Macedonia recorded a government budget deficit of 2903 MKD Million in May of 2026. Government Budget Value in Macedonia averaged -1856.54 MKD Million from 2006 until 2026, reaching an all time high of 4291.00 MKD Million in August of 2007 and a record low of -13808.00 MKD Million in December of 2020. source: Ministry of Finance of the Republic of Macedonia

Related	Last	Previous	Unit	Reference
Credit Rating	45.00			Aug 2026
Fiscal Expenditure	29425.00	32775.00	MKD Million	May 2026
Government Budget	-4.00	-4.30	percent of GDP	Dec 2025
Government Budget Value	-2903.00	-403.00	MKD Million	May 2026
Government Debt	9473.20	8752.80	EUR Million	Mar 2026
Government Debt to GDP	51.60	53.80	percent of GDP	Dec 2025
Government Revenues	26522.00	32372.00	MKD Million	May 2026
Government Spending	44551.00	45830.00	MKD Million	Mar 2026
Holidays
Military Expenditure	374.80	299.50	USD Million	Dec 2025

North Macedonia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.