North Macedonia Forecast: Government Expenditure

1997 - 2029 | Yearly | MKD bn | International Monetary Fund

Key information about North Macedonia Forecast: Government Expenditure

  • North Macedonia Government Expenditure is forecasted to be 362.814 MKD bn in Dec 2024 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 318.566 MKD bn in Dec 2023.
  • Looking ahead, North Macedonia Government Expenditure is projected to stand at 481.670 MKD bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View North Macedonia's Forecast: Government Expenditure from 1997 to 2029 in the chart:

North Macedonia Forecast: Government Expenditure

What is North Macedonia's Forecast: Government Expenditure in 2029?

North Macedonia Government Expenditure is forecasted to be 362.814 MKD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
481.670 2029 456.379 2028 64.408 1997 481.670 2029 MKD bn yearly 1997 - 2029

Forecast: Government Expenditure by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 229.209 2023 yearly 2002 - 2023
Albania (ALL bn) 1,027.504 2029 yearly 1997 - 2029
Algeria (DZD bn) 16,911.079 2029 yearly 1990 - 2029
Andorra (%) 36.271 2028 yearly 2001 - 2028
Angola (AOA bn) 30,579.806 2029 yearly 1996 - 2029
Antigua and Barbuda (XCD bn) 1.469 2029 yearly 1990 - 2029
Argentina (ARS bn) 740,993.414 2029 yearly 1993 - 2029
Armenia (AMD bn) 4,374.501 2029 yearly 2005 - 2029
Aruba (%) 21.292 2028 yearly 1995 - 2028
Australia (AUD bn) 1,268.078 2029 yearly 1988 - 2029
Austria (EUR bn) 308.609 2029 yearly 1988 - 2029
Azerbaijan (AZN bn) 46.605 2029 yearly 1994 - 2029
Bahamas (BSD bn) 3.693 2029 yearly 1990 - 2029
Bahrain (BHD bn) 5.683 2029 yearly 1990 - 2029
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 4.732 2030 yearly 1995 - 2030
Belarus (BYN bn) 138.225 2029 yearly 2001 - 2029
Belgium (EUR bn) 400.202 2029 yearly 1980 - 2029
Belize (BZD bn) 1.937 2029 yearly 1996 - 2029
Benin (XOF bn) 3,898.638 2029 yearly 1989 - 2029
Bhutan (BTN bn) 141.129 2029 yearly 1981 - 2029
Bolivia (BOB bn) 154.661 2029 yearly 1984 - 2029
Bosnia and Herzegovina (BAM bn) 28.027 2029 yearly 1998 - 2029
Botswana (BWP bn) 117.247 2030 yearly 1981 - 2030
Brazil (BRL bn) 6,975.892 2029 yearly 2001 - 2029
Brunei (BND bn) 6.627 2029 yearly 1980 - 2029
Bulgaria (BGN bn) 97.888 2029 yearly 1998 - 2029
Burkina Faso (XOF bn) 5,183.536 2029 yearly 1985 - 2029
Burundi (BIF bn) 8,634.540 2029 yearly 1990 - 2029
Cambodia (KHR bn) 49,759.239 2029 yearly 1996 - 2029
Cameroon (XAF bn) 7,713.943 2029 yearly 2000 - 2029
Canada (CAD bn) 1,546.047 2029 yearly 1980 - 2029
Cape Verde (CVE bn) 97.798 2029 yearly 1994 - 2029
Central African Republic (XAF bn) 431.460 2029 yearly 1988 - 2029
Chad (XAF bn) 2,650.660 2029 yearly 1995 - 2029
Chile (CLP bn) 105,724.758 2029 yearly 1990 - 2029
China (RMB bn) 61,759.865 2029 yearly 1982 - 2029
Colombia (COP bn) 719,334.932 2029 yearly 1982 - 2029
Comoros (KMF bn) 162.544 2029 yearly 1984 - 2029
Congo (XAF bn) 2,406.260 2029 yearly 1989 - 2029
