Macedonia Current Account to GDP  Forecast


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Current Account to GDP in Macedonia is expected to be -1.60 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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -130881 -173000 -160445 -160346 -159604 -160000
Exports 534546 494940 471354 452113 435138 345231
Imports 665427 590953 572511 556659 542821 477394
Current Account -15 -29.93 -30.09 -30.01 -30.01 -30.01
Current Account to GDP -3.1 -1.6 -1.4 -1.4 -1.4 -0.9
Capital Flows -23.1 -27.87 -27.95 -27.96 -27.96 -27.96
Foreign Direct Investment -61.45 42.69 47 50.44 53.2 62.8
Gold Reserves 6.88 6.6 6.48 6.36 6.27 6.1
Terrorism Index 1.86 2.4 2.37 2.34 2.32 2.63
External Debt 7253 7377 7377 7348 7332 7127
Tourist Arrivals 1041 200 300 700 600 500