Fiscal Expenditure in Macedonia decreased to 17503 MKD Million in January from 33465 MKD Million in December of 2020. source: Ministry of Finance of the Republic of Macedonia

Fiscal Expenditure in Macedonia averaged 13917.58 MKD Million from 2006 until 2021, reaching an all time high of 33465 MKD Million in December of 2020 and a record low of 6855 MKD Million in January of 2007. This page provides - Macedonia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Fiscal Expenditure - values, historical data and charts - was last updated on March of 2021.

Fiscal Expenditure in Macedonia is expected to be 16146.14 MKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Macedonia to stand at 16135.19 in 12 months time. In the long-term, the Macedonia Fiscal Expenditure is projected to trend around 16136.78 MKD Million in 2022, according to our econometric models.

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Macedonia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
17503.00 33465.00 33465.00 6855.00 2006 - 2021 MKD Million Monthly
Current Prices, NSA

Macedonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 40.40 57.20 20.50 percent [+]
Government Budget -2.00 -1.70 2.40 -13.40 percent of GDP [+]
Government Budget Value -2695.00 -13809.00 4291.00 -13809.00 MKD Million [+]
Government Spending 27798.00 27836.00 28133.00 11939.00 MKD Million [+]
Government Revenues 14808.00 19656.00 20711.00 6756.00 MKD Million [+]
Government Debt 4344.40 4302.30 4344.40 1387.00 EUR Million [+]
Fiscal Expenditure 17503.00 33465.00 33465.00 6855.00 MKD Million [+]
Military Expenditure 109.00 112.00 370.00 102.00 USD Million [+]
Credit Rating 45.00 [+]


Macedonia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.