Expense in Albania

Albania: Expense was 25.4% in 2023. ▬ Flat

Latest (2023)
25.4%
Change on year
down 5.8%
World rank
82nd
of 157 countries
All-time high
29.4%
in 1998
All-time low
20.9%
in 1996
Years of data
20
1995–2023

Expense in Albania, 1995–2023

01020301995200920231995: 21.3 % of GDP1996: 20.9 % of GDP1997: 25.2 % of GDP1998: 29.4 % of GDP2002: 23.9 % of GDP2003: 22.2 % of GDP2004: 22.1 % of GDP2011: 22.9 % of GDP2012: 23.1 % of GDP2013: 24.1 % of GDP2014: 24.3 % of GDP2015: 24.3 % of GDP2016: 23.7 % of GDP2017: 23.4 % of GDP2018: 22.9 % of GDP2019: 22.9 % of GDP2020: 24.6 % of GDP2021: 24.4 % of GDP2022: 27 % of GDP2023: 25.4 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2023, expense in Albania stood at 25.4%.

That represents a change of down 5.8% on the previous year and up 5.4% over ten years.

Over the whole period, expense in Albania peaked at 29.4% in 1998 and was at its lowest, 20.9%, in 1996.

Albania ranks 82nd of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 24.2% 20.9% 29.4% 4
2000s 22.7% 22.1% 23.9% 3
2010s 23.5% 22.9% 24.3% 9
2020s 25.4% 24.4% 27.0% 4

Countries ranked near Albania

  1. 79 Bahrain 26.1% compare
  2. 80 Mozambique 26.0% compare
  3. 81 Jordan 25.9% compare
  4. 83 Georgia 25.2% compare
  5. 84 Zambia 25.1% compare
  6. 85 Saint Vincent and the Grenadines 24.7% compare

See the full ranking of 183 places →

More economy & growth data for Albania

All data for Albania →

Frequently asked questions

What is expense in Albania?
Expense in Albania was 25.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Albania?
The highest recorded value was 29.4% in 1998.
What is the lowest expense recorded in Albania?
The lowest recorded value was 20.9% in 1996.
How does Albania rank for expense?
Albania ranks 82nd out of 157 countries with data for 2023.
Is expense rising or falling in Albania?
Over the last ten years it is up 5.4%. The long-run trend across the full record is flat.
Where does this Albania data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.