Macedonia Government Budget - Forecast

Government Budget in Macedonia is expected to be -2.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Government Budget is projected to trend around -1.80 percent of GDP in 2020, according to our econometric models.


Macedonia Government Budget
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Macedonia Government Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 38.7 41.8 41.8 42.5 42.5 43.1
Government Budget -2.7 -2.6 -2.6 -2.93 -2.95 -1.8
Government Budget Value -1861 -870 -1037 -1051 -1041 -1042
Government Spending 24389 23274 26341 24926 24333 27675
Government Revenues 15243 15610 15547 15523 15533 15532
Government Debt 4271 4424 4501 4577 4652 5388
Fiscal Expenditure 17104 16480 16579 16574 16575 16573
Military Expenditure 110 131 132 132 133 135
Credit Rating 47.5