North Macedonia Business Confidence Growth

2002 - 2022 | Monthly | % Point | CEIC Data

Key information about North Macedonia Business Confidence Growth

  • North Macedonia Business Confidence dropped by 2.9 % in Dec 2022, compared with a decrease of 2.9 % YoY in the previous month.
  • North Macedonia Business Confidence: YoY Change is updated monthly, available from Apr 2002 to Dec 2022, with an averaged rate of -12.8 %.
  • The data reached an all-high of 34.3 % in Jul 2011 and a record low of -24.8 % in Jun 2009.

CEIC calculates Business Confidence Change from monthly Business Situation Appraisal. The State Statistical Office of the Republic of North Macedonia used to provide Business Situation Appraisal with range from -100 to 100 with neutral point 0. Business Confidence covers Manufacturing sector only.

View North Macedonia's Business Confidence Growth from Apr 2002 to Dec 2022 in the chart:

North Macedonia Business Confidence Growth

What was North Macedonia's Business Confidence Growth in Dec 2022?

North Macedonia Business Confidence dropped by 2.9 % in Dec 2022, compared with a decrease of 2.9 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2.9 Dec 2022 -2.9 Nov 2022 -24.8 Jun 2009 34.3 Jul 2011 % Point monthly Apr 2002 - Dec 2022

Business Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) -0.8 Mar 2026 quarterly Jun 2017 - Mar 2026
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -23.0 Apr 2026 monthly Jul 2013 - Apr 2026
Austria (% Point) 2.0 Apr 2026 monthly Jan 1986 - Apr 2026
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) 1.3 May 2026 monthly Jan 1981 - May 2026
Brazil (% Point) -1.6 May 2026 monthly Jan 2010 - May 2026
Bulgaria (% Point) -2.6 Apr 2026 monthly Jan 1994 - Apr 2026
Canada (% Point) 19.6 Apr 2026 monthly Dec 2001 - Apr 2026
Chile (% Point) 8.3 May 2026 monthly Nov 2004 - May 2026
China (% Point) 1.0 May 2026 monthly Jan 2006 - May 2026
Colombia (% Point) -1.6 Apr 2026 monthly Jan 1981 - Apr 2026
Croatia (% Point) 4.6 Apr 2026 monthly May 2009 - Apr 2026
Cyprus (% Point) -22.1 Apr 2026 monthly May 2003 - Apr 2026
Czech Republic (% Point) 0.0 May 2026 monthly Mar 1994 - May 2026
Denmark (% Point) -10.8 Apr 2026 monthly Jan 1986 - Apr 2026
Ecuador (% Point) -16.2 Apr 2026 monthly Feb 2011 - Apr 2026
Estonia (% Point) -1.6 Apr 2026 monthly May 2002 - Apr 2026
European Union (% Point) 2.7 Apr 2026 monthly Jan 1986 - Apr 2026
Finland (% Point) 10.9 Apr 2026 monthly Jan 1994 - Apr 2026
France (% Point) -2.2 Apr 2026 monthly Jan 1986 - Apr 2026
Georgia (% Point) 12.2 Mar 2026 quarterly Dec 2014 - Mar 2026
Germany (% Point) 2.7 Apr 2026 monthly Jan 1992 - Apr 2026
Ghana (%) 10.4 Feb 2026 monthly Dec 2013 - Feb 2026
Greece (% Point) -3.7 Apr 2026 monthly Jan 1986 - Apr 2026
