The Gross Domestic Product (GDP) in Macedonia expanded 3.90 percent in the first quarter of 2014 over the previous quarter.
GDP Growth Rate in Macedonia averaged 3.26 percent from 2004 until 2014, reaching an all time high of 8.20 percent in the second quarter of 2005 and a record low of -2.40 percent in the second quarter of 2009. This page provides - Macedonia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia GDP Growth Rate - values, historical data and charts - was last updated on June of 2020.
GDP Growth Rate in Macedonia is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Macedonia to stand at 0.60 in 12 months time. In the long-term, the Macedonia GDP Growth Rate is projected to trend around 0.60 percent in 2021, according to our econometric models.