Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
50% GDP
2024
Govt expenditure
25.4% GDP
2023
Budget deficit
1% GDP
2024

Price level

Albania is 57.4% cheaper than the USA overall (2024). Index: USA = 100.

Overall price level
42.6(USA=100)
2024

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 1998

YearDebt (% GDP)Change
199854.4—
201169.2+14.8
201264.1-5.1
201370.5+6.4
201472.9+2.5
201579.3+6.3
201679.9+0.6
201774.5-5.4
201863.6-10.9
201974.8+11.2
202083.5+8.6
202181.9-1.5
202258.5-23.4
202353-5.5
202450-3.1

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only