Macedonia Government Budget  Forecast


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Government Budget in Macedonia is expected to be -3.00 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 Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 39.1 41.4 41.8 41.8 41.8 43.1
Government Budget -2.7 -3 -2.6 -2.6 -2.6 -1.8
Government Budget Value -269 -1022 -1005 -982 -989 -988
Government Spending 23856 24086 23878 23947 23738 23640
Government Revenues 14949 14059 13927 13705 13516 12488
Government Debt 3885 4261 4357 4312 4424 4356
Fiscal Expenditure 15218 14695 14311 13976 13703 12791
Military Expenditure 106 136 137 138 139 140
Credit Rating 47.5