Albania recorded a government budget deficit of 58423 ALL Million in September of 2020.

Government Budget Value in Albania averaged -14838.33 ALL Million from 1997 until 2020, reaching an all time high of 18434 ALL Million in March of 2016 and a record low of -80883 ALL Million in August of 2009. 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 October of 2020.

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 -982.62 in 12 months time. In the long-term, the Albania Government Budget Value is projected to trend around -1001.55 ALL Million in 2021, according to our econometric models.

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Albania Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-58423.00 -2850.00 18434.00 -80883.00 1997 - 2020 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 -58423.00 -2850.00 18434.00 -80883.00 ALL Million [+]
Government Spending 39688.00 46289.00 104247.00 30548.00 ALL Million [+]
Government Revenues 307829.00 270702.00 460349.00 4096.00 ALL Million [+]
Government Debt 1219669.00 1117842.00 1219669.00 636773.00 ALL Million [+]
Fiscal Expenditure 366252.00 322954.00 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 [+]


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.