Albania recorded a government debt equivalent to 65.90 percent of the country's Gross Domestic Product in 2019. source: Ministry of Finance of the Republic of Albania

Government Debt to GDP in Albania averaged 54.95 percent from 1993 until 2019, reaching an all time high of 72.70 percent in 2015 and a record low of 4.80 percent in 1993. This page provides - Albania Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Albania is expected to reach 75.30 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Government Debt to GDP is projected to trend around 75.10 percent in 2022 and 72.00 percent in 2023, according to our econometric models.

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Albania Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
65.90 67.90 72.70 4.80 1993 - 2019 percent Yearly

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 Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.