Macedonia Gold Reserves  Forecast


Gold Reserves in Macedonia is expected to be 6.88 Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gold Reserves in Macedonia to stand at 6.85 in 12 months time. In the long-term, the Macedonia Gold Reserves is projected to trend around 6.86 Tonnes in 2020, according to our econometric models.


Macedonia Gold Reserves
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Macedonia Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -168356 -168732 -173000 -158973 -158904 -160000
Exports 439816 446682 447841 451200 451179 450609
Imports 608172 604614 609880 610190 608576 608952
Current Account -15 -27.49 -30.07 -30.29 -30.25 -30.24
Current Account to GDP -3.1 -1.6 -1.6 -1.4 -1.4 -0.9
Capital Flows -23.1 -30.05 -28.22 -27.94 -27.89 -27.88
Foreign Direct Investment 24.61 27.32 24.92 24.92 25.19 25.1
Gold Reserves 6.88 6.88 6.85 6.86 6.85 6.86
Terrorism Index 1.86 2.33 2.4 2.37 2.34 2.63
External Debt 7253 7782 7826 8012 8076 9382
Tourist Arrivals 1534 630 556 710 685 662