North Macedonia Gross Savings Rate

2000 - 2020 | Quarterly | % | CEIC Data

North Macedonia Gross Savings Rate was measured at 17.8 % in Sep 2020, compared with 7.2 % in the previous quarter. North Macedonia Gross Savings Rate is updated quarterly, available from Mar 2000 to Sep 2020, with an average rate of 8.2 %. The data reached an all-time high of 22.7 % in Dec 2018 and a record low of -8.3 % in Sep 2001. CEIC calculates Gross Domestic Savings Rate from quarterly Gross Domestic Savings and quarterly Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. The State Statistical Office of the Republic of North Macedonia provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.

In the latest reports, North Macedonia GDP contracted 12.7 % YoY in Jun 2020. North Macedonia Nominal GDP reached 2.7 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 1.2 % in Jun 2020. North Macedonia GDP Per Capita reached 6,043.6 USD in Dec 2019.

View North Macedonia's Gross Savings Rate from Mar 2000 to Sep 2020 in the chart:

North Macedonia Gross Savings Rate

What was North Macedonia's Gross Savings Rate in Sep 2020?

Last Previous Min Max Unit Frequency Range
17.8 Sep 2020 7.2 Jun 2020 -8.3 Sep 2001 22.7 Dec 2018 % quarterly Mar 2000 - Sep 2020

Gross Savings Rate by Country Comparison

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Includes Gross Savings Rate on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 8.8 Sep 2020 quarterly Mar 2008 - Sep 2020
Algeria (%) 37.6 2016 yearly 2000 - 2016
Argentina (%) 22.8 Sep 2020 quarterly Mar 2004 - Sep 2020
Armenia (%) 10.3 Sep 2020 quarterly Dec 1994 - Sep 2020
Australia (%) 25.4 Sep 2020 quarterly Sep 1959 - Sep 2020
Austria (%) 27.3 Sep 2020 quarterly Mar 1995 - Sep 2020
Azerbaijan (%) 27.6 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) 31.6 2018 yearly 1989 - 2018
Bangladesh (%) 30.1 2020 yearly 2006 - 2020
Belarus (%) 35.3 Sep 2020 quarterly Mar 1992 - Sep 2020

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North Macedonia Key Series

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Includes 333 key indicators for North Macedonia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.2 2019 yearly 1993 - 2019
Consolidated Fiscal Balance (USD mn) -270.398 2019 yearly 2009 - 2019
Tax Revenue (USD mn) 214.984 Dec 2020 monthly Jan 2004 - Dec 2020
Tax Revenue: % of GDP (%) 14.1 Jun 2020 quarterly Mar 2004 - Jun 2020
National Government Debt (USD mn) 6,533.4 Sep 2020 quarterly Dec 2009 - Sep 2020
Government Debt: % of GDP (%) 50.4 Jun 2020 quarterly Dec 2009 - Jun 2020
Forecast: Government Expenditure (MKD bn) 296.133 2025 yearly 1997 - 2025
Forecast: Government Net Debt (MKD bn) 469.530 2025 yearly 1999 - 2025
Forecast: Government Revenue (MKD bn) 267.471 2025 yearly 1997 - 2025
Central Government Budget Balance (MKD mn) -13,809.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,056.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Revenue (MKD mn) 19,656.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Expenditure (MKD mn) 33,465.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Expenditure: Current (MKD mn) 28,157.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Expenditure: Capital (MKD mn) 5,308.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 4,522.000 Dec 2020 monthly Jan 2004 - Dec 2020
Central Government Budget: Financing (MKD mn) 13,809.000 Dec 2020 monthly Jan 2004 - Dec 2020
Public Debt: External (EUR mn) 3,709.349 2019 yearly 1999 - 2019
Public Debt: Domestic (EUR mn) 1,831.564 2019 yearly 1999 - 2019

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