government Budget in Albania averaged -5.80 percent of GDP from 1993 until 2019, 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 July of 2021.

Government Budget in Albania is expected to reach -5.50 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 Budget is projected to trend around -3.00 percent of GDP in 2022 and -2.50 percent of GDP in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Albania Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -1.60 -1.60 -12.60 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 -1.90 -1.60 -1.60 -12.60 percent of GDP [+]
Government Budget Value -14653.00 -7162.00 18434.00 -110569.00 ALL Million [+]
Government Spending 48086.00 41485.00 104247.00 30548.00 ALL Million [+]
Government Revenues 234289.00 191602.00 460349.00 4096.00 ALL Million [+]
Government Debt 1220922.00 1174997.00 1220922.00 636773.00 ALL Million [+]
Fiscal Expenditure 263380.00 211940.00 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 29.30 29.10 37.40 26.20 percent of GDP [+]


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.