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Macedonia

71 series · 1800–2025 · Upper middle income · Europe & Central Asia

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1990–20251,043,881 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1990–202519,117 (2025)
Real GDPMillions of local currencyrGDP1952–2025695,051 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1952–2025381,706 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1952–202512,508 (2025)
DeflatorIndex, 2015 = 100deflator1990–2025150.2 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1952–20256,869 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1990–2025856,209 (2025)
Total consumption (% of GDP)Percent of GDPcons_GDP1990–202582.0 (2025)
Total consumption (USD)Millions of US dollarscons_USD1990–202515,680 (2025)
Household consumptionMillions of local currencyhcons1990–2025685,126 (2025)
Household consumption (% of GDP)Percent of GDPhcons_GDP1990–202565.6 (2025)
Household consumption (USD)Millions of US dollarshcons_USD1990–202512,547 (2025)
Government consumptionMillions of local currencygcons1990–2025171,083 (2025)
Government consumption (% of GDP)Percent of GDPgcons_GDP1990–202516.4 (2025)
Government consumption (USD)Millions of US dollarsgcons_USD1990–20253,133 (2025)
Gross capital formationMillions of local currencyinv1990–2025331,148 (2025)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1990–202531.7 (2025)
Gross capital formation (USD)Millions of US dollarsinv_USD1990–20256,064 (2025)
Gross fixed capital formationMillions of local currencyfinv1990–2025250,306 (2025)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1990–202524.0 (2025)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1990–20254,584 (2025)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1990–2025622,668 (2025)
Exports (% of GDP)Percent of GDPexports_GDP1990–202559.6 (2025)
Exports (USD)Millions of US dollarsexports_USD1990–202511,403 (2025)
ImportsMillions of local currencyimports1990–2025766,143 (2025)
Imports (% of GDP)Percent of GDPimports_GDP1990–202573.4 (2025)
Imports (USD)Millions of US dollarsimports_USD1990–202514,031 (2025)
Current accountMillions of local currencyCA1992–2025-44,539 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1992–2025-4.27 (2025)
USD exchange rateLocal currency per US dollarUSDfx1990–202554.6 (2025)
Real effective exchange rateIndex, 2015 = 100REER1990–2025115.3 (2025)
Current account (USD)Millions of US dollarsCA_USD1992–2025-815.6 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1997–2025377,835 (2025)
General government expenditureMillions of local currencygen_govexp1997–2025377,835 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP1997–202536.2 (2025)
Central government expenditureMillions of local currencycgovexp2005–2024230,090 (2024)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP2005–202423.9 (2024)
Government revenueMillions of local currencygovrev1997–2025336,000 (2025)
General government revenueMillions of local currencygen_govrev1997–2025336,000 (2025)
Central government revenueMillions of local currencycgovrev2005–2024200,208 (2024)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP1997–202532.2 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP2005–202420.8 (2024)
Government tax revenueMillions of local currencygