Deficit, Percent of own spending in Albania
Albania: Deficit, Percent of own spending was -0.3917 in 2020. ▬ Flat
Deficit, Percent of own spending in Albania, 2002–2020
Source: International Monetary Fund.
Analysis
In 2020, deficit, percent of own spending in Albania stood at -0.3917. That is the lowest value across all 13 years on record.
The figure is down 304.1% on the previous year and down 72.7% over ten years.
Over the whole period, deficit, percent of own spending in Albania peaked at -0.0969 in 2019 and was at its lowest, -0.3917, in 2020.
Albania ranks 49th of 66 countries on this measure, in the middle of the range.
Deficit, Percent of own spending in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | -0.2676 | — |
| 2003 | -0.1272 | -52.5% |
| 2004 | -0.1401 | +10.1% |
| 2011 | -0.2268 | +61.9% |
| 2012 | -0.2319 | +2.3% |
| 2013 | -0.3226 | +39.1% |
| 2014 | -0.2217 | -31.3% |
| 2015 | -0.1707 | -23.0% |
| 2016 | -0.1764 | +3.4% |
| 2017 | -0.1078 | -38.9% |
| 2018 | -0.1003 | -7.0% |
| 2019 | -0.0969 | -3.3% |
| 2020 | -0.3917 | +304.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.1783 | -0.2676 | -0.1272 | 3 |
| 2010s | -0.1839 | -0.3226 | -0.0969 | 9 |
| 2020s | -0.3917 | -0.3917 | -0.3917 | 1 |
Countries ranked near Albania
More public sector data for Albania
- Arms imports 12.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 225.26 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0198 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 34.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 535.47 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.5 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is deficit, percent of own spending in Albania?
- Deficit, percent of own spending in Albania was -0.3917 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Albania?
- The highest recorded value was -0.0969 in 2019.
- What is the lowest deficit, percent of own spending recorded in Albania?
- The lowest recorded value was -0.3917 in 2020.
- How does Albania rank for deficit, percent of own spending?
- Albania ranks 49th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Albania?
- Over the last ten years it is down 72.7%. The long-run trend across the full record is flat.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.