Current Account in Macedonia

Macedonia Current Account | Economic News & Forecasts

Macedonia - Current Account

The economy continued to expand at a steady pace in the third quarter, with GDP growth matching that of the second quarter. Household consumption and government spending both picked up in Q3. On the flip side, total investment contracted for the third quarter in a row, albeit at a weaker rate than in Q2. On the external front, export growth moderated in Q3 while import growth accelerated. Turning to Q4, retail sales posted solid readings in October and November while tourist arrivals were robust in October, signaling buoyant private consumption.

Macedonia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-1.7  -0.6  -1.9  -2.8  -1.1  

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Macedonia Current Account Chart


Macedonia Current Account
Note: Current account balance as % of GDP.

Macedonia Facts

ValueChangeDate
Exchange Rate54.02-0.56 %Jan 16
Stock Market0.10.0 %Nov 26

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