Government Debt in Macedonia increased to 4344.40 EUR Million in the fourth quarter of 2019 from 4302.30 EUR Million in the third quarter of 2018.

Government Debt in Macedonia averaged 3234.03 EUR Million from 2007 until 2019, reaching an all time high of 4344.40 EUR Million in the fourth quarter of 2019 and a record low of 1387 EUR Million in the fourth quarter of 2008. This page provides - Macedonia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Government Debt - values, historical data and charts - was last updated on July of 2020.

Government Debt in Macedonia is expected to be 4635.13 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Macedonia to stand at 4789.88 in 12 months time. In the long-term, the Macedonia Government Debt is projected to trend around 5092.68 EUR Million in 2021 and 5386.19 EUR Million in 2022, according to our econometric models.

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Macedonia Government Debt

Actual Previous Highest Lowest Dates Unit Frequency
4344.40 4302.30 4344.40 1387.00 2007 - 2019 EUR Million Quarterly
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 -6766.00 -4716.00 4291.00 -11373.00 MKD Million [+]
Government Spending 26898.00 28133.00 28133.00 11939.00 MKD Million [+]
Government Revenues 12661.00 14241.00 20711.00 6756.00 MKD Million [+]
Government Debt 4344.40 4302.30 4344.40 1387.00 EUR Million [+]
Fiscal Expenditure 19427.00 18957.00 26878.00 6855.00 MKD Million [+]
Military Expenditure 109.00 112.00 370.00 102.00 USD Million [+]
Credit Rating 45.00 [+]