GDP in Macedonia

Macedonia GDP | Economic News & Forecasts

Macedonia - GDP

The latest national accounts data reveals the economic damage caused by prolonged political turbulence. GDP growth contracted a steep 1.8% in annual terms in Q2, coming in below Q1’s flat rate and marking the worst print in years. Growth was dragged down by a 19.9% contraction in fixed investment, which more than offset faster growth in private consumption and a solid external sector. Despite the abysmal reading, there are reasons to believe the worst is past following the formation of a government at the end of Q2. The new government is making headways to improve the business climate and attract greater FDI inflows. Noting this, S&P Global Ratings affirmed the country’s BB-/B and stable outlook in its September review.

Macedonia - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)-0.5  2.9  3.5  3.9  2.4  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Macedonia GDP Chart


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

Macedonia Facts

ValueChangeDate
Exchange Rate51.95-0.56 %Oct 19
Stock Market0.10.0 %Oct 19

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form