Hong Kong SAR, China (% Point) 4.0 Jun 2026 quarterly Mar 2009 - Jun 2026
Hungary (% Point) 5.1 May 2026 monthly Jan 1997 - May 2026
Iceland (% Point) -107.7 Mar 2026 quarterly Dec 2003 - Mar 2026
India (% Point) 1.3 Jun 2026 quarterly Jun 2001 - Jun 2026
Indonesia (% Point) 2.7 Jun 2026 quarterly Mar 2011 - Jun 2026
Israel (% Point) -7.9 Apr 2026 monthly Jan 2016 - Apr 2026
Italy (% Point) 1.9 Apr 2026 monthly Jan 1986 - Apr 2026
Japan (% Point) 3.0 Jun 2026 quarterly Mar 2005 - Jun 2026
Kazakhstan (% Point) 1.0 Dec 2024 quarterly Mar 2009 - Dec 2024
South Korea (% Point) 9.0 Jun 2026 monthly Feb 2004 - Jun 2026
Latvia (% Point) 2.1 Nov 2025 monthly Apr 1994 - Nov 2025
Lithuania (% Point) 1.0 May 2026 monthly Apr 2004 - May 2026
Luxembourg (% Point) -10.7 May 2026 monthly Jan 1986 - May 2026
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 25.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Malta (% Point) -20.0 Apr 2026 monthly Nov 2003 - Apr 2026
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -4.0 May 2026 monthly Jan 2005 - May 2026
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 1.7 May 2026 monthly Jan 1986 - May 2026
New Zealand (% Point) 10.2 Oct 2025 monthly Aug 2003 - Oct 2025
Nigeria (% Point) -3.6 Apr 2026 monthly Jul 2015 - Apr 2026
Norway (% Point) 6.1 Nov 2025 monthly Feb 2005 - Nov 2025
Palestinian Territory (% Point) 3.8 Jan 2026 monthly Apr 2014 - Jan 2026
Peru (% Point) -15.1 Apr 2026 monthly Apr 2003 - Apr 2026
Philippines (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
Poland (% Point) 3.8 Nov 2025 monthly Jul 2006 - Nov 2025
Portugal (% Point) 0.3 Apr 2026 monthly Jan 1988 - Apr 2026
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -2.2 Apr 2026 monthly Jul 1992 - Apr 2026
Russia (% Point) -4.0 May 2026 monthly Jan 2006 - May 2026
Serbia (% Point) -1.3 May 2026 monthly May 2014 - May 2026
Singapore (% Point) 2.2 Apr 2026 monthly Jan 2000 - Apr 2026
Slovakia (% Point) 7.0 Apr 2026 monthly Jan 1994 - Apr 2026
Slovenia (% Point) 1.8 May 2026 monthly May 1996 - May 2026
South Africa (% Point) 13.9 Apr 2026 monthly Sep 2000 - Apr 2026
Spain (% Point) 2.5 Jan 2026 monthly Jan 1994 - Jan 2026
Sri Lanka (% Point) 5.8 Oct 2025 monthly May 2016 - Oct 2025
Sweden (% Point) 7.2 May 2026 monthly Nov 1995 - May 2026
Switzerland (% Point) 29.8 May 2026 monthly Jan 1996 - May 2026
Taiwan, China (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) -8.4 May 2026 monthly Feb 2000 - May 2026
Turkey (% Point) 2.4 May 2026 monthly Jan 2008 - May 2026
Ukraine (% Point) -2.1 Dec 2025 quarterly Sep 2013 - Dec 2025
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 10.8 May 2026 monthly Jan 1949 - May 2026
Uruguay (% Point) -13.4 Jan 2026 monthly Oct 1999 - Jan 2026

