GDP in Macedonia

Macedonia GDP | Economic News & Forecasts

Macedonia - GDP

The economy soared in the fourth quarter of 2018. Robust exports of goods and services benefitted from solid tourism in the quarter, while an acceleration in private consumption and a modest rebound in total investment more than offset weaker public spending. Turning to Q1 2019, available data suggests momentum could be ebbing. Tourism slowed in January, with arrivals and overnight stays falling in annual terms. Moreover, retail sales, although still strong, moderated slightly in January and February. On a brighter note, industrial production picked up in January and February thanks to stronger manufacturing output. In other news, on 13 March, S&P Global Ratings affirmed its BB- credit rating and stable outlook for the country.

Macedonia - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)2.9  3.8  3.9  2.9  0.0  

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Macedonia GDP Chart


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

Macedonia Facts

ValueChangeDate
Exchange Rate54.64-0.56 %Apr 22
Stock Market0.10.0 %Nov 26

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