Costa Rica (CRC bn) 11,444.353 2029 yearly 1990 - 2029
Croatia (EUR bn) 49.722 2029 yearly 1992 - 2029
Cyprus (EUR bn) 17.597 2029 yearly 1995 - 2029
Czech Republic (CZK bn) 3,989.504 2029 yearly 1995 - 2029
Democratic Republic of Congo (CDF bn) 58,691.414 2029 yearly 1996 - 2029
Denmark (DKK bn) 1,663.394 2029 yearly 1980 - 2029
Djibouti (DJF bn) 212.245 2029 yearly 1990 - 2029
Dominica (XCD bn) 1.034 2029 yearly 1990 - 2029
Dominican Republic (DOP bn) 1,982.578 2029 yearly 1997 - 2029
Ecuador (USD bn) 51.430 2029 yearly 1995 - 2029
Egypt (EGP bn) 7,219.600 2029 yearly 1999 - 2029
El Salvador (SVC bn) 14.164 2029 yearly 1990 - 2029
Equatorial Guinea (XAF bn) 1,878.274 2029 yearly 1980 - 2029
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 21.897 2029 yearly 1995 - 2029
Swaziland (SZL bn) 38.780 2030 yearly 1981 - 2030
Ethiopia (ETB bn) 4,819.139 2029 yearly 1980 - 2029
Fiji (FJD bn) 5.348 2028 yearly 1992 - 2028
Finland (EUR bn) 185.332 2029 yearly 1980 - 2029
France (EUR bn) 1,934.691 2029 yearly 1980 - 2029
Gabon (XAF bn) 3,683.236 2029 yearly 1990 - 2029
Gambia (GMD bn) 56.764 2029 yearly 2000 - 2029
Georgia (GEL bn) 40.909 2029 yearly 1995 - 2029
Germany (EUR bn) 2,430.883 2029 yearly 1991 - 2029
Ghana (GHS bn) 408.854 2029 yearly 1980 - 2029
Greece (EUR bn) 126.705 2029 yearly 1980 - 2029
Grenada (XCD bn) 1.362 2029 yearly 1990 - 2029
Guatemala (GTQ bn) 192.425 2029 yearly 1995 - 2029
Guinea (GNF bn) 74,925.820 2029 yearly 1990 - 2029
Guinea-Bissau (GWP bn) 366.276 2029 yearly 1991 - 2029
Guyana (GYD bn) 1,506.994 2029 yearly 1997 - 2029
Haiti (HTG bn) 545.979 2029 yearly 1997 - 2029
Honduras (HNL bn) 363.532 2029 yearly 1990 - 2029
Hong Kong SAR, China (HKD bn) 865.064 2030 yearly 1982 - 2030
Hungary (HUF bn) 50,519.031 2029 yearly 1995 - 2029
Iceland (ISK bn) 2,558.091 2029 yearly 1980 - 2029
India (INR bn) 151,611.822 2030 yearly 1989 - 2030
Indonesia (IDR bn) 5,468,663.624 2029 yearly 1993 - 2029
Iran (IRR bn) 102,170,609.775 2030 yearly 1991 - 2030
Iraq (IQD bn) 204,643.953 2029 yearly 2004 - 2029
Ireland (EUR bn) 161.203 2029 yearly 1980 - 2029
Israel (ILS bn) 1,053.304 2029 yearly 2000 - 2029
Italy (EUR bn) 1,200.142 2029 yearly 1988 - 2029
Ivory Coast (XOF bn) 17,297.009 2029 yearly 1997 - 2029
Jamaica (JMD bn) 1,331.228 2030 yearly 1991 - 2030
Japan (JPY bn) 285,838.584 2029 yearly 1980 - 2029
Jordan (JOD bn) 14.085 2029 yearly 1985 - 2029
Kazakhstan (KZT bn) 45,053.221 2029 yearly 2002 - 2029
Kenya (KES bn) 6,278.921 2029 yearly 1982 - 2029
Kiribati (AUD bn) 0.615 2029 yearly 1990 - 2029
South Korea (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Kosovo (EUR bn) 4.315 2029 yearly 2000 - 2029
Kuwait (KWD bn) 27.335 2029 yearly 1985 - 2029
Kyrgyzstan (KGS bn) 792.705 2029 yearly 1995 - 2029
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 22.508 2029 yearly 1998 - 2029
Lebanon (LBP bn) 277,571.056 2023 yearly 1990 - 2023
Lesotho (LSL bn) 34.905 2030 yearly 1983 - 2030
Liberia (LRD bn) 1.506 2029 yearly 2000 - 2029
Libya (LYD bn) 128.676 2029 yearly 1990 - 2029

