North Macedonia Forecast: Current Account Balance

1992 - 2029 | Yearly | USD bn | International Monetary Fund

Key information about North Macedonia Forecast: Current Account Balance

  • North Macedonia Current Account Balance is forecasted to be -0.340 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 0.103 USD bn in Dec 2023.
  • Looking ahead, North Macedonia Current Account Balance is projected to stand at -0.541 USD bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View North Macedonia's Forecast: Current Account Balance from 1992 to 2029 in the chart:

North Macedonia Forecast: Current Account Balance

What is North Macedonia's Forecast: Current Account Balance in 2029?

North Macedonia Current Account Balance is forecasted to be -0.340 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.541 2029 -0.513 2028 -1.268 2008 0.103 2023 USD bn yearly 1992 - 2029

Forecast: Current Account Balance by Country Comparison

country/region Last Frequency Range
Afghanistan (USD bn) 2.814 2020 yearly 2002 - 2020
Albania (USD bn) -0.217 2029 yearly 1980 - 2029
Algeria (USD bn) -7.532 2029 yearly 1980 - 2029
Andorra (USD bn) 0.814 2029 yearly 2019 - 2029
Angola (USD bn) 1.605 2029 yearly 1980 - 2029
Antigua and Barbuda (USD bn) -0.253 2029 yearly 2014 - 2029
Argentina (USD bn) 10.560 2029 yearly 1980 - 2029
Armenia (USD bn) -1.665 2029 yearly 1992 - 2029
Aruba (USD bn) 0.152 2029 yearly 1999 - 2029
Australia (USD bn) -28.731 2029 yearly 1980 - 2029
Austria (USD bn) 14.304 2029 yearly 1980 - 2029
Azerbaijan (USD bn) 0.418 2029 yearly 1992 - 2029
Bahamas (USD bn) -1.207 2029 yearly 1980 - 2029
Bahrain (USD bn) 1.690 2029 yearly 1980 - 2029
Bangladesh (USD bn) -9.885 2029 yearly 1980 - 2029
Barbados (USD bn) -0.445 2029 yearly 1980 - 2029
Belarus (USD bn) -2.218 2029 yearly 1992 - 2029
Belgium (USD bn) 6.520 2029 yearly 1980 - 2029
Belize (USD bn) -0.098 2029 yearly 1980 - 2029
Benin (USD bn) -1.412 2029 yearly 1980 - 2029
Bhutan (USD bn) -0.728 2029 yearly 1980 - 2029
Bolivia (USD bn) -3.985 2029 yearly 1980 - 2029
Bosnia and Herzegovina (USD bn) -1.411 2029 yearly 1998 - 2029
Botswana (USD bn) 0.062 2029 yearly 1980 - 2029
Brazil (USD bn) -44.939 2029 yearly 1980 - 2029
Brunei (USD bn) 2.412 2029 yearly 1981 - 2029
Bulgaria (USD bn) -0.401 2029 yearly 1980 - 2029
Burkina Faso (USD bn) -0.678 2029 yearly 1980 - 2029
Burundi (USD bn) -0.585 2029 yearly 1980 - 2029
Cambodia (USD bn) -2.164 2029 yearly 1992 - 2029
Cameroon (USD bn) -2.355 2029 yearly 1980 - 2029
Canada (USD bn) -73.006 2029 yearly 1980 - 2029
Cape Verde (USD bn) -0.121 2029 yearly 1980 - 2029
Central African Republic (USD bn) -0.155 2029 yearly 1980 - 2029
Chad (USD bn) -0.328 2029 yearly 1980 - 2029
Chile (USD bn) -13.126 2029 yearly 1980 - 2029
China (USD bn) 285.473 2029 yearly 1997 - 2029
Colombia (USD bn) -17.950 2029 yearly 1980 - 2029
Comoros (USD bn) -0.093 2029 yearly 1980 - 2029
Congo (USD bn) -0.221 2029 yearly 1980 - 2029
