Macedonia Current Account to GDP  Forecast


Macedonia Current Account to GDP
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Current Account to GDP in Macedonia is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Current Account to GDP is projected to trend around -0.90 percent in 2020, according to our econometric models.


Macedonia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -215905 -163471 -161377 -160590 -169000 -160000
Exports 511830 505082 484265 465653 448899 362610
Imports 727735 649404 624437 603971 585869 501040
Current Account 56.5 -30.99 -29 -28.59 -28.63 -28.64
Current Account to GDP -2.7 -1.4 -1.4 -1.4 -1.4 -0.9
Capital Flows 55.2 -25.46 -26.13 -26.16 -26.16 -26.15
Foreign Direct Investment -54.19 -7.84 4.59 14.66 22.82 51.11
Gold Reserves 6.88 6.73 6.6 6.48 6.37 6.11
Terrorism Index 1.19 1.97 1.79 1.62 1.44 2.05
External Debt 7781 8046 8045 8053 8039 7856
Tourist Arrivals 509 0 0 0 0 0