Macedonia Government Spending - Forecast

Government Spending in Macedonia is expected to be 23159.00 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 24877.00 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.


Forecast Data Chart
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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 657 -1059 -962 -916 -905 -907
Government Spending 24732 26085 24926 25227 23692 27406
Government Revenues 15386 15488 15485 15489 15487 15487
Government Debt 4271 4501 4577 4652 4728 5388
Fiscal Expenditure 14729 16699 16446 16405 16392 16394
Military Expenditure 110 132 132 133 134 135
Credit Rating 47.5