North Macedonia Public Consumption: % of GDP

Key information about North Macedonia Public Consumption: % of GDP

• North Macedonia Public Consumption accounted for 18.1 % of its Nominal GDP in Jun 2024, compared with a share of 18.3 % in the previous quarter.
• North Macedonia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2000 to Jun 2024, with an average number of 16.9 %.
• The data reached an all-time high of 25.9 % in Jun 2001 and a record low of 13.1 % in Sep 2019.

• In the latest reports, North Macedonia GDP expanded 2.1 % YoY in Mar 2023.
• North Macedonia Nominal GDP reached 3.5 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 14.2 % in Mar 2023.
• North Macedonia GDP Per Capita reached 5,975.9 USD in Dec 2020.
• Its Gross Savings Rate was measured at 7.4 % in Jun 2024.
• For Nominal GDP contributions, Investment accounted for 21.8 % in Jun 2024.
• Private Consumption accounted for 69.0 % in Mar 2023.

View North Macedonia's Public Consumption: % of GDP from Mar 2000 to Jun 2024 in the chart:

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What was North Macedonia's Public Consumption: % of GDP in Jun 2024?

North Macedonia Public Consumption accounted for 18.1 % of its Nominal GDP in Jun 2024, compared with a share of 18.3 % in the previous quarter. See the table below for more data.

Public Consumption: % of GDP by Country Comparison

North Macedonia Key Series

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