Albania Public Consumption: % of GDP

Albania Public Consumption accounted for 12.0 % of its Nominal GDP in Mar 2021, compared with a share of 12.6 % in the previous quarter. Albania Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2008 to Mar 2021, with an average number of 11.1 %. The data reached an all-time high of 12.8 % in Dec 2008 and a record low of 9.2 % in Mar 2008. CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Institute of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.

In the latest reports, Albania GDP expanded 3.0 % YoY in Dec 2020. Albania Nominal GDP reached 4.1 USD bn in Dec 2020. Its GDP deflator (implicit price deflator) fell 0.3 % in Dec 2020. Albania GDP Per Capita reached 5,356.2 USD in Dec 2019. Its Gross Savings Rate was measured at 4.3 % in Mar 2021. For Nominal GDP contributions, Investment accounted for 19.7 % in Mar 2021. Private Consumption accounted for 83.7 % in Mar 2021.

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What was Albania's Public Consumption: % of GDP in Mar 2021?

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