Government Spending in Macedonia decreased to 24736 MKD Million in the third quarter of 2018 from 25188 MKD Million in the second quarter of 2018. Government Spending in Macedonia averaged 19326.40 MKD Million from 2003 until 2018, reaching an all time high of 25762 MKD Million in the fourth quarter of 2016 and a record low of 11939 MKD Million in the first quarter of 2003.
Government Spending in Macedonia is expected to be 26085.00 MKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Macedonia to stand at 23692.00 in 12 months time. In the long-term, the Macedonia Government Spending is projected to trend around 27406.00 MKD Million in 2020, according to our econometric models.