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North Macedonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2022 yearly 1993 - 2022
Consolidated Fiscal Balance (USD mn) -685.568 2023 yearly 2009 - 2023
Tax Revenue (USD mn) 297.540 Oct 2024 monthly Jan 2004 - Oct 2024
Tax Revenue: % of GDP (%) 20.2 Jun 2024 quarterly Mar 2004 - Jun 2024
National Government Debt (USD mn) 8,185.4 Jun 2024 quarterly Dec 2009 - Jun 2024
Government Debt: % of GDP (%) 54.5 Jun 2024 quarterly Dec 2009 - Jun 2024
Forecast: Government Expenditure (MKD bn) 481.670 2029 yearly 1997 - 2029
Forecast: Government Net Debt (MKD bn) 703.720 2029 yearly 1999 - 2029
Forecast: Government Revenue (MKD bn) 445.403 2029 yearly 1997 - 2029
Central Government Budget: Expenditure: Capital (MKD mn) 1,415.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,570.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure: Current (MKD mn) 26,027.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Expenditure (MKD mn) 27,442.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 8,863.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget Balance (MKD mn) 1,121.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Revenue (MKD mn) 28,563.000 Oct 2024 monthly Jan 2004 - Oct 2024
Central Government Budget: Financing (MKD mn) -1,121.000 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -213.7 Sep 2024 monthly Dec 1993 - Sep 2024
Total Exports (USD mn) 745.0 Sep 2024 monthly Jan 2002 - Sep 2024
Total Exports Growth (%) 7.9 May 2023 monthly Jan 2003 - May 2023
Aluminum: Exports (USD th) 3,509.780 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 151,860.641 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 2,231.062 2023 yearly 1995 - 2023
Total Imports (USD mn) 958.7 Sep 2024 monthly Jan 2002 - Sep 2024
Total Imports Growth (%) -5.4 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Medicament (USD th) 213,778.414 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 79,238.625 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 16.230 Oct 2024 monthly Jan 1999 - Oct 2024
Total Imports from USA (USD mn) 19.374 Oct 2024 monthly Jan 1993 - Oct 2024
Total Exports to China (USD mn) 5.413 Oct 2024 monthly Jan 1999 - Oct 2024
Total Imports from China (USD mn) 115.734 Oct 2024 monthly Aug 1996 - Oct 2024
Exports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 215,815.381 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Manufactured Goods (USD th) 743,823.082 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Miscellaneous Manufactured Articles (USD th) 742,643.517 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Beverages and Tobacco (USD th) 220,067.147 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: ytd: SITC: Food Products (USD th) 432,449.895 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Machinery and Transport Equipment (USD th) 2,259,643.877 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Manufactured Goods (USD th) 2,685,207.806 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Mineral Fuels and Lubricants (USD th) 1,039,711.509 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Chemical Products (USD th) 1,121,223.311 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: ytd: SITC: Food Products (USD th) 837,443.807 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: China (USD th) 115,733.588 Oct 2024 monthly Jan 2013 - Oct 2024
Import Value Index (2015=100) 177.142 2021 yearly 1995 - 2021
Export Value Index (2015=100) 180.473 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 18.4 Sep 2024 monthly Jan 2001 - Sep 2024
Current Account Balance (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Current Account Balance: % of GDP (%) -3.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Direct Investment (USD mn) 103.5 Sep 2024 monthly Jan 2001 - Sep 2024
Foreign Direct Investment: % of GDP (%) 6.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment (USD mn) -73.664 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.6 Jun 2024 quarterly Mar 1996 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -28.539 Jun 2024 quarterly Mar 1998 - Jun 2024
External Debt (USD mn) 12,712.2 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: % of GDP (%) 83.2 2023 yearly 2004 - 2023
External Debt: Short Term (USD mn) 3,434.1 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: Short Term: % of GDP (%) 23.6 2022 yearly 2004 - 2022
Total Debt: % of GDP (%) 335.8 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.541 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -9,230.346 Jun 2024 quarterly Dec 2006 - Jun 2024
