Macedonia recorded a government budget deficit of 3539 MKD Million in November of 2018. Government Budget Value in Macedonia averaged -992.72 MKD Million from 2006 until 2018, reaching an all time high of 4291 MKD Million in August of 2007 and a record low of -11373 MKD Million in December of 2008.
Government Budget Value in Macedonia is expected to be -841.37 MKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Macedonia to stand at -501.65 in 12 months time. In the long-term, the Macedonia Government Budget Value is projected to trend around -495.85 MKD Million in 2020, according to our econometric models.