Economic affairs, Ratio of this level of government's expenditure on in Albania
Albania: Economic affairs, Ratio of this level of government's expenditure on was 1.05 in 2020. ▼ Falling
Economic affairs, Ratio of this level of government's expenditure on in Albania, 2011–2020
Source: International Monetary Fund.
Analysis
In 2020, economic affairs, ratio of this level of government's expenditure on in Albania stood at 1.05. That is the lowest value across all 10 years on record.
That represents a change of down 4.3% on the previous year and down 5.8% over ten years.
Over the whole period, economic affairs, ratio of this level of government's expenditure on in Albania peaked at 1.18 in 2014 and was at its lowest, 1.05, in 2020.
Albania ranks 3rd of 60 countries on this measure, in the top 10%.
Economic affairs, Ratio of this level of government's expenditure on in Albania, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 1.11 | — |
| 2012 | 1.14 | +2.7% |
| 2013 | 1.17 | +2.6% |
| 2014 | 1.18 | +0.6% |
| 2015 | 1.1 | -6.0% |
| 2016 | 1.16 | +4.7% |
| 2017 | 1.1 | -5.2% |
| 2018 | 1.13 | +3.3% |
| 2019 | 1.09 | -3.6% |
| 2020 | 1.05 | -4.3% |
Albania compared with similar countries
- Albania's 1.05 is above the median for upper middle income countries, which is 0.8209, 1.3× the median. (19 countries reporting)
- Albania's 1.05 is above the median for Europe & Central Asia, which is 0.7841, 1.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.13 | 1.09 | 1.18 | 9 |
| 2020s | 1.05 | 1.05 | 1.05 | 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 economic affairs, ratio of this level of government's expenditure on in Albania?
- Economic affairs, ratio of this level of government's expenditure on in Albania was 1.05 in 2020, according to International Monetary Fund.
- What is the highest economic affairs, ratio of this level of government's expenditure on recorded in Albania?
- The highest recorded value was 1.18 in 2014.
- What is the lowest economic affairs, ratio of this level of government's expenditure on recorded in Albania?
- The lowest recorded value was 1.05 in 2020.
- How does Albania rank for economic affairs, ratio of this level of government's expenditure on?
- Albania ranks 3rd out of 60 countries with data for 2020.
- Is economic affairs, ratio of this level of government's expenditure on rising or falling in Albania?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is falling.
- Where does this Albania data come from?
- The figures come from International Monetary Fund, published as part of Economic affairs, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.