Albania Consolidated Fiscal Balance: % of GDP
Albania Consolidated Fiscal Balance recorded a deficit equal to 1.9 % of its Nominal GDP in Dec 2019, compared with a deficit equal to 1.6 % in the previous year. Albania Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1997 to Dec 2019, with an average ratio of -4.9 %. The data reached an all-time high of -1.6 % in Dec 2018 and a record low of -12.7 % in Dec 1997. CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance of Republic of Albania provides Consolidated Fiscal Balance in local currency. The Institute of Statistics of Albania provides Nominal GDP in local currency based on ESA 2010. Nominal GDP prior to 2008 is based on ESA 1995.
In the latest reports, Albania National Government Debt reached 11.4 USD bn in Sep 2020. Albania Nominal GDP reached 3.2 USD bn in Jun 2020.
View Albania's Consolidated Fiscal Balance: % of GDP from 1997 to 2019 in the chart:
What was Albania's Consolidated Fiscal Balance: % of GDP in 2019?
|-1.9 2019||-1.6 2018||-12.7 1997||-1.6 2018||%||yearly||1997 - 2019|
Consolidated Fiscal Balance: % of GDP by Country Comparison
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|Albania (%)||-1.9 2019||yearly||1997 - 2019|
|Algeria (%)||-8.8 2017||yearly||1994 - 2017|
|Argentina (%)||-7.2 Jun 2020||quarterly||Dec 2004 - Jun 2020|
|Armenia (%)||-3.5 Jun 2020||quarterly||Dec 2002 - Jun 2020|
|Australia (%)||-7.2 Jun 2020||quarterly||Jun 2003 - Jun 2020|
|Austria (%)||-3.8 Jun 2020||quarterly||Dec 2001 - Jun 2020|
|Azerbaijan (%)||0.1 Nov 2020||monthly||Dec 2004 - Nov 2020|
|Bahrain (%)||-5.0 2014||yearly||1998 - 2014|
|Bangladesh (%)||-4.8 2019||yearly||2006 - 2019|
|Belarus (%)||-1.1 Jun 2020||quarterly||Sep 2006 - Jun 2020|
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