GDP in Macedonia

Macedonia GDP | Economic News & Forecasts

Macedonia - GDP

The ongoing political crisis in Macedonia took a turn for the worse in March. The President refused to grant the opposition SDSM party a mandate to form a coalition government with ethnic Albanian parties, a decision the opposition has denounced as an attempted coup. This has plunged Macedonia into a constitutional crisis and no clear solution to the over-two-year-long political stalemate is in sight. In turn, lingering political uncertainty and fears of growing ethnic tensions in the country spell bad news for the economy. A solution to the political crisis is necessary to pave the way for stronger growth and the lack of a functioning government will delay talks over accession to the EU.

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 Rate56.94-0.16 %Mar 28
Stock Market0.40.0 %Mar 27

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