BoP: CA: Primary Income (PI) (USD mn) -72.215 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services (USD mn) 89.360 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: SI: Credit (USD mn) 241.189 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: SI: Debit (USD mn) 18.012 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -75.450 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 12.514 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Net Errors & Omissions (USD mn) -0.117 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Credit (USD mn) 1,193.676 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 16.989 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Debit (USD mn) 1,141.451 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: PI: Debit (USD mn) 94.128 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Reserve Assets (USD mn) -105.998 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 92.440 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services: Credit (USD mn) 272.566 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account: Debit (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 18.359 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Financial Account (FA) (USD mn) 52.108 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods: Debit (USD mn) 846.105 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: PI: Credit (USD mn) 21.913 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Services: Debit (USD mn) 183.206 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -138.254 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Other Investment (OI) (USD mn) 150.768 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods (USD mn) -188.096 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: Capital Account: Credit (USD mn) 0.000 Sep 2024 monthly Jan 2001 - Sep 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) 52.225 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 103.462 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: Secondary Income (SI) (USD mn) 223.177 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -85.102 Sep 2024 monthly Jan 2001 - Sep 2024
BoP: CA: GS: Goods: Credit (USD mn) 658.008 Sep 2024 monthly Jan 2001 - Sep 2024
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,796.950 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.050 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: MI: Private (EUR mn) 6,143.841 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,731.129 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (FDI): Flow (USD mn) 99.687 Sep 2024 monthly Jan 2007 - Sep 2024
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 11.308 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) -9.318 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Manufacturing (EUR mn) 139.153 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Construction (EUR mn) 58.425 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: NACE 2: Services (EUR mn) 22.363 Sep 2024 quarterly Mar 2009 - Sep 2024
FDI: Flow: United States of America (EUR mn) -0.789 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Austria (EUR mn) -0.750 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Belgium (EUR mn) 11.059 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: Turkey (EUR mn) 11.737 Jun 2024 quarterly Mar 2008 - Jun 2024
FDI: Flow: United Kingdom (EUR mn) 58.761 Jun 2024 quarterly Mar 2008 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Jun 2024 quarterly Dec 2005 - Jun 2024
Household Debt: % of GDP (%) 27.6 Jun 2024 quarterly Mar 2003 - Jun 2024
Non-Performing Loans (USD mn) 247.094 Jun 2024 quarterly Dec 2005 - Jun 2024
Money Supply M1 (USD mn) 4,722.054 Oct 2024 monthly Jan 2003 - Oct 2024
Money Supply M2 (USD mn) 8,511.992 Oct 2024 monthly Jan 2003 - Oct 2024
M2 Growth (%) 7.0 Oct 2024 monthly Jan 2004 - Oct 2024
Reserve Requirement Ratio (%) 8.0 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Exchange Reserves (USD mn) 4,775.1 Oct 2024 monthly Dec 1993 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 27.496 Jun 2024 quarterly Dec 2000 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.5 Sep 2024 monthly Jan 2002 - Sep 2024
Gold Reserves (USD mn) 615.962 Oct 2024 monthly Dec 1992 - Oct 2024
Total Deposits (USD mn) 9,936.801 Oct 2024 monthly Jan 2003 - Oct 2024
Total Deposits Growth (%) 11.0 Oct 2024 monthly Jan 2004 - Oct 2024
Domestic Credit (USD mn) 9,318.9 Oct 2024 monthly Jan 2003 - Oct 2024
Domestic Credit Growth (%) 4.3 Oct 2024 monthly Jan 2004 - Oct 2024
Household Debt (USD mn) 4,312.7 Oct 2024 monthly Jan 2003 - Oct 2024
Total Loans (USD mn) 8,404.413 Oct 2024 monthly Jan 2003 - Oct 2024
Total Loans Growth (%) 9.17 Oct 2024 monthly Jan 2004 - Oct 2024
Private Debt: % of Nominal GDP (%) 53.12 Jun 2024 quarterly Mar 2003 - Jun 2024
Official Reserve Assets (EUR mn) 4,975.575 Oct 2024 monthly Jan 2005 - Oct 2024
Official Reserve Assets: Foreign Currency (EUR mn) 4,398.965 Oct 2024 monthly Jan 2005 - Oct 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

More Indicators for North Macedonia

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