Albania Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Albania's budget deficit was -1.72% in 2025, ranked 60th globally. This represents a 137.7% decrease from 2024. Data from IMF WEO, covering 1997–2025.
Overview
Albania's budget deficit stood at -1.72% in 2025, a decline of +1.00% from 2024. The IMF projects -1.72% by 2025. Albania ranked 60th globally.
Albania's budget deficit has shown a significant improvement over the past 29 years, from an all-time trough of -11.90 in 1997 to a latest value of -1.72 in 2025, ranking 60th globally. The country's closest peers in terms of budget deficit, such as Comoros and San Marino, also have similar deficit levels, with Comoros having the same deficit value of -1.72. The all-time peak of -0.72 was reached in 2024, indicating a continued trend of fiscal consolidation. Compared to its earliest recorded value, Albania has made substantial progress in managing its budget. As the country continues to navigate its economic trajectory, a sustained focus on fiscal discipline would be necessary to maintain the current trend, and any significant changes in government spending or revenue collection policies could alter the course of its budget deficit in the coming years.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.75% | - | - |
| 2029* IMF | -1.84% | - | - |
| 2028* IMF | -1.89% | - | - |
| 2027* IMF | -1.91% | - | - |
| 2026* IMF | -1.90% | - | - |
| 2025* IMF | -1.72% | - | - |
| 2025 | -1.72% | −1.00% | #60 |
| 2024 | -0.73% | +0.59% | #143 |
| 2023 | -1.32% | +2.32% | #127 |
| 2022 | -3.64% | +0.93% | #82 |
| 2021 | -4.57% | +2.09% | #87 |
| 2020 | -6.67% | −4.74% | #87 |
| 2019 | -1.92% | −0.32% | #93 |
| 2018 | -1.60% | −0.19% | #97 |
| 2017 | -1.41% | +0.09% | #117 |
| 2016 | -1.50% | +2.82% | #122 |
| 2015 | -4.32% | +1.14% | #61 |
| 2014 | -5.46% | −0.24% | #34 |
| 2013 | -5.22% | −1.77% | #34 |
| 2012 | -3.44% | +0.08% | #69 |
| 2011 | -3.52% | +0.00% | #69 |
Detected Pattern
Analysis
Albania matched the Orthodox Tightening Cycle pattern in 1997. Historically, 57% of countries showing this pattern (177 out of 311) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Albania's budget deficit was -1.72% in 2025. Ranked 60th globally. This represents a 137.7% decrease from the previous year.
Albania's budget deficit peaked at -0.73% in 2024.
The lowest budget deficit in Albania was -11.90% in 1997.
Albania ranks 60th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Albania's budget deficit is projected to reach -1.72% by 2025 based on IMF projection.
The budget deficit of Albania in 2025 was -1.72%. This ranks 60th in the world.
Cite this page
@misc{historysaid_albania_budget-deficit,
title = {Albania Budget Deficit},
url = {https://historysaid.com/albania/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}