Macedonia Government Spending  Forecast


Government Spending in Macedonia is expected to be 24085.53 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 23737.99 in 12 months time. In the long-term, the Macedonia Government Spending is projected to trend around 23639.57 MKD Million in 2020, according to our econometric models.


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Macedonia Government Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 40.9 41.4 41.8 41.8 41.8 43.1
Government Budget -3.5 -3 -2.6 -2.6 -2.6 -1.8
Government Budget Value -82 -1022 -1005 -982 -989 -988
Government Spending 23856 24086 23878 23947 23738 23640
Government Revenues 14482 14059 13927 13705 13516 12488
Government Debt 3852 4261 4357 4312 4424 4356
Fiscal Expenditure 14564 14862 14428 14068 13777 12788
Credit Rating 47.5
Military Expenditure 106 136 137 138 139 140