Costa Rica (USD bn) -1.809 2029 yearly 1980 - 2029
Croatia (USD bn) 0.502 2029 yearly 1992 - 2029
Cyprus (USD bn) -3.624 2029 yearly 1980 - 2029
Czech Republic (USD bn) 2.915 2029 yearly 1995 - 2029
Democratic Republic of Congo (USD bn) -2.988 2029 yearly 1980 - 2029
Denmark (USD bn) 42.035 2029 yearly 1980 - 2029
Djibouti (USD bn) 0.380 2029 yearly 1991 - 2029
Dominica (USD bn) -0.136 2029 yearly 2000 - 2029
Dominican Republic (USD bn) -4.947 2029 yearly 1980 - 2029
Ecuador (USD bn) 3.608 2029 yearly 1980 - 2029
Egypt (USD bn) -22.028 2029 yearly 1980 - 2029
El Salvador (USD bn) -1.305 2029 yearly 1980 - 2029
Equatorial Guinea (USD bn) -0.968 2029 yearly 1987 - 2029
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) -1.545 2029 yearly 1993 - 2029
Swaziland (USD bn) 0.066 2029 yearly 1980 - 2029
Ethiopia (USD bn) -6.377 2029 yearly 1980 - 2029
Fiji (USD bn) -0.568 2029 yearly 1980 - 2029
Finland (USD bn) -3.245 2029 yearly 1980 - 2029
France (USD bn) -4.507 2029 yearly 1980 - 2029
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.046 2029 yearly 1980 - 2029
Georgia (USD bn) -2.751 2029 yearly 1995 - 2029
Germany (USD bn) 310.516 2029 yearly 1980 - 2029
Ghana (USD bn) -2.128 2029 yearly 1980 - 2029
Greece (USD bn) -10.465 2029 yearly 1980 - 2029
Grenada (USD bn) -0.152 2029 yearly 2014 - 2029
Guatemala (USD bn) 0.184 2029 yearly 1980 - 2029
Guinea (USD bn) -2.577 2029 yearly 1980 - 2029
Guinea-Bissau (USD bn) -0.127 2029 yearly 1980 - 2029
Guyana (USD bn) 8.231 2029 yearly 1980 - 2029
Haiti (USD bn) -0.463 2029 yearly 1980 - 2029
Honduras (USD bn) -1.912 2029 yearly 1980 - 2029
Hong Kong SAR, China (USD bn) 43.397 2029 yearly 1980 - 2029
Hungary (USD bn) 4.539 2029 yearly 1980 - 2029
Iceland (USD bn) 0.224 2029 yearly 1980 - 2029
India (USD bn) -139.437 2029 yearly 1980 - 2029
Indonesia (USD bn) -29.041 2029 yearly 1980 - 2029
Iran (USD bn) 17.997 2029 yearly 1980 - 2029
Iraq (USD bn) -22.319 2029 yearly 2001 - 2029
Ireland (USD bn) 53.932 2029 yearly 1980 - 2029
Israel (USD bn) 27.247 2029 yearly 1980 - 2029
Italy (USD bn) 68.336 2029 yearly 1980 - 2029
Ivory Coast (USD bn) -3.091 2029 yearly 1980 - 2029
Jamaica (USD bn) -0.506 2029 yearly 1980 - 2029
Japan (USD bn) 156.819 2029 yearly 1980 - 2029
Jordan (USD bn) -2.793 2029 yearly 1980 - 2029
Kazakhstan (USD bn) -13.182 2029 yearly 1992 - 2029
Kenya (USD bn) -5.665 2029 yearly 1980 - 2029
Kiribati (USD bn) 0.035 2029 yearly 1980 - 2029
South Korea (USD bn) 97.775 2029 yearly 1980 - 2029
Kosovo (USD bn) -1.071 2029 yearly 2000 - 2029
Kuwait (USD bn) 25.453 2029 yearly 1980 - 2029
Kyrgyzstan (USD bn) -1.291 2029 yearly 1992 - 2029
Laos (USD bn) 0.176 2029 yearly 1980 - 2029
Latvia (USD bn) -1.914 2029 yearly 1992 - 2029
Lebanon (USD bn) -5.647 2023 yearly 1980 - 2023
Lesotho (USD bn) -0.060 2029 yearly 1980 - 2029
Liberia (USD bn) -1.080 2029 yearly 2000 - 2029
Libya (USD bn) 5.770 2029 yearly 1980 - 2029

North Macedonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2022 yearly 1993 - 2022
Consolidated Fiscal Balance (USD mn) -764.028 2024 yearly 2009 - 2024
Tax Revenue (USD mn) 220.663 Jan 2025 monthly Jan 2004 - Jan 2025
Tax Revenue: % of GDP (%) 17.9 Dec 2024 quarterly Mar 2004 - Dec 2024
National Government Debt (USD mn) 8,589.2 Dec 2024 quarterly Dec 2009 - Dec 2024
Government Debt: % of GDP (%) 53.8 Dec 2024 quarterly Dec 2009 - Dec 2024
Forecast: Government Expenditure (MKD bn) 481.670 2029 yearly 1997 - 2029
Forecast: Government Net Debt (MKD bn) 703.720 2029 yearly 1999 - 2029
Forecast: Government Revenue (MKD bn) 445.403 2029 yearly 1997 - 2029
Central Government Budget: Expenditure: Capital (MKD mn) 447.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,364.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Expenditure: Current (MKD mn) 25,572.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 6,278.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget Balance (MKD mn) -4,600.000 Feb 2025 monthly Jan 2004 - Feb 2025
Central Government Budget: Revenue (MKD mn) 24,547.000 Feb 2025 monthly Jan 2004 - Feb 2025
Central Government Budget: Expenditure (MKD mn) 26,019.000 Jan 2025 monthly Jan 2004 - Jan 2025
Central Government Budget: Financing (MKD mn) 4,600.000 Feb 2025 monthly Jan 2004 - Feb 2025
Public Debt: External (EUR mn) 5,825.057 2024 yearly 1999 - 2024
Public Debt: Domestic (EUR mn) 3,800.301 2024 yearly 1999 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -279.2 Jan 2025 monthly Dec 1993 - Jan 2025
Total Exports (USD mn) 599.3 Jan 2025 monthly Jan 2002 - Jan 2025
Total Exports Growth (%) 7.9 May 2023 monthly Jan 2003 - May 2023
Aluminum: Exports (USD th) 3,509.780 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 151,860.641 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 2,231.062 2023 yearly 1995 - 2023
Total Imports (USD mn) 878.5 Jan 2025 monthly Jan 2002 - Jan 2025
Total Imports Growth (%) 0.6 Jan 2025 monthly Jan 2003 - Jan 2025
Imports: Medicament (USD th) 213,778.414 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 79,238.625 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 21.835 Jan 2025 monthly Jan 1999 - Jan 2025
Total Imports from USA (USD mn) 12.417 Jan 2025 monthly Jan 1993 - Jan 2025
Total Exports to China (USD mn) 1.134 Jan 2025 monthly Jan 1999 - Jan 2025
Total Imports from China (USD mn) 90.255 Jan 2025 monthly Aug 1996 - Jan 2025
Exports: Kosovo (USD th) 24,340.139 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Germany (USD th) 228,358.760 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Czech Republic (USD th) 24,193.187 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: China (USD th) 1,133.940 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Bulgaria (USD th) 40,214.420 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: USA (USD th) 12,417.012 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Greece (USD th) 88,550.137 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Great Britain (USD th) 119,940.274 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Germany (USD th) 77,042.170 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: China (USD th) 90,255.212 Jan 2025 monthly Jan 2013 - Jan 2025
Import Value Index (2015=100) 177.142 2021 yearly 1995 - 2021
Export Value Index (2015=100) 180.473 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -219.5 Dec 2024 monthly Jan 2001 - Dec 2024
Current Account Balance (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Current Account Balance: % of GDP (%) -6.7 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Direct Investment (USD mn) -64.7 Dec 2024 monthly Jan 2001 - Dec 2024
Foreign Direct Investment: % of GDP (%) 1.2 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Portfolio Investment (USD mn) -3.597 Dec 2024 quarterly Mar 1998 - Dec 2024
Foreign Portfolio Investment: % of GDP (%) -0.1 Dec 2024 quarterly Mar 2000 - Dec 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -3.0 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -70.708 Sep 2024 quarterly Mar 1998 - Sep 2024
External Debt (USD mn) 12,712.2 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: % of GDP (%) 83.2 2023 yearly 2004 - 2023
External Debt: Short Term (USD mn) 3,434.1 Jun 2024 quarterly Dec 2005 - Jun 2024
External Debt: Short Term: % of GDP (%) 23.6 2022 yearly 2004 - 2022
Total Debt: % of GDP (%) 335.8 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.541 2029 yearly 1992 - 2029
Net International Investment Position (USD mn) -9,533.892 Sep 2024 quarterly Dec 2006 - Sep 2024
