Government Spending in Albania increased to 48086 ALL Million in the fourth quarter of 2020 from 41485 ALL Million in the third quarter of 2020. source: Instituti i Statistikave (INSTAT)

Government Spending in Albania averaged 43330.85 ALL Million from 1996 until 2020, 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 May of 2021.

Government Spending in Albania is expected to be 40958.00 ALL Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Albania to stand at 41196.00 in 12 months time. In the long-term, the Albania Government Spending is projected to trend around 43256.00 ALL Million in 2022 and 45419.00 ALL Million in 2023, according to our econometric models.

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.

Please Paste this Code in your Website
Albania Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
48086.00 41485.00 104247.00 30548.00 1996 - 2020 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 [+]
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 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.