Macedonia Gold Reserves  Forecast


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Gold Reserves in Macedonia is expected to be 6.60 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 6.27 in 12 months time. In the long-term, the Macedonia Gold Reserves is projected to trend around 6.10 Tonnes in 2020, according to our econometric models.


Macedonia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -130881 -173000 -160445 -160346 -159604 -160000
Exports 534546 494940 471354 452113 435138 345231
Imports 665427 590953 572511 556659 542821 477394
Current Account -15 -29.93 -30.09 -30.01 -30.01 -30.01
Current Account to GDP -3.1 -1.6 -1.4 -1.4 -1.4 -0.9
Capital Flows -23.1 -27.87 -27.95 -27.96 -27.96 -27.96
Foreign Direct Investment -61.45 42.69 47 50.44 53.2 62.8
Gold Reserves 6.88 6.6 6.48 6.36 6.27 6.1
Terrorism Index 1.86 2.4 2.37 2.34 2.32 2.63
External Debt 7253 7377 7377 7348 7332 7127
Tourist Arrivals 1041 200 300 700 600 500