Government Debt in Macedonia decreased to 5516 EUR Million in the fourth quarter of 2020 from 5573.10 EUR Million in the third quarter of 2020. source: Ministry of Finance, Republic of Macedonia

Government Debt in Macedonia averaged 3642.69 EUR Million from 2007 until 2020, reaching an all time high of 5573.10 EUR Million in the third quarter of 2020 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 May of 2021.

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 2022 and 5386.19 EUR Million in 2023, according to our econometric models.

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Macedonia Government Debt

Actual Previous Highest Lowest Dates Unit Frequency
5516.00 5573.10 5573.10 1387.00 2007 - 2020 EUR Million Quarterly
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 -1396.00 -2755.00 4291.00 -13809.00 MKD Million [+]
Government Spending 28968.00 27798.00 28968.00 11939.00 MKD Million [+]
Government Revenues 17305.00 16435.00 20711.00 6756.00 MKD Million [+]
Government Debt 5516.00 5573.10 5573.10 1387.00 EUR Million [+]
Fiscal Expenditure 18701.00 19190.00 33465.00 6855.00 MKD Million [+]
Military Expenditure 156.00 120.00 396.00 108.00 USD Million [+]
Credit Rating 45.00 [+]