Macedonia Current Account to GDP - Forecast

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 Current Account to GDP
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Macedonia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -160141 -118000 -237000 -165000 -148000 -230000
Exports 574330 597000 528000 544000 551000 571000
Imports 734470 715000 765000 709000 699000 801000
Current Account -142 -27.48 -27.79 -28.49 -28.52 -28.5
Current Account to GDP -1.3 -1.4 -1.4 -1.2 -1.2 -0.9
Capital Flows -150 -28.59 -26.7 -26.52 -26.5 -26.5
Foreign Direct Investment 51.12 42.37 44.1 43.82 43.56 43.66
Gold Reserves 6.9 6.9 6.9 6.89 6.89 6.89
Tourist Arrivals 1040 700 600 800 800 700
Terrorism Index 1.19 1.62 1.44 1.51 1.58 2.13
External Debt 7403 7988 8023 8150 8239 9330