Goods and services expense in Albania
Albania: Goods and services expense was 8.7% in 2023. ▼ Falling
Goods and services expense in Albania, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Albania recorded 8.7% for goods and services expense in 2023.
The figure is up 6.3% on the previous year and down 13.3% over ten years.
Over the whole period, goods and services expense in Albania peaked at 17.6% in 1995 and was at its lowest, 7.4%, in 2014.
That places Albania 119th out of 154 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Goods and services expense in Albania, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 17.6% | — |
| 1996 | 10.4% | -40.9% |
| 1998 | 9.0% | -13.8% |
| 2002 | 14.8% | +64.8% |
| 2003 | 11.4% | -22.4% |
| 2004 | 11.7% | +2.4% |
| 2011 | 9.2% | -21.8% |
| 2012 | 9.0% | -2.2% |
| 2013 | 10.1% | +12.5% |
| 2014 | 7.4% | -26.8% |
| 2015 | 8.3% | +12.8% |
| 2016 | 9.3% | +11.9% |
| 2017 | 9.0% | -2.9% |
| 2018 | 9.0% | -1.0% |
| 2019 | 9.3% | +4.3% |
| 2020 | 9.0% | -3.6% |
| 2021 | 9.4% | +4.3% |
| 2022 | 8.2% | -12.5% |
| 2023 | 8.7% | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.3% | 9.0% | 17.6% | 3 |
| 2000s | 12.6% | 11.4% | 14.8% | 3 |
| 2010s | 9.0% | 7.4% | 10.1% | 9 |
| 2020s | 8.8% | 8.2% | 9.4% | 4 |
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 goods and services expense in Albania?
- Goods and services expense in Albania was 8.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Albania?
- The highest recorded value was 17.6% in 1995.
- What is the lowest goods and services expense recorded in Albania?
- The lowest recorded value was 7.4% in 2014.
- How does Albania rank for goods and services expense?
- Albania ranks 119th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Albania?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.