Macedonia Industrial Production  Forecast


Industrial Production in Macedonia is expected to be 0.31 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Macedonia to stand at 1.51 in 12 months time. In the long-term, the Macedonia Industrial Production is projected to trend around 1.87 percent in 2020, according to our econometric models.


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Macedonia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Industrial Production -5.3 0.31 0.71 1.26 1.51 1.87
Manufacturing Production -2.6 1.74 2.1 2.26 2.31 2.37
Changes in Inventories 51320 53481 53403 53325 53246 47937
Corruption Index 37 37 37 37 37 36
Corruption Rank 90 96 96 96 96 96
Competitiveness Index 4.23 4.25 4.23 4.22 4.21 4.18
Competitiveness Rank 68 64 67 68 70 72
Business Confidence 25.9 17.2 22.29 19.96 17.83 5.5
Ease of Doing Business 10 20 21 21 21 29
Steel Production 25 18.51 17.39 17.32 17 16.07