Expense in Albania
Albania: Expense was 25.4% in 2023. ▬ Flat
Expense in Albania, 1995–2023
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.
Expense in Albania, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 21.3% | — |
| 1996 | 20.9% | -2.2% |
| 1997 | 25.2% | +20.8% |
| 1998 | 29.4% | +16.7% |
| 2002 | 23.9% | -18.7% |
| 2003 | 22.2% | -7.4% |
| 2004 | 22.1% | -0.2% |
| 2011 | 22.9% | +3.4% |
| 2012 | 23.1% | +1.2% |
| 2013 | 24.1% | +4.2% |
| 2014 | 24.3% | +0.6% |
| 2015 | 24.3% | +0.0% |
| 2016 | 23.7% | -2.3% |
| 2017 | 23.4% | -1.1% |
| 2018 | 22.9% | -2.2% |
| 2019 | 22.9% | -0.2% |
| 2020 | 24.6% | +7.5% |
| 2021 | 24.4% | -0.8% |
| 2022 | 27.0% | +10.7% |
| 2023 | 25.4% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Albania
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.74 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.47 Percent per annum (2029)
- Services, value added (constant LCU), per capita 458,269 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 12.7 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8634 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 11,223 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.05 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 74.95 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 974,200 current LCU per person (2025)
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
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.