Macedonia Government Spending - Forecast

Government Spending in Macedonia is expected to be 23553.72 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 23624.06 in 12 months time. In the long-term, the Macedonia Government Spending is projected to trend around 23291.62 MKD Million in 2020, according to our econometric models.


Macedonia Government Spending
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Macedonia Government Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 38.7 41.8 41.8 41.8 41.8 43.1
Government Budget -2.6 -2.6 -2.6 -2.6 -2.6 -1.8
Government Budget Value -3713 -806 -955 -1024 -999 -1003
Government Spending 22987 23554 23797 23399 23624 23292
Government Revenues 18975 16188 15627 15374 15270 13583
Government Debt 3876 3842 3815 3783 3744 3168
Fiscal Expenditure 22688 18121 16876 16131 15551 13064
Military Expenditure 106 136 136 136 136 138
Credit Rating 47.5