Government Spending in Albania increased to 65922.32 ALL Million in the second quarter of 2024 from 42562 ALL Million in the first quarter of 2024. Government Spending in Albania averaged 44078.83 ALL Million from 1996 until 2024, reaching an all time high of 104247.00 ALL Million in the fourth quarter of 2008 and a record low of 30548.00 ALL Million in the fourth quarter of 1997. source: Instituti i Statistikave (INSTAT)

Government Spending in Albania is expected to be 44264.00 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 70752.00 ALL Million in 2026 and 73723.00 ALL Million in 2027, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 37.00 Jan 2025
Fiscal Expenditure 575332.00 519226.00 ALL Million Nov 2024
Government Budget -1.40 -3.70 percent of GDP Dec 2023
Government Budget Value 71675.00 70586.00 ALL Million Nov 2024
Government Debt 1314141.00 1319965.00 ALL Million Sep 2024
Government Debt to GDP 58.90 64.50 percent of GDP Dec 2023
Government Revenues 647007.00 589813.00 ALL Million Nov 2024
Government Spending 65922.32 42562.00 ALL Million Jun 2024
Government Spending to GDP 29.20 30.40 percent of GDP Dec 2023
Holidays
Military Expenditure 397.60 228.70 USD Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
65922.32 42562.00 104247.00 30548.00 1996 - 2024 ALL Million Quarterly
Constant Prices 2010, NSA