Government Consumption in North Macedonia
In the year 2024, the government consumption in North Macedonia was 9.12%, compared to 3.02% in 2014 and -1.75% in 2023. It averaged 1.56% over the last decade.
North Macedonia Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for North Macedonia from 2014 to 2024.
Source: Macrobond.
North Macedonia Government Consumption Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Government Consumption (ann. var. %) | 9.8 | 0.9 | -4.3 | -1.8 | 9.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Macedonian government consumption projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Macedonian government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Macedonian government consumption projections.
Want to get access to the full dataset of Macedonian government consumption forecasts? Send an email to info@focus-economics.com.