Macedonia Current Account  Forecast


Macedonia Current Account
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Current Account in Macedonia is expected to be -30.99 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 -28.63 in 12 months time. In the long-term, the Macedonia Current Account is projected to trend around -28.64 USD Million 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
Tourist Arrivals 509 300 700 600 500 500
Terrorism Index 1.19 1.97 1.79 1.62 1.44 2.05
External Debt 7781 8046 8045 8053 8039 7856