Albania: public finances

How much debt does Albania have?

Albania's general government gross debt was 53.8% of GDP in 2025, according to the IMF's World Economic Outlook database, down from 64.7% in 2022. The IMF projects 49.7% for 2026.

Gross debt covers all liabilities of central and local government that require future payments. Because the ratio divides debt by GDP, it falls when the economy grows faster than the debt. The Ministry of Finance publishes debt bulletins, but its website returned an automated bot check on 15 October 2026 and could not be read.

Official sources: IMF: General government gross debt, Albania

What is Albania's budget deficit?

Albania's general government deficit was 1.8% of GDP in 2025, according to the IMF's World Economic Outlook database, after 0.7% in 2024 and 1.3% in 2023. The IMF projects 2.0% for 2026 and 2.2% for 2027.

The figure is net lending or borrowing: revenue minus spending across government. In 2022 the deficit was 3.6%. IMF figures are estimates and projections that change with each edition of the database.

Official sources: IMF: General government net lending/borrowing, Albania

What is Albania's national debt?

In 2025, general government gross debt in Albania was 53.8% of GDP, according to the IMF. Its high point since 2005 was 2020, at 75.1% of GDP; its low point was 2007, at 53.6% of GDP. Across Europe & Central Asia the middle value was 46.9% of GDP, and Albania placed 23rd highest of 51. World rank, highest first: 91st of 185.

Does Albania's government borrow more than it raises?

In 2025, general government net lending or borrowing in Albania was -1.8% of GDP, according to the IMF (a deficit). Its high point since 2005 was 2024, at -0.7% of GDP; its low point was 2009, at -6.6% of GDP. Europe & Central Asia median: -2.4% of GDP; Albania is 20th highest of 51. Of 188 countries with 2025 data, 68th highest.

What is Albania's government revenue?

The latest figure from the IMF, for 2025, is 28.5% of GDP. It is the top of the series, which starts in 2005. Europe & Central Asia median: 41.3% of GDP; Albania is 43rd highest of 50. World rank, highest first: 83rd of 187.

What is Albania's government spending?

The latest figure from the IMF, for 2025, is 30.3% of GDP. Its high point since 2005 was 2009, at 32.7% of GDP; its low point was 2012, at 28.2% of GDP. Europe & Central Asia median: 43.3% of GDP; Albania is 43rd highest of 50. Of 186 countries with 2025 data, 95th highest.

How much tax does Albania collect?

18.0% of GDP: that is central government tax revenue in Albania for 2024, according to the IMF. The peak was 18.5% of GDP in 2017 and the low 16.5% of GDP in 2013. Europe & Central Asia median: 20.8% of GDP; Albania is 29th highest of 42. Worldwide: 46th of 92.

How much does Albania spend on its military?

SIPRI puts military spending in Albania at 2.0% of GDP in 2025. It is the top of the series, which starts in 2005. It is 23rd highest of 46 in Europe & Central Asia, where the median is 2.0% of GDP. World rank, highest first: 55th of 149.