GDP in Macedonia

Macedonia GDP | Economic News & Forecasts

Macedonia - GDP

The ruling coalition led by the VMRO-DPMNE party only won by a tiny margin in the 11 December parliamentary elections. VMRO-DPMNE itself lost its parliamentary majority and obtained only two more seats than the main opposition party. Though the ruling party is expected to form a government, the electoral outcome is unlikely to put an end to the country’s over two-year political crisis. Alleged irregularities during polling and the fragmented composition of parliament will yield a fragile coalition government. This, in turn, will relegate the implementation of long-sought reforms and measures to tackle endemic corruption and structural unemployment to the back burner. Lastly, the ongoing political tension will stave off investment in the economy.

Macedonia - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.3  -0.5  2.7  3.5  3.7  

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Macedonia GDP Chart

Macedonia GDP
Note: Annual variation of gross domestic product (GDP) in %.

Macedonia Facts

Exchange Rate57.56-0.16 %Jan 20
Stock Market0.20.0 %Jan 20

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