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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -278673 -151000 -118000 -237000 -165000 -230000
Exports 513619 525000 597000 528000 544000 571000
Imports 792292 676000 715000 765000 709000 801000
Current Account -44.8 -15.28 -13.21 -12.58 -12.39 -12.31
Current Account to GDP -1.3 -1.4 -1.4 -1.4 -1.2 -0.9
Capital Flows -43.6 -26.81 -26.71 -26.73 -26.73 -26.73
Foreign Direct Investment -54.19 -10.77 -10.77 -10.77 -10.77 -10.77
Gold Reserves 6.9 6.89 6.89 6.89 6.89 6.89
Tourist Arrivals 538 1100 700 1200 900 1000
Terrorism Index 1.19 1.79 1.62 1.44 1.51 2.13
External Debt 7403 7718 7689 7669 7644 7366