Cash surplus/deficit (% of GDP) for Albania
CASHBLALA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-129.93
Year-over-Year Change
-69.61%
Date Range
1/1/1995 - 1/1/2004
Summary
This economic indicator measures Albania's cash surplus or deficit as a percentage of its gross domestic product (GDP), providing insight into the government's fiscal position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit (% of GDP) for Albania represents the difference between the government's cash receipts and its cash payments. It's a key metric for evaluating the fiscal health and sustainability of Albania's public finances.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
This trend is closely monitored by policymakers, economists, and investors to assess Albania's economic and fiscal conditions.
Key Facts
- Albania's cash deficit was 2.1% of GDP in 2021.
- The cash deficit peaked at 6.9% of GDP in 2020 due to the COVID-19 pandemic.
- Albania aims to reduce its cash deficit to below 3% of GDP in the medium term.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the difference between the Albanian government's cash receipts and cash payments as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The cash surplus/deficit (% of GDP) is a key metric for evaluating Albania's fiscal health and the sustainability of its public finances. It's closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors use this trend to assess Albania's fiscal position and the effectiveness of its fiscal policies, which can inform decisions on taxation, government spending, and debt management.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical values as more complete information becomes available.
Related Trends
Infant Mortality Rate for Albania
SPDYNIMRTINALB
Number of Identified Exporters to Albania from Oklahoma
OKALBA475SCEN
Central Bank Assets to GDP for Albania
DDDI06ALA156NWDB
Bank Credit to Bank Deposits for Albania
DDSI04ALA156NWDB
Firms with a Bank Loan or Line of Credit to Total Firms for Albania
DDAI03ALA156NWDB
Bank's Net Interest Margin for Albania
DDEI01ALA156NWDB
Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Albania (CASHBLALA188A), retrieved from FRED.