Albania - Budget Deficit 1997
-11.90%
Albania's budget deficit was -11.90% in 1997. This was the 2nd highest globally.
Global Ranking - 1997▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Lebanon | -24.55% | 4.4% |
| 2nd | Albania | -11.90% | - |
| 3rd | Brunei Darussalam | -11.79% | -35.5% |
| 4th | Cabo Verde | -10.18% | 9.2% |
| 5th | Qatar | -9.40% | -7.7% |
| 6th | Kyrgyz Republic | -9.31% | -2.3% |
| 7th | India | -8.28% | -23.4% |
| 8th | Mongolia | -8.09% | -17.6% |
| 9th | Moldova | -7.47% | -0.6% |
| 10th | Georgia | -6.63% | -12.2% |
| 11th | Jamaica | -6.39% | -21.8% |
| 12th | Bahrain | -6.39% | -2,739.3% |
| 13th | Greece | -6.25% | 25.2% |
| 14th | Slovak Republic | -6.24% | 35.9% |
| 15th | Ghana | -6.14% | -9.4% |
| 16th | Seychelles | -5.91% | 39.1% |
| 17th | Sri Lanka | -5.71% | 17.2% |
| 18th | Eritrea | -5.65% | 69.3% |
| 19th | Hungary | -5.54% | -27.0% |
| 20th | Ukraine | -5.37% | -73.7% |
| 21st | Romania | -5.19% | -9.5% |
| 22nd | Grenada | -4.94% | -63.6% |
| 23rd | Croatia | -4.93% | -12.0% |
| 24th | Cyprus | -4.82% | -63.1% |
| 25th | Poland | -4.59% | 4.8% |
| 26th | Fiji | -4.51% | -30.4% |
| 27th | Burundi | -4.48% | 48.0% |
| 28th | Pakistan | -3.87% | 10.8% |
| 29th | Spain | -3.86% | 34.2% |
| 30th | France | -3.71% | 4.8% |
| 31st | Cambodia | -3.70% | 50.8% |
| 32nd | Tunisia | -3.70% | 28.5% |
| 33rd | Portugal | -3.65% | 21.1% |
| 34th | Japan | -3.53% | 27.6% |
| 35th | Mexico | -3.48% | 4.9% |
| 36th | Costa Rica | -3.39% | 21.6% |
| 37th | Bolivia, Plurinational State of | -3.28% | -72.7% |
| 38th | Colombia | -3.23% | -29.3% |
| 39th | Czechia | -3.14% | -5.4% |
| 40th | Germany | -3.03% | 16.8% |
| 41st | Italy | -2.98% | 54.9% |
| 42nd | Jordan | -2.97% | 8.4% |
| 43rd | Djibouti | -2.86% | -61.8% |
| 44th | Ecuador | -2.83% | 17.9% |
| 45th | St. Vincent and the Grenadines | -2.81% | -277.2% |
| 46th | Burkina Faso | -2.64% | -58.6% |
| 47th | Chad | -2.58% | 9.9% |
| 48th | Guinea-Bissau | -2.56% | -173.5% |
| 49th | Saudi Arabia | -2.51% | 22.8% |
| 50th | Niger | -2.39% | -563.1% |
| 51st | Austria | -2.38% | 45.6% |
| 52nd | Namibia | -2.38% | 35.7% |
| 53rd | Slovenia | -2.37% | -105.0% |
| 54th | Switzerland | -2.33% | -15.8% |
| 55th | St. Kitts and Nevis | -2.33% | -2.9% |
| 56th | Dominica | -2.24% | -40.9% |
| 57th | Rwanda | -2.22% | 55.6% |
| 58th | Belgium | -2.15% | 46.3% |
| 59th | Libya | -2.11% | -118.6% |
| 60th | Aruba | -2.10% | 10.3% |
| 61st | Uzbekistan | -2.05% | -30.4% |
| 62nd | United Kingdom | -2.01% | 44.9% |
| 63rd | Madagascar | -2.00% | 49.7% |
| 64th | El Salvador | -1.97% | 27.0% |
| 65th | Bangladesh | -1.94% | 3.7% |
| 66th | Bhutan | -1.92% | -175.0% |
| 67th | Argentina | -1.84% | 34.6% |
| 68th | Iran, Islamic Republic of | -1.81% | -141.7% |
| 69th | Mozambique | -1.81% | 12.7% |
| 70th | Belize | -1.81% | -2.6% |
| 71st | Syrian Arab Republic | -1.78% | 37.0% |
| 72nd | Guyana | -1.70% | - |
| 73rd | Thailand | -1.68% | -161.1% |
| 74th | Bahamas, The | -1.60% | -941.6% |
| 75th | Netherlands | -1.60% | 16.0% |
| 76th | Sweden | -1.57% | 49.5% |
| 77th | Central African Republic | -1.57% | -47.8% |
| 78th | Yemen, Republic of | -1.50% | -63.6% |
| 79th | Maldives | -1.46% | 27.4% |
| 80th | Finland | -1.33% | 60.7% |
| 81st | Comoros | -1.30% | 62.1% |
