North Macedonia Gross Savings Rate
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:
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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| 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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| 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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