North Macedonia Consolidated Fiscal Balance: % of GDP

Key information about North Macedonia Consolidated Fiscal Balance: % of GDP

• North Macedonia Consolidated Fiscal Balance recorded a deficit equal to 4.5 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 5.4 % in the previous year
• North Macedonia Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1993 to Dec 2022, with an average ratio of -2.5 %
• The data reached an all-time high of 2.4 % in Dec 2000 and a record low of -13.4 % in Dec 1993

CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Ministry of Finance of the Republic of North Macedonia provides Consolidated Fiscal Balance in local currency. The State Statistical Office of the Republic of North Macedonia provides Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to 2009 is sourced directly from the National Bank of the Republic of North Macedonia and covers Central Government only.


Further information about North Macedonia Consolidated Fiscal Balance: % of GDP

• In the latest reports, North Macedonia National Government Debt reached 7.8 USD bn in Mar 2023
• North Macedonia Nominal GDP reached 3.5 USD bn in Mar 2023

View North Macedonia's Consolidated Fiscal Balance: % of GDP from 1993 to 2022 in the chart:

What was North Macedonia's Consolidated Fiscal Balance: % of GDP in 2022?

North Macedonia Consolidated Fiscal Balance recorded a deficit equal to 4.5 % of its Nominal GDP in Dec 2022, compared with a deficit equal to 5.4 % in the previous year See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
-4.5 2022	-5.4 2021	-13.4 1993	2.4 2000	%	yearly	1993 - 2022

Consolidated Fiscal Balance: % of GDP by Country Comparison

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