Macedonia Current Account - Forecast

Current Account in Macedonia is expected to be -27.48 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 -28.52 in 12 months time. In the long-term, the Macedonia Current Account is projected to trend around -28.50 USD Million in 2020, according to our econometric models.


Macedonia Current Account
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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 700 700 800 800 700
Terrorism Index 1.19 1.62 1.44 1.51 1.58 2.13
External Debt 7403 7988 8023 8150 8239 9330