Expense in Albania
Albania: Expense was 601.38 billion current LCU in 2023. ◆ Volatile
Expense in Albania, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Albania is 601.38 billion current LCU, measured in 2023. That is the highest value across all 20 years on record.
The figure is up 3.6% on the previous year and up 84.4% over ten years.
Over the whole period, expense in Albania peaked at 601.38 billion current LCU in 2023 and was at its lowest, 57.43 billion current LCU, in 1995.
Albania ranks 69th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Albania, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 57.43 billion current LCU | — |
| 1996 | 70.48 billion current LCU | +22.7% |
| 1997 | 84.76 billion current LCU | +20.3% |
| 1998 | 115.58 billion current LCU | +36.4% |
| 2002 | 151.60 billion current LCU | +31.2% |
| 2003 | 155.21 billion current LCU | +2.4% |
| 2004 | 168.14 billion current LCU | +8.3% |
| 2011 | 299.29 billion current LCU | +78.0% |
| 2012 | 306.65 billion current LCU | +2.5% |
| 2013 | 326.18 billion current LCU | +6.4% |
| 2014 | 340.21 billion current LCU | +4.3% |
| 2015 | 350.63 billion current LCU | +3.1% |
| 2016 | 352.76 billion current LCU | +0.6% |
| 2017 | 370.10 billion current LCU | +4.9% |
| 2018 | 380.81 billion current LCU | +2.9% |
| 2019 | 391.69 billion current LCU | +2.9% |
| 2020 | 407.45 billion current LCU | +4.0% |
| 2021 | 455.44 billion current LCU | +11.8% |
| 2022 | 580.50 billion current LCU | +27.5% |
| 2023 | 601.38 billion current LCU | +3.6% |
Albania compared with similar countries
- Albania's 601.38 billion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 1.9× the median. (47 countries reporting)
- Albania's 601.38 billion current LCU is above the median for Europe & Central Asia, which is 301.38 billion current LCU, 2.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Expense in Albania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +78.0% | 168.14 billion current LCU | 299.29 billion current LCU |
| 1998 | +36.4% | 84.76 billion current LCU | 115.58 billion current LCU |
| 2002 | +31.2% | 115.58 billion current LCU | 151.60 billion current LCU |
| 2022 | +27.5% | 455.44 billion current LCU | 580.50 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 82.06 billion current LCU | 57.43 billion current LCU | 115.58 billion current LCU | 4 |
| 2000s | 158.32 billion current LCU | 151.60 billion current LCU | 168.14 billion current LCU | 3 |
| 2010s | 346.48 billion current LCU | 299.29 billion current LCU | 391.69 billion current LCU | 9 |
| 2020s | 511.19 billion current LCU | 407.45 billion current LCU | 601.38 billion current LCU | 4 |
Countries ranked near Albania
More public sector data for Albania
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Albania?
- Expense in Albania was 601.38 billion current LCU 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 601.38 billion current LCU in 2023.
- What is the lowest expense recorded in Albania?
- The lowest recorded value was 57.43 billion current LCU in 1995.
- How does Albania rank for expense?
- Albania ranks 69th out of 157 countries with data for 2023.
- Is expense rising or falling in Albania?
- Over the last ten years it is up 84.4%. The long-run trend across the full record is volatile.
- 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.