BoP: CA: GS: Services (USD mn) 70.560 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 94.762 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: SI: Credit (USD mn) 272.360 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: Primary Income (PI) (USD mn) -65.908 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: Reserve Assets (USD mn) 139.220 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: SI: Debit (USD mn) 17.423 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -1.805 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: Capital Account (USD mn) 10.683 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 85.791 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: Capital Account: Credit (USD mn) 10.683 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) -219.522 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: Debit (USD mn) 1,194.690 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: PI: Debit (USD mn) 90.951 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: Net Errors & Omissions (USD mn) 25.119 Dec 2024 monthly Jan 2001 - Dec 2024
Balance of Payments (BoP): Current Account (CA) (USD mn) -95.654 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: PI: Credit (USD mn) 25.043 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: Financial Account (FA) (USD mn) -59.852 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: Direct Investment (DI) (USD mn) -154.777 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: Portfolio Investment (PI) (USD mn) 87.596 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: Other Investment (OI) (USD mn) -131.891 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: Secondary Income (SI) (USD mn) 254.937 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: GS: Services: Credit (USD mn) 279.076 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: GS: Goods: Debit (USD mn) 877.800 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: GS: Goods (USD mn) -355.243 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: Credit (USD mn) 1,099.036 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: GS: Services: Debit (USD mn) 208.516 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) -64.745 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: CA: GS: Goods: Credit (USD mn) 522.558 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: Capital Account: Debit (USD mn) 0.000 Dec 2024 monthly Jan 2001 - Dec 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 226.653 Dec 2024 monthly Jan 2001 - Dec 2024
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,796.950 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.050 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: MI: Private (EUR mn) 6,143.841 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,731.129 Jun 2024 quarterly Mar 2006 - Jun 2024
Foreign Direct Investment (FDI): Flow (USD mn) 177.690 Dec 2024 monthly Jan 2007 - Dec 2024
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 10.251 Dec 2024 quarterly Mar 2009 - Dec 2024
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) 10.516 Dec 2024 quarterly Mar 2009 - Dec 2024
FDI: Flow: NACE 2: Manufacturing (EUR mn) 197.976 Dec 2024 quarterly Mar 2009 - Dec 2024
FDI: Flow: NACE 2: Construction (EUR mn) 35.362 Dec 2024 quarterly Mar 2009 - Dec 2024
FDI: Flow: NACE 2: Services (EUR mn) 85.012 Dec 2024 quarterly Mar 2009 - Dec 2024
FDI: Flow: United States of America (EUR mn) -6.379 Dec 2024 quarterly Mar 2008 - Dec 2024
FDI: Flow: Austria (EUR mn) 58.505 Dec 2024 quarterly Mar 2008 - Dec 2024
FDI: Flow: Belgium (EUR mn) 7.867 Dec 2024 quarterly Mar 2008 - Dec 2024
FDI: Flow: Turkey (EUR mn) 31.874 Dec 2024 quarterly Mar 2008 - Dec 2024
FDI: Flow: United Kingdom (EUR mn) 174.720 Dec 2024 quarterly Mar 2008 - Dec 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.9 Sep 2024 quarterly Dec 2005 - Sep 2024
Household Debt: % of GDP (%) 26.3 Dec 2024 quarterly Mar 2003 - Dec 2024
Non-Performing Loans (USD mn) 257.098 Sep 2024 quarterly Dec 2005 - Sep 2024
Money Supply M1 (USD mn) 4,806.921 Jan 2025 monthly Jan 2003 - Jan 2025
Money Supply M2 (USD mn) 8,556.774 Jan 2025 monthly Jan 2003 - Jan 2025
M2 Growth (%) 7.0 Jan 2025 monthly Jan 2004 - Jan 2025
Reserve Requirement Ratio (%) 8.0 Jan 2025 monthly Jan 2004 - Jan 2025
Foreign Exchange Reserves (USD mn) 4,425.6 Feb 2025 monthly Dec 1993 - Feb 2025
Foreign Exchange Reserves: % of GDP (%) 29.004 Dec 2024 quarterly Dec 2000 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 5.3 Jan 2025 monthly Jan 2002 - Jan 2025
Gold Reserves (USD mn) 634.135 Feb 2025 monthly Dec 1992 - Feb 2025
Total Deposits (USD mn) 10,027.325 Jan 2025 monthly Jan 2003 - Jan 2025
Total Deposits Growth (%) 11.0 Jan 2025 monthly Jan 2004 - Jan 2025
Domestic Credit (USD mn) 9,424.5 Jan 2025 monthly Jan 2003 - Jan 2025
Domestic Credit Growth (%) 9.8 Jan 2025 monthly Jan 2004 - Jan 2025
Household Debt (USD mn) 4,231.5 Jan 2025 monthly Jan 2003 - Jan 2025
Total Loans (USD mn) 8,358.462 Jan 2025 monthly Jan 2003 - Jan 2025
Total Loans Growth (%) 11.32 Jan 2025 monthly Jan 2004 - Jan 2025
Private Debt: % of Nominal GDP (%) 51.28 Dec 2024 quarterly Mar 2003 - Dec 2024
Official Reserve Assets (EUR mn) 4,861.286 Feb 2025 monthly Jan 2005 - Feb 2025
Official Reserve Assets: Foreign Currency (EUR mn) 4,254.546 Feb 2025 monthly Jan 2005 - Feb 2025
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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