| 82nd | Denmark | -1.22% | 49.1% |
| 83rd | St. Lucia | -1.10% | -92.1% |
| 84th | Congo, Democratic Republic of | -1.06% | -87.9% |
| 85th | Indonesia | -1.03% | -207.5% |
| 86th | Togo | -0.98% | 69.8% |
| 87th | Azerbaijan | -0.94% | 58.4% |
| 88th | Kenya | -0.91% | -85.1% |
| 89th | Uganda | -0.83% | - |
| 90th | Guatemala | -0.79% | -2,235.1% |
| 91st | Lithuania | -0.76% | 78.8% |
| 92nd | Côte d'Ivoire | -0.75% | - |
| 93rd | China | -0.73% | 1.0% |
| 94th | Dominican Republic | -0.64% | - |
| 95th | Sudan | -0.59% | 77.4% |
| 96th | Vanuatu | -0.51% | 71.5% |
| 97th | Australia | -0.49% | 66.1% |
| 98th | North Macedonia | -0.35% | - |
| 99th | Suriname | -0.32% | -109.4% |
| 100th | Angola | -0.27% | -105.2% |
| 101st | Turkmenistan | -0.20% | - |
| 102nd | Tanzania | -0.03% | -101.7% |
| 103rd | Iceland | 0.04% | 102.5% |
| 104th | Canada | 0.04% | 101.3% |
| 105th | Guinea | 0.07% | 103.0% |
| 106th | Honduras | 0.08% | -37.0% |
| 107th | Trinidad and Tobago | 0.11% | 124.8% |
| 108th | Lesotho | 0.27% | -87.4% |
| 109th | Philippines | 0.37% | -31.7% |
| 110th | Haiti | 0.37% | - |
| 111th | Benin | 0.64% | 532.4% |
| 112th | Papua New Guinea | 0.67% | -67.3% |
| 113th | Senegal | 0.98% | 6.3% |
| 114th | Nigeria | 1.14% | -66.3% |
| 115th | New Zealand | 1.24% | -52.0% |
| 116th | Panama | 1.25% | -49.8% |
| 117th | Ireland | 1.37% | 797.0% |
| 118th | Gabon | 1.41% | -33.5% |
| 119th | Morocco | 1.50% | 72.7% |
| 120th | Samoa | 1.92% | 58.4% |
| 121st | Chile | 2.04% | -1.5% |
| 122nd | Eswatini | 2.06% | 313.0% |
| 123rd | Solomon Islands | 2.14% | -42.8% |
| 124th | Algeria | 2.19% | -18.8% |
| 125th | Korea | 2.32% | 0.7% |
| 126th | Micronesia, Federated States of | 2.62% | 12.2% |
| 127th | Luxembourg | 2.66% | 12.1% |
| 128th | Estonia | 2.98% | 420.0% |
| 129th | Paraguay | 3.01% | 23.6% |
| 130th | Equatorial Guinea | 3.21% | 150.6% |
| 131st | Congo, Republic of | 3.67% | -60.1% |
| 132nd | Oman | 4.77% | 115.2% |
| 133rd | Malaysia | 4.84% | 48.0% |
| 134th | Barbados | 5.44% | 47.1% |
| 135th | Singapore | 5.66% | 185.6% |
| 136th | Kiribati | 5.92% | 129.2% |
| 137th | Hong Kong SAR, China | 6.32% | 212.8% |
| 138th | United Arab Emirates | 6.71% | 631.8% |
| 139th | Norway | 7.35% | 22.4% |
| 140th | Marshall Islands | 7.91% | - |
| 141st | Kuwait | 29.49% | 21.5% |
FAQ
What was Albania's budget deficit in 1997?▾
Albania's budget deficit in 1997 was -11.90%. This ranked 2nd globally.
Which country had the highest budget deficit in 1997?▾
Kuwait had the highest budget deficit in 1997 at 29.49%.
What is the budget deficit of Albania in 1997?▾
The budget deficit of Albania in 1997 was -11.90%. This ranked 2nd globally.
HistorySaid - pattern alert
Albania matched the Orthodox Tightening Cycle pattern in 1997. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 0.4%. View full analysis →
Related
1998
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Full ranking 1997
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Health Spending
Government Debt to GDP
Peak: 2024
Lowest: 1997
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs St. Vincent and the Grenadines
vs Turkmenistan
vs Brazil
vs North Macedonia
NATO Budget Deficit
Organisation of Islamic Cooperation Budget Deficit
Global Ranking