Subsidies and other transfers in Albania
Albania: Subsidies and other transfers was 58.8% in 2023. ▲ Rising
Subsidies and other transfers in Albania, 1995–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in Albania is 58.8%, measured in 2023.
That represents a change of down 0.1% on the previous year and up 26.4% over ten years.
Over the whole period, subsidies and other transfers in Albania peaked at 63.9% in 1996 and was at its lowest, 35.6%, in 2002.
That places Albania 33rd out of 152 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Subsidies and other transfers in Albania, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 58.7% | — |
| 1996 | 63.9% | +8.9% |
| 1997 | 51.3% | -19.9% |
| 1998 | 49.3% | -3.7% |
| 2002 | 35.6% | -27.9% |
| 2003 | 36.9% | +3.8% |
| 2004 | 41.7% | +13.0% |
| 2011 | 45.4% | +8.9% |
| 2012 | 45.6% | +0.5% |
| 2013 | 46.5% | +2.0% |
| 2014 | 48.2% | +3.6% |
| 2015 | 47.0% | -2.5% |
| 2016 | 52.0% | +10.6% |
| 2017 | 53.4% | +2.7% |
| 2018 | 53.4% | +0.0% |
| 2019 | 53.3% | -0.2% |
| 2020 | 54.7% | +2.7% |
| 2021 | 54.3% | -0.8% |
| 2022 | 58.9% | +8.5% |
| 2023 | 58.8% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.8% | 49.3% | 63.9% | 4 |
| 2000s | 38.1% | 35.6% | 41.7% | 3 |
| 2010s | 49.4% | 45.4% | 53.4% | 9 |
| 2020s | 56.7% | 54.3% | 58.9% | 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 subsidies and other transfers in Albania?
- Subsidies and other transfers in Albania was 58.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Albania?
- The highest recorded value was 63.9% in 1996.
- What is the lowest subsidies and other transfers recorded in Albania?
- The lowest recorded value was 35.6% in 2002.
- How does Albania rank for subsidies and other transfers?
- Albania ranks 33rd out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Albania?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.