North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP

1995 - 2026 | Yearly | % | European Commission's Directorate-General for Economic and Financial Affairs

North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP data was reported at -2.332 % in 2026. This records a decrease from the previous number of -2.261 % for 2025. North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP data is updated yearly, averaging -2.753 % from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 0.382 % in 2023 and a record low of -12.731 % in 2008. North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP data remains active status in CEIC and is reported by European Commission's Directorate-General for Economic and Financial Affairs. The data is categorized under Global Database’s North Macedonia – Table MK.DG ECFIN.AMECO: Current Account Balance: Forecast.

View North Macedonia's North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP from 1995 to 2026 in the chart:

North Macedonia North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP

What is North Macedonia's North Macedonia DG ECFIN Forecast: National Account: Current Account Balance: % of Nominal GDP in 2026?

Last Previous Min Max Unit Frequency Range
-2.332 2026 -2.261 2025 -12.731 2008 0.382 2023 % yearly 1995 - 2026

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North Macedonia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 26,484.080 2027 yearly 1992 - 2027
Forecast: Nominal GDP Per Capita (USD) 9,565.940 2027 yearly 1992 - 2027
Forecast: Real GDP Growth (%) 3.805 2027 yearly 1993 - 2027
GDP Deflator Growth (%) 16.3 Dec 2022 quarterly Mar 2001 - Dec 2022
GDP per Capita (USD) 5,975.851 2020 yearly 1994 - 2020
Gross Fixed Capital Formation (USD mn) 3,901.151 2023 yearly 1990 - 2023
Gross National Product (GNP) (USD mn) 13,952.039 2023 yearly 1990 - 2023
Gross Savings Rate (%) 7.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Investment: % of GDP (%) 21.8 Jun 2024 quarterly Mar 2000 - Jun 2024
Nominal GDP (USD mn) 3,828.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Nominal GDP Growth (%) 7.276 Jun 2024 quarterly Mar 2001 - Jun 2024
Private Consumption Expenditure (USD mn) 2,803.008 Jun 2024 quarterly Mar 2000 - Jun 2024
Private Consumption: % of GDP (%) 67.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Public Consumption Expenditure (USD mn) 681.293 Jun 2024 quarterly Mar 2000 - Jun 2024
Public Consumption: % of GDP (%) 18.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Real GDP Growth (%) 0.6 Dec 2022 quarterly Mar 2001 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 152.070 Jun 2024 quarterly Mar 2000 - Jun 2024
Production Last Frequency Range
Industrial Production Index Growth (%) -7.9 Sep 2024 monthly Jan 2004 - Sep 2024
Minerals Production (Metric Ton) 5,897,993.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 11.000 2015 yearly 1992 - 2015
Construction and Properties Last Frequency Range
Building Permits (Unit) 363.000 Oct 2024 monthly Jan 2008 - Oct 2024
House Prices Growth (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Nominal Residential Property Price Index (2010=100) 154.504 Jun 2024 quarterly Mar 2000 - Jun 2024
Nominal Residential Property Price Index Growth (%) 11.464 Jun 2024 quarterly Mar 2001 - Jun 2024
Real Residential Property Price Index (2010=100) 101.151 Jun 2024 quarterly Mar 2000 - Jun 2024
Real Residential Property Price Index Growth (%) 7.255 Jun 2024 quarterly Mar 2001 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2022 yearly 1993 - 2022
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
Government Debt: % of GDP (%) 54.5 Jun 2024 quarterly Dec 2009 - Jun 2024
Tax Revenue (USD mn) 297.540 Oct 2024 monthly Jan 2004 - Oct 2024
National Government Debt (USD mn) 8,185.4 Jun 2024 quarterly Dec 2009 - Jun 2024
Consolidated Fiscal Balance (USD mn) -685.568 2023 yearly 2009 - 2023
Tax Revenue: % of GDP (%) 20.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 691,736.000 Jun 2024 quarterly Mar 2004 - Jun 2024
Forecast: Employment (Person mn) 0.000 yearly -
Forecast: Population (Person mn) 2.069 2028 yearly 1992 - 2028
Forecast: Unemployment Rate (%) 12.500 2029 yearly 1996 - 2029
Labour Force Participation Rate (%) 52.1 Jun 2024 quarterly Mar 2023 - Jun 2024
Labour Productivity Growth (%) 1.97 Jun 2024 quarterly Mar 2005 - Jun 2024
Monthly Earnings (USD) 1,130 Sep 2024 monthly Dec 2003 - Sep 2024
Population (Person mn) 1.8 2023 yearly 1950 - 2023
Unemployment Rate (%) 12.50 Jun 2024 quarterly Mar 2023 - Jun 2024

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