North Macedonia |
Gross domestic product, constant prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: No
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
467.057 |
445.890 |
463.726 |
483.202 |
501.564 |
520.122 |
538.846 |
558.244 |
2020 |
North Macedonia |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
3.174 |
-4.532 |
4.000 |
4.200 |
3.800 |
3.700 |
3.600 |
3.600 |
2020 |
North Macedonia |
Gross domestic product, current prices |
National currency |
Billions |
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: No
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
689.425 |
664.009 |
717.016 |
761.169 |
801.072 |
848.904 |
901.321 |
957.085 |
2020 |
North Macedonia |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
12.550 |
12.288 |
13.885 |
14.904 |
15.913 |
17.070 |
18.321 |
19.607 |
2020 |
North Macedonia |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
35.907 |
34.693 |
37.381 |
40.023 |
42.533 |
45.112 |
47.751 |
50.495 |
2020 |
North Macedonia |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
147.610 |
148.918 |
154.621 |
157.526 |
159.715 |
163.213 |
167.269 |
171.446 |
2020 |
North Macedonia |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
224,951.656 |
215,529.909 |
224,151.105 |
233,565.452 |
242,440.939 |
251,411.254 |
260,462.059 |
269,838.693 |
2020 |
North Macedonia |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
16,593.948 |
15,898.937 |
16,534.894 |
17,229.360 |
17,884.075 |
18,545.786 |
19,213.434 |
19,905.118 |
2020 |
North Macedonia |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
332,052.180 |
320,962.119 |
346,584.202 |
367,926.589 |
387,214.518 |
410,334.689 |
435,671.771 |
462,626.319 |
2020 |
North Macedonia |
Gross domestic product per capita, current prices |
U.S. dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
6,044.439 |
5,939.413 |
6,711.734 |
7,203.979 |
7,692.056 |
8,251.311 |
8,856.035 |
9,477.473 |
2020 |
North Macedonia |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
17,294.295 |
16,769.632 |
18,068.902 |
19,346.008 |
20,558.978 |
21,805.598 |
23,081.333 |
24,407.771 |
2020 |
North Macedonia |
Gross domestic product based on purchasing-power-parity (PPP) share of world total |
Percent |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.027 |
0.026 |
0.026 |
0.026 |
0.026 |
0.026 |
0.026 |
0.026 |
2020 |
North Macedonia |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
19.200 |
19.139 |
19.181 |
19.018 |
18.834 |
18.818 |
18.876 |
18.954 |
2020 |
North Macedonia |
Gross national savings |
Percent of GDP |
|
Source: National Statistics Office
Latest actual data: 2020
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2005
Chain-weighted: No
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
31.220 |
26.164 |
28.152 |
29.261 |
29.848 |
30.164 |
30.450 |
30.563 |
2020 |
North Macedonia |
Inflation, average consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2010
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
113.396 |
114.757 |
118.335 |
120.993 |
122.828 |
125.006 |
127.479 |
130.075 |
2020 |
North Macedonia |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
0.766 |
1.200 |
3.118 |
2.246 |
1.517 |
1.773 |
1.978 |
2.036 |
2020 |
North Macedonia |
Inflation, end of period consumer prices |
Index |
|
Source: National Statistics Office
Latest actual data: 2020
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2010
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
113.320 |
115.870 |
120.315 |
121.384 |
123.628 |
125.668 |
128.181 |
130.745 |
2020 |
North Macedonia |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
0.434 |
2.250 |
3.836 |
0.889 |
1.849 |
1.650 |
2.000 |
2.000 |
2020 |
North Macedonia |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
8.852 |
-10.489 |
6.694 |
7.396 |
8.027 |
8.695 |
8.802 |
9.102 |
2020 |
North Macedonia |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
14.798 |
-10.891 |
7.049 |
6.104 |
6.314 |
6.836 |
7.406 |
8.069 |
2020 |
North Macedonia |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
