Macedonia MK: Military Expenditure

1996 - 2017 | Yearly | MKD mn | World Bank

Macedonia MK: Military Expenditure data was reported at 6,140.240 MKD mn in 2017. This records an increase from the previous number of 5,657.200 MKD mn for 2016. Macedonia MK: Military Expenditure data is updated yearly, averaging 5,956.700 MKD mn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 15,397.000 MKD mn in 2001 and a record low of 3,769.000 MKD mn in 1999. Macedonia MK: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macedonia – Table MK.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; ; Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

View North Macedonia's Macedonia MK: Military Expenditure from 1996 to 2017 in the chart:

North Macedonia Macedonia MK: Military Expenditure

What was North Macedonia's Macedonia MK: Military Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
6,140.24 2017 5,657.20 2016 3,769.00 1999 15,397.00 2001 MKD mn yearly 1996 - 2017

Related Indicators for Macedonia MK: Military Expenditure

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

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) 275.000 Aug 2024 monthly Jan 2008 - Aug 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) 252.190 Aug 2024 monthly Jan 2004 - Aug 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) 1,106 Aug 2024 monthly Dec 2003 - Aug 2024
Population (Person mn) 1.8 2023 yearly 1950 - 2023
Unemployment Rate (%) 12.50 Jun 2024 quarterly Mar 2023 - Jun 2024

More Indicators for North Macedonia

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data