Albania recorded a government budget deficit of 7162 ALL Million in March of 2021. source: Ministry of Finance of the Republic of Albania

Government Budget Value in Albania averaged -15331 ALL Million from 1997 until 2021, reaching an all time high of 18434 ALL Million in March of 2016 and a record low of -110569 ALL Million in December of 2020. This page provides - Albania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Budget Value - values, historical data and charts - was last updated on May of 2021.

Government Budget Value in Albania is expected to be -982.62 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Albania to stand at -1001.55 in 12 months time. In the long-term, the Albania Government Budget Value is projected to trend around -1001.55 ALL Million in 2022, according to our econometric models.

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Albania Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-7162.00 354.00 18434.00 -110569.00 1997 - 2021 ALL Million Monthly
Current Prices, NSA

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 -7162.00 354.00 18434.00 -110569.00 ALL Million [+]
Government Spending 48086.00 41485.00 104247.00 30548.00 ALL Million [+]
Government Revenues 108591.00 69529.00 460349.00 4096.00 ALL Million [+]
Government Debt 1220922.00 1174997.00 1220922.00 636773.00 ALL Million [+]
Fiscal Expenditure 115753.00 69175.00 536474.00 4946.00 ALL Million [+]
Government Spending To GDP 29.30 29.10 37.40 26.20 percent [+]
Military Expenditure 197.00 176.00 286.00 74.60 USD Million [+]
Credit Rating 32.00 [+]

Albania Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.