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.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Macedonia Government Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 38.7 41.8 42.5 42.5 42.5 43.1
Government Budget -2.7 -2.6 -2.2 -2.2 -2.2 -1.8
Government Budget Value -145 -1007 -865 -866 -842 -840
Government Spending 24732 26085 24926 25227 23692 27406
Government Revenues 15020 15351 15395 15380 15382 15382
Government Debt 4300 4483 4555 4635 4713 5386
Fiscal Expenditure 15165 16526 16259 16245 16224 16223
Military Expenditure 110 132 132 133 134 135
Credit Rating 47.5