Government Spending in Albania decreased to 41813.24 ALL Million in the first quarter of 2021 from 47843.70 ALL Million in the fourth quarter of 2020. source: Instituti i Statistikave (INSTAT)

Government Spending in Albania averaged 43302.47 ALL Million from 1996 until 2021, reaching an all time high of 104247 ALL Million in the fourth quarter of 2008 and a record low of 30548 ALL Million in the fourth quarter of 1997. This page provides - Albania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Albania is expected to be 42890.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Government Spending is projected to trend around 52145.00 ALL Million in 2022 and 54752.00 ALL Million in 2023, according to our econometric models.

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Albania Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
41813.24 47843.70 445792.55 30548.00 1996 - 2021 ALL Million Quarterly
Constant Prices 2010, NSA

Albania Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.90 67.90 72.70 4.80 percent of GDP [+]
Government Budget -6.90 -1.90 -1.60 -12.60 percent of GDP [+]
Government Budget Value -29141.00 -20669.00 18434.00 -110569.00 ALL Million [+]
Government Spending 41813.24 47843.70 445792.55 30548.00 ALL Million [+]
Government Revenues 324226.00 281427.00 460349.00 4096.00 ALL Million [+]
Government Debt 1225259.00 1220922.00 1225259.00 636773.00 ALL Million [+]
Fiscal Expenditure 355284.00 311320.00 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 33.40 29.30 37.40 26.20 percent of GDP [+]

Albania Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.