7.209 |
-10.851 |
8.213 |
8.691 |
8.727 |
8.824 |
8.861 |
9.046 |
2020 |
North Macedonia |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2020
Base year: 2005
Methodology used to derive volumes: Other
Formula used to derive volumes: Other
Chain-weighted: No
Trade System: General trade
Valuation of exports: Free on board (FOB)
Valuation of imports: Cost, insurance, freight (CIF)
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
13.591 |
-11.270 |
10.517 |
6.570 |
7.210 |
8.122 |
8.702 |
9.622 |
2020 |
North Macedonia |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2020
Employment type: National definition
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
17.250 |
16.375 |
15.939 |
15.641 |
15.251 |
15.051 |
14.736 |
14.623 |
2020 |
North Macedonia |
Population |
Persons |
Millions |
Source: National Statistics Office
Latest actual data: 2020
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
2.076 |
2.069 |
2.069 |
2.069 |
2.069 |
2.069 |
2.069 |
2.069 |
2020 |
North Macedonia |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
203.911 |
189.770 |
212.818 |
229.218 |
241.450 |
255.867 |
271.666 |
288.473 |
2020 |
North Macedonia |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
29.577 |
28.579 |
29.681 |
30.114 |
30.141 |
30.141 |
30.141 |
30.141 |
2020 |
North Macedonia |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
217.542 |
243.636 |
255.283 |
260.950 |
269.738 |
284.155 |
300.011 |
316.323 |
2020 |
North Macedonia |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
31.554 |
36.692 |
35.604 |
34.283 |
33.672 |
33.473 |
33.286 |
33.051 |
2020 |
North Macedonia |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
-13.631 |
-53.866 |
-42.465 |
-31.732 |
-28.288 |
-28.288 |
-28.346 |
-27.849 |
2020 |
North Macedonia |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-1.977 |
-8.112 |
-5.923 |
-4.169 |
-3.531 |
-3.332 |
-3.145 |
-2.910 |
2020 |
North Macedonia |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
-5.519 |
-45.835 |
-33.069 |
-22.160 |
-17.706 |
-17.276 |
-16.281 |
-14.245 |
2020 |
North Macedonia |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-0.801 |
-6.903 |
-4.612 |
-2.911 |
-2.210 |
-2.035 |
-1.806 |
-1.488 |
2020 |
North Macedonia |
General government net debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
275.937 |
335.257 |
373.371 |
403.853 |
430.566 |
457.429 |
484.657 |
511.079 |
2020 |
North Macedonia |
General government net debt |
Percent of GDP |
|
See notes for:
General government net debt (National currency).
|
40.024 |
50.490 |
52.073 |
53.057 |
53.749 |
53.885 |
53.772 |
53.400 |
2020 |
North Macedonia |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
280.179 |
340.302 |
379.665 |
411.397 |
439.360 |
467.473 |
495.951 |
523.623 |
2020 |
North Macedonia |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
40.640 |
51.250 |
52.951 |
54.048 |
54.846 |
55.068 |
55.025 |
54.710 |
2020 |
North Macedonia |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2020
Notes: Due to limited data on government assets, our net debt currently reflects gross debt net of government deposits.
Fiscal assumptions: Budget forecast and medium term projections.
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 1986. Lending minus repayment is included in total expenditures
Basis of recording: Cash
General government includes: Central Government; State Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Loans
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
689.425 |
664.009 |
717.016 |
761.169 |
801.072 |
848.904 |
901.321 |
957.085 |
2020 |
North Macedonia |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank
Latest actual data: 2020
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Macedonian denar
Data last updated: 09/2021
|
-0.417 |
-0.426 |
-0.286 |
-0.314 |
-0.342 |
-0.376 |
-0.413 |
-0.486 |
2020 |
North Macedonia |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
-3.322 |
-3.465 |
-2.059 |
-2.107 |
-2.151 |
-2.203 |
-2.256 |
-2.480 |
2020 |