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North Macedonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 2024 yearly 1993 - 2024
Consolidated Fiscal Balance (USD mn) -764.590 2025 yearly 2009 - 2025
Tax Revenue (USD mn) 311.743 Mar 2026 monthly Jan 2004 - Mar 2026
Tax Revenue: % of GDP (%) 18.0 Mar 2026 quarterly Mar 2004 - Mar 2026
National Government Debt (USD mn) 10,272.3 Dec 2025 quarterly Dec 2009 - Dec 2025
Government Debt: % of GDP (%) 51.8 Dec 2025 quarterly Dec 2009 - Dec 2025
Forecast: Government Expenditure (MKD bn) 542.546 2031 yearly 1997 - 2031
Forecast: Government Net Debt (MKD bn) 810.662 2031 yearly 1999 - 2031
Forecast: Government Revenue (MKD bn) 497.883 2031 yearly 1997 - 2031
Central Government Budget: Financing (MKD mn) 6,415.000 Mar 2026 monthly Jan 2004 - Mar 2026
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 1,729.000 Mar 2026 monthly Jan 2004 - Mar 2026
Central Government Budget: Revenue (MKD mn) 32,386.000 Apr 2026 monthly Jan 2004 - Apr 2026
Central Government Budget Balance (MKD mn) -6,415.000 Mar 2026 monthly Jan 2004 - Mar 2026
Central Government Budget: Expenditure: Capital (MKD mn) 1,800.000 Apr 2026 monthly Jan 2004 - Apr 2026
Central Government Budget: Expenditure (MKD mn) 38,405.000 Mar 2026 monthly Jan 2004 - Mar 2026
Central Government Budget: Expenditure: Current (MKD mn) 33,924.000 Mar 2026 monthly Jan 2004 - Mar 2026
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 7,705.000 Mar 2026 monthly Jan 2004 - Mar 2026
Public Debt: Domestic (EUR mn) 4,570.228 2025 yearly 1999 - 2025
Public Debt: External (EUR mn) 5,493.877 2025 yearly 1999 - 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -193.5 Mar 2026 monthly Dec 1993 - Mar 2026
Total Exports (USD mn) 916.1 Apr 2026 monthly Jan 2002 - Apr 2026
Total Exports Growth (%) 10.3 Sep 2025 monthly Jan 2003 - Sep 2025
Aluminum: Exports (USD th) 2,950.942 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 173,759.623 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 2,463.067 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,354.8 Apr 2026 monthly Jan 2002 - Apr 2026
Total Imports Growth (%) 3.6 Mar 2026 monthly Jan 2003 - Mar 2026
Imports: Medicament (USD th) 226,116.306 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 80,622.846 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 6.073 Apr 2026 monthly Jan 1999 - Apr 2026
Total Imports from USA (USD mn) 22.260 Apr 2026 monthly Jan 1993 - Apr 2026
Total Exports to China (USD mn) 4.783 Mar 2026 monthly Jan 1999 - Mar 2026
Total Imports from China (USD mn) 106.971 Mar 2026 monthly Aug 1996 - Mar 2026
Exports: Kosovo (USD th) 42,537.159 Mar 2026 monthly Jan 2013 - Mar 2026
Exports: Germany (USD th) 331,092.885 Apr 2026 monthly Jan 2013 - Apr 2026
Exports: Czech Republic (USD th) 27,939.111 Apr 2026 monthly Jan 2013 - Apr 2026
Exports: China (USD th) 6,345.823 Apr 2026 monthly Jan 2013 - Apr 2026
Exports: Bulgaria (USD th) 57,705.103 Mar 2026 monthly Jan 2013 - Mar 2026
Imports: USA (USD th) 22,259.784 Apr 2026 monthly Jan 2013 - Apr 2026
Imports: Greece (USD th) 161,951.360 Apr 2026 monthly Jan 2013 - Apr 2026
Imports: Great Britain (USD th) 245,155.707 Apr 2026 monthly Jan 2013 - Apr 2026
Imports: Germany (USD th) 109,300.099 Apr 2026 monthly Jan 2013 - Apr 2026
Imports: China (USD th) 106,971.350 Mar 2026 monthly Jan 2013 - Mar 2026
Import Value Index (2015=100) 187.400 2023 yearly 1995 - 2023
Export Value Index (2015=100) 197.800 2023 yearly 1995 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -215.0 Dec 2025 monthly Jan 2001 - Dec 2025
Current Account Balance (USD mn) 37.6 Sep 2025 monthly Jan 2001 - Sep 2025
Current Account Balance: % of GDP (%) -7.6 Mar 2026 quarterly Mar 2000 - Mar 2026
Foreign Direct Investment (USD mn) 68.0 Sep 2025 monthly Jan 2001 - Sep 2025
Foreign Direct Investment: % of GDP (%) 9.5 Mar 2026 quarterly Mar 2000 - Mar 2026
Foreign Portfolio Investment (USD mn) 666.923 Mar 2026 quarterly Mar 1998 - Mar 2026
Foreign Portfolio Investment: % of GDP (%) 14.6 Mar 2026 quarterly Mar 2000 - Mar 2026
Foreign Portfolio Investment: Equity Securities (USD mn) 0.2 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 22.286 Dec 2025 quarterly Mar 1998 - Dec 2025
External Debt (USD mn) 14,345.4 Dec 2025 quarterly Dec 2005 - Dec 2025
External Debt: % of GDP (%) 72.0 2025 yearly 2004 - 2025
External Debt: Short Term (USD mn) 3,679.0 Dec 2025 quarterly Dec 2005 - Dec 2025
External Debt: Short Term: % of GDP (%) 19.4 2024 yearly 2004 - 2024
Total Debt: % of GDP (%) 342.8 2025 yearly 2013 - 2025
Forecast: Current Account Balance (USD bn) -0.873 2031 yearly 1992 - 2031
Net International Investment Position (USD mn) -10,243.560 Sep 2025 quarterly Dec 2006 - Sep 2025
BoP: CA: GS: Services (USD mn) 74.869 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: CA: SI: Debit (USD mn) 24.535 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 34.832 Dec 2025 monthly Jan 2001 - Dec 2025
BoP: CA: SI: Credit (USD mn) 331.474 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Primary Income (PI) (USD mn) -76.758 Dec 2025 monthly Jan 2001 - Dec 2025
