GDP in Macedonia
Macedonia - GDPThe 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
|Economic Growth (GDP, annual variation in %)||2.9||3.8||3.9||2.9||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Macedonia GDP Chart
|Exchange Rate||54.64||-0.56 %||Apr 22|
|Stock Market||0.1||0.0 %||Nov 26|
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