Macedonia Current Account - Forecast

Current Account in Macedonia is expected to be -30.75 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Macedonia to stand at -28.11 in 12 months time. In the long-term, the Macedonia Current Account is projected to trend around -28.15 USD Million in 2020, according to our econometric models.


Forecast Data Chart
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Macedonia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -186141 -118000 -237000 -165000 -148000 -230000
Exports 561494 597000 528000 544000 551000 571000
Imports 747635 715000 765000 709000 699000 801000
Current Account -30.3 -30.75 -28.94 -28.1 -28.11 -28.15
Current Account to GDP -1.3 -1.4 -1.4 -1.2 -1.2 -0.9
Capital Flows -29.9 -26.85 -26.38 -26.25 -26.24 -26.24
Foreign Direct Investment 66.96 70.59 69.49 68.91 69.18 69.17
Gold Reserves 6.9 6.9 6.9 6.89 6.89 6.89
Tourist Arrivals 1023 700 600 800 800 700
Terrorism Index 1.19 1.62 1.44 1.51 1.58 2.13
External Debt 8298 8387 8282 8609 8682 9998