Macedonia Government Budget ValueJune 2022 Data - 2006-2021 Historical

Name: Macedonia Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Macedonia,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Macedonia recorded a government budget deficit of 3758 MKD Million in May of 2022. source: Ministry of Finance of the Republic of Macedonia

Government Budget Value in Macedonia averaged -1372.84 MKD Million from 2006 until 2022, reaching an all time high of 4291 MKD Million in August of 2007 and a record low of -13809 MKD Million in December of 2020. This page provides - Macedonia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Government Budget Value - values, historical data and charts - was last updated on July of 2022.

Government Budget Value in Macedonia is expected to be -495.85 MKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Government Budget Value is projected to trend around -495.85 MKD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	-3758.00	2020.00	MKD Million	May 2022
Government Revenues	16895.00	21777.00	MKD Million	May 2022
Fiscal Expenditure	20653.00	19757.00	MKD Million	May 2022

Macedonia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.