Compared with the region countries, Albania is ranked as follows:
Comments and Analysis: ODA
As can be seen from the graph, Albania’s expenditures to GDP are the lowest of the region. While ranked in first place: Greece (50.4%) followed by Bosnia and Herzegovina (50%), Montenegro (47%), Serbia (44%), Croatia (42%), Turkey (37%), Macedonia (33%) and Kosovo (31%).
By doing an analysis it is noted that the country with the greatest reduction of budget expenditures over the past decade is Bosnia and Herzegovina, while the country with the largest increase is Kosovo.
Budget expenditures of a country are mainly financed by revenues and the debt or privatization of public objects. Overall revenues and expenditures should change proportionally, in order to avoid high debt levels.