Macedonia GDP Annual Growth Rate  2001-2018 | Data | Chart | Calendar

The economy of Macedonia expanded 0.2 percent year-on-year in the third quarter of 2017, recovering from a 1.3 percent decline in the previous quarter. Household consumption went up 2.9 percent, following a 4.4 percent rise in the previous quarter. Also, imports slowed to 2.1 percent (5.6 percent in Q2), while exports advanced at a faster 5.5 percent (11.0 percent). In addition, gross capital formation fell less (-9.4 percent from -18.6 percent). In contrast, government spending contracted 3.6 percent, compared to 0.4 percent increase in the preceding quarter. GDP Annual Growth Rate in Macedonia averaged 2.72 percent from 2001 until 2017, reaching an all time high of 10.70 percent in the second quarter of 2005 and a record low of -12.70 percent in the third quarter of 2001.

Macedonia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-08 02:55 PM GDP Growth Rate YoY 0% 2.4% 2.4%
2017-09-07 12:00 PM GDP Growth Rate YoY -1.8% 0% 2.6%
2017-12-07 12:00 PM GDP Growth Rate YoY 0.2% -1.3% -2.2%
2018-03-09 11:45 AM GDP Growth Rate YoY 0.2% 0.4%
2018-06-08 02:55 PM GDP Growth Rate YoY 2.40%
2018-09-07 12:00 PM GDP Growth Rate YoY 2.90%


Macedonia GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.20 -1.30 10.70 -12.70 percent [+]
GDP 10.90 10.05 11.36 2.32 USD Billion [+]
GDP Constant Prices 159746.00 153506.00 160309.00 59063.00 MKD Million [+]
Gross Fixed Capital Formation 143495.57 129095.00 143495.57 34716.00 MKD Million [+]
GDP per capita 5222.83 5104.78 5222.83 3057.00 USD [+]
GDP per capita PPP 13054.78 12759.71 13054.78 7641.17 USD [+]


Macedonia GDP Annual Growth Rate

On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by gross fixed capital formation (31 percent) and government expenditure (17 percent). Exports of goods and services account for 48 percent while imports account for 65 percent, subtracting 17 percent of total GDP. This page provides - Macedonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 -1.30 10.70 -12.70 2001 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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