Macedonia recorded a government budget deficit of 4944 MKD Million in December of 2025. Government Budget Value in Macedonia averaged -1776.69 MKD Million from 2006 until 2025, 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			Feb 2026
Fiscal Expenditure	39693.00	31498.00	MKD Million	Dec 2025
Government Budget	-4.70	-4.90	percent of GDP	Dec 2024
Government Budget Value	-4944.00	-4906.00	MKD Million	Dec 2025
Government Debt	8498.10	8493.40	EUR Million	Sep 2025
Government Debt to GDP	53.80	49.80	percent of GDP	Dec 2024
Government Revenues	34749.00	26592.00	MKD Million	Dec 2025
Government Spending	43419.00	41996.00	MKD Million	Sep 2025
Holidays
Military Expenditure	353.70	266.60	USD Million	Dec 2024

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.