Budget balance — all countries

Budget balance — Albania

Budget balance in Albania in 2031 — -2.2%. Ranked 88 in the world out of 188. Since 1997, the indicator has risen by 9.7 pp.

2031 -2.2% +0.1 pp vs 2030
World rank 88of 188
Period maximum -0.7%2024
Period minimum -11.9%1997

Trend over time

1997–2031 · % of GDP

Budget balance — Albania, 1997–2031-15-10-5019972001200520092013201720212025202920311997: -11.9%1998: -9.9%1999: -8.8%2000: -7.8%2001: -6.8%2002: -6.2%2003: -5%2004: -5.2%2005: -3.5%2006: -3.3%2007: -3.2%2008: -4.9%2009: -6.6%2010: -3.5%2011: -3.5%2012: -3.4%2013: -5.2%2014: -5.5%2015: -4.3%2016: -1.5%2017: -1.4%2018: -1.6%2019: -1.8%2020: -6.7%2021: -4.6%2022: -3.6%2023: -1.3%2024: -0.7%2025: -1.7%2026: -2%2027: -2.2%2028: -2.3%2029: -2.2%2030: -2.3%2031: -2.2%
Change over the period: +9.7 pp Annual average: 0.29 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Albania

Albania -2.2%
World computed -4.85%
Europe & Central Asia computed -2.49%
Southern Europe computed -2.33%
Budget balance — Albania, by year Albania All countries CSV XLSX
Year % Change, pp
2031 -2.2 +0.1 pp
2030 -2.3 −0.1 pp
2029 -2.2 +0.1 pp
2028 -2.3 −0.1 pp
2027 -2.2 −0.2 pp
2026 -2 −0.3 pp
2025 -1.7 −1 pp
2024 -0.7 +0.6 pp
2023 -1.3 +2.3 pp
2022 -3.6 +1 pp
2021 -4.6 +2.1 pp
2020 -6.7 −4.9 pp
2019 -1.8 −0.2 pp
2018 -1.6 −0.2 pp
2017 -1.4 +0.1 pp
2016 -1.5 +2.8 pp
2015 -4.3 +1.2 pp
2014 -5.5 −0.3 pp
2013 -5.2 −1.8 pp
2012 -3.4 +0.1 pp
2011 -3.5 +0 pp
2010 -3.5 +3.1 pp
2009 -6.6 −1.7 pp
2008 -4.9 −1.7 pp
2007 -3.2 +0.1 pp
2006 -3.3 +0.2 pp
2005 -3.5 +1.7 pp
2004 -5.2 −0.2 pp
2003 -5 +1.2 pp
2002 -6.2 +0.6 pp
2001 -6.8 +1 pp
2000 -7.8 +1 pp
1999 -8.8 +1.1 pp
1998 -9.9 +2 pp
1997 -11.9

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.