Fiscal Balance in Macedonia

Macedonia Fiscal Balance | Economic News & Forecasts

Macedonia - Fiscal Balance

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 - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-3.8  -4.2  -3.5  -2.7  -2.7  

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Note: Fiscal balance as % of GDP
Source: Ministry of Finance

Macedonia Facts

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

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