BoP: CA: Credit (USD mn) 1,320.558 Dec 2025 monthly Jan 2001 - Dec 2025
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) -7.355 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Net Errors & Omissions (USD mn) 34.119 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: CA: PI: Debit (USD mn) 107.331 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 62.437 Sep 2025 monthly Jan 2001 - Sep 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) -178.446 Dec 2025 monthly Jan 2001 - Dec 2025
BoP: CA: Debit (USD mn) 1,358.268 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account (USD mn) -0.127 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -65.253 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account: Credit (USD mn) 0.048 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services: Credit (USD mn) 318.824 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: PI: Credit (USD mn) 24.334 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: CA: Secondary Income (SI) (USD mn) 306.939 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Direct Investment (DI) (USD mn) -5.595 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Reserve Assets (USD mn) -120.323 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods (USD mn) -273.325 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 105.854 Dec 2025 monthly Jan 2001 - Dec 2025
BoP: Financial Account (FA) (USD mn) -153.901 Dec 2025 monthly Jan 2001 - Dec 2025
BoP: CA: GS: Services: Debit (USD mn) 235.032 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods: Debit (USD mn) 949.347 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: FA: Other Investment (OI) (USD mn) 102.630 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account: Debit (USD mn) 0.176 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 68.032 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -3.971 Mar 2026 monthly Jan 2001 - Mar 2026
BoP: CA: GS: Goods: Credit (USD mn) 641.390 Dec 2025 monthly Jan 2001 - Dec 2025
Gross External Debt: GG: Long Term (LT) (EUR mn) 4,053.687 Dec 2025 quarterly Mar 2006 - Dec 2025
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.144 Dec 2025 quarterly Mar 2006 - Dec 2025
Gross External Debt: MI: Private (EUR mn) 6,762.921 Dec 2025 quarterly Mar 2006 - Dec 2025
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,438.688 Dec 2025 quarterly Mar 2006 - Dec 2025
FDI: Flow: United States of America (EUR mn) -6.637 Mar 2026 quarterly Mar 2008 - Mar 2026
FDI: Flow: Austria (EUR mn) -98.505 Mar 2026 quarterly Mar 2008 - Mar 2026
FDI: Flow: Belgium (EUR mn) -12.442 Mar 2026 quarterly Mar 2008 - Mar 2026
FDI: Flow: Turkey (EUR mn) 23.857 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: United Kingdom (EUR mn) -13.903 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 6.334 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) -5.589 Mar 2026 quarterly Mar 2009 - Mar 2026
FDI: Flow: NACE 2: Manufacturing (EUR mn) -45.634 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Construction (EUR mn) 36.408 Mar 2026 quarterly Mar 2009 - Mar 2026
FDI: Flow: NACE 2: Services (EUR mn) -85.259 Mar 2026 quarterly Mar 2009 - Mar 2026
Foreign Direct Investment (FDI): Flow (USD mn) 141.832 Mar 2026 monthly Jan 2007 - Mar 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Dec 2025 quarterly Dec 2005 - Dec 2025
Household Debt: % of GDP (%) 26.8 Mar 2026 quarterly Mar 2003 - Mar 2026
Non-Performing Loans (USD mn) 233.627 Sep 2025 quarterly Dec 2005 - Sep 2025
Money Supply M1 (USD mn) 6,201.714 Apr 2026 monthly Jan 2003 - Apr 2026
Money Supply M2 (USD mn) 10,699.742 Apr 2026 monthly Jan 2003 - Apr 2026
M2 Growth (%) 9.6 Apr 2026 monthly Jan 2004 - Apr 2026
Reserve Requirement Ratio (%) 9.0 Apr 2026 monthly Jan 2004 - Apr 2026
Foreign Exchange Reserves (USD mn) 5,075.9 Apr 2026 monthly Dec 1993 - Apr 2026
Foreign Exchange Reserves: % of GDP (%) 25.436 Mar 2026 quarterly Dec 2000 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 3.7 Apr 2026 monthly Jan 2002 - Apr 2026
Gold Reserves (USD mn) 1,025.228 Apr 2026 monthly Dec 1992 - Apr 2026
Total Deposits (USD mn) 12,463.517 Apr 2026 monthly Jan 2003 - Apr 2026
Total Deposits Growth (%) 9.3 Apr 2026 monthly Jan 2004 - Apr 2026
Domestic Credit (USD mn) 12,582.9 Apr 2026 monthly Jan 2003 - Apr 2026
Domestic Credit Growth (%) 11.9 Apr 2026 monthly Jan 2004 - Apr 2026
Household Debt (USD mn) 5,441.4 Apr 2026 monthly Jan 2003 - Apr 2026
Total Loans (USD mn) 10,929.175 Apr 2026 monthly Jan 2003 - Apr 2026
Total Loans Growth (%) 13.27 Apr 2026 monthly Jan 2004 - Apr 2026
Private Debt: % of Nominal GDP (%) 52.91 Mar 2026 quarterly Mar 2003 - Mar 2026
Official Reserve Assets (EUR mn) 5,207.362 Apr 2026 monthly Jan 2005 - Apr 2026
Official Reserve Assets: Foreign Currency (EUR mn) 4,327.626 Apr 2026 monthly Jan 2005 - Apr 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

More Indicators for North Macedonia

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