Government Spending in Albania decreased to 37872 ALL Million in the first quarter of 2019 from 43533 ALL Million in the fourth quarter of 2018. Government Spending in Albania averaged 43299.31 ALL Million from 1996 until 2019, 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.

Government Spending in Albania is expected to be 40819.00 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 41137.00 in 12 months time. In the long-term, the Albania Government Spending is projected to trend around 44024.00 ALL Million in 2020, according to our econometric models.

Albania Government Spending
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Albania Government Last Previous Highest Lowest Unit
Government Debt to GDP 63.63 67.16 84.60 53.55 percent [+]
Government Budget -2.00 -2.00 -1.80 -13.10 percent of GDP [+]
Government Budget Value -3514.00 -6179.00 18434.00 -80883.00 ALL Million [+]
Government Spending 37872.00 43533.00 104247.00 30548.00 ALL Million [+]
Government Revenues 305869.00 265287.00 449389.00 4096.00 ALL Million [+]
Government Debt 1061477.00 1071283.00 1071283.00 636773.00 ALL Million [+]
Fiscal Expenditure 309383.00 271464.00 475910.00 4946.00 ALL Million [+]
Military Expenditure 160.00 144.00 254.00 66.30 USD Million [+]
Credit Rating 35.00 [+]
Government Spending To GDP 29.70 29.40 35.10 25.30 percent [+]


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. This page provides - Albania Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Government Spending - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
37872.00 43533.00 104247.00 30548.00 1996 - 2019 ALL Million Quarterly
Constant Prices 2010, NSA




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