Fiscal Expenditure in Macedonia increased to 18957 MKD Million in April from 18263 MKD Million in March of 2020.

Fiscal Expenditure in Macedonia averaged 13551.08 MKD Million from 2006 until 2020, reaching an all time high of 26878 MKD Million in December of 2019 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 May of 2020.

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 2021, according to our econometric models.

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Macedonia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
18957.00 18263.00 26878.00 6855.00 2006 - 2020 MKD Million Monthly
Current Prices, NSA

Macedonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 39.50 57.20 20.50 percent [+]
Government Budget -1.80 -2.70 2.40 -13.40 percent of GDP [+]
Government Budget Value -4716.00 -3103.00 4291.00 -11373.00 MKD Million [+]
Government Spending 28133.00 25093.00 28133.00 11939.00 MKD Million [+]
Government Revenues 14241.00 15160.00 20711.00 6756.00 MKD Million [+]
Government Debt 4344.40 4302.30 4344.40 1387.00 EUR Million [+]
Fiscal Expenditure 18957.00 18263.00 26878.00 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.