Macedonia’s current account deficit widened to USD 308.50 million in the second quarter of 2026, from USD 216.95 million in the corresponding period a year earlier. This was mainly due to a larger goods trade deficit, which increased to USD 1,027.93 million from USD 849.04 million. The primary income deficit also widened to USD 261.89 million from USD 229.98 million. On the other hand, the services account surplus increased to USD 300.25 million from USD 222.54 million, while the secondary income surplus rose to USD 681.07 million from USD 639.52 million. source: National Bank of the Republic of Macedonia

Macedonia recorded a Current Account deficit of 308.50 USD Million in the second quarter of 2026. Current Account in Macedonia averaged -84.37 USD Million from 1998 until 2026, reaching an all time high of 279.71 USD Million in the third quarter of 2024 and a record low of -531.65 USD Million in the fourth quarter of 2008. This page provides - Macedonia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Macedonia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-28 08:00 AM
Current Account
Q1 $-347.4M $-312.3M $-200.0M
2026-09-01 06:50 AM
Current Account
Q2 $-308.5M $-353.2M $-310.0M
2026-11-30 09:00 AM
Current Account
Q3 $-308.5M


Related Last Previous Unit Reference
Balance of Trade -389537.00 -364197.00 USD Thousand Jul 2026
Capital Flows -79.39 -77.06 USD Million Jun 2026
Current Account -308.50 -353.19 USD Million Jun 2026
Exports 846618.00 953877.00 USD Thousand Jul 2026
External Debt 12943.14 12201.61 EUR Million Mar 2026
Foreign Direct Investment 9.51 9.47 EUR Million Jun 2026
Imports 1236155.00 1318074.00 USD Thousand Jul 2026


North Macedonia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-308.50 -353.19 279.71 -531.65 1998 - 2026 USD Million Quarterly

News Stream
Macedonia Current Account Deficit Widens in Q2
Macedonia’s current account deficit widened to USD 308.50 million in the second quarter of 2026, from USD 216.95 million in the corresponding period a year earlier. This was mainly due to a larger goods trade deficit, which increased to USD 1,027.93 million from USD 849.04 million. The primary income deficit also widened to USD 261.89 million from USD 229.98 million. On the other hand, the services account surplus increased to USD 300.25 million from USD 222.54 million, while the secondary income surplus rose to USD 681.07 million from USD 639.52 million.
2026-09-01
North Macedonia Current Account Narrows in Q1
Macedonia’s current account deficit narrowed to USD 347.43 million in the first quarter of 2026, compared with USD 353.28 million in the same period last year. The services account surplus rose to USD 253.03 million from USD 230.46 million in Q1 2025, while the secondary income account surplus widened to USD 573.28 million from USD 510.13 million over the same period last year. In contrast, the goods account deficit increased to USD 923.71 million from USD 875.29 million a year earlier, and the primary income deficit also widened to USD 250.03 million from USD 218.58 million.
2026-05-28
North Macedonia Current Account Widens
Macedonia's current account deficit widened to USD 312.32 million in the fourth quarter of 2025, from USD 298.61 million in the same period a year earlier. This marked the largest current account shortfall since Q1 2025, as the goods account deficit climbed to USD 1,085.6 million from USD 940.3 million in Q4 2024, and the primary income shortfall rose to USD 233.6 million from USD 213.9 million. In addition, the secondary income surplus narrowed slightly to USD 701.03 million in Q4 2025, from USD 701.3 million a year earlier. In contrast, the services account surplus jumped to USD 305.8 million from USD 154.3 million.
2026-02-27