Macedonia recorded a government budget deficit of 768 MKD Million in May of 2019. Government Budget Value in Macedonia averaged -999.39 MKD Million from 2006 until 2019, reaching an all time high of 4291 MKD Million in August of 2007 and a record low of -11373 MKD Million in December of 2008.

Macedonia Government Budget Value
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Macedonia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.70 39.50 57.20 20.50 percent [+]
Government Budget -2.70 -2.70 2.40 -13.40 percent of GDP [+]
Government Budget Value -768.00 -971.00 4291.00 -11373.00 MKD Million [+]
Government Spending 25141.00 26344.00 26344.00 11939.00 MKD Million [+]
Government Revenues 16742.00 17850.00 19108.00 6756.00 MKD Million [+]
Government Debt 4344.40 4302.30 4344.40 1387.00 EUR Million [+]
Fiscal Expenditure 17510.00 18821.00 22880.00 6855.00 MKD Million [+]
Credit Rating 47.50 [+]
Military Expenditure 109.00 112.00 370.00 102.00 USD Million [+]


Macedonia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Macedonia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-768.00 -971.00 4291.00 -11373.00 2006 - 2019 MKD Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -6598.20 Jun/19
Australia 13326.00 May/19
Brazil -47558.00 May/19
Canada -14900.00 Mar/19
China -48.70 May/19
France -83.90 May/19
Germany 5.87 Sep/18
India -3661.57 May/19
Indonesia -259900.00 Dec/18
Italy -16.95 Apr/19
Japan 72556.00 Mar/19
Mexico -5692.80 May/19
Netherlands 17.00 Mar/19
Russia 1561.07 Jun/19
Saudi Arabia -135704.00 Dec/18
Singapore 1697.60 Apr/19
South Africa -15882.00 May/19
South Korea -19104.00 May/19
Spain -15202.00 May/19
Switzerland 2176.00 Dec/19
Turkey -11869039.00 May/19
United Kingdom -2429.00 May/19
United States -8000.00 Jun/19


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