Home/Countries/Albania/Government Expense (% of GDP)

Albania—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #75 of 138Series years: 2002–2023
Latest Value
25.4%
2023
YoY Change
-5.8%
2022 → 2023
Global Rank
#75
of 138 countries
Maximum
27.0%
2022
Minimum
22.1%
2004
CAGR
+0.3%
16 years
Last
25.4%
Previous
27.0%
Highest
27.0%
Lowest
22.1%
Unit
% of GDP
Source
World Bank World Development Indicators

Albania's government expense (% of GDP) was 25.4% in 2023, ranking #75 out of 138 countries. This represents a -5.8% change from 2022. Over the past 16 years, the highest recorded value was 27.0% (2022) and the lowest was 22.1% (2004). Data sourced from the World Bank World Development Indicators.

Albania — Government Expense (% of GDP): 25.4359718739727 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202325.4%-5.8%
202227.0%+10.7%
202124.4%-0.8%
202024.6%+7.5%
201922.9%-0.2%
201822.9%-2.2%
201723.4%-1.1%
201623.7%-2.3%
201524.3%+0.0%
201424.3%+0.6%
201324.1%+4.2%
201223.1%+1.2%
201122.9%+3.4%
200422.1%-0.2%
200322.2%-7.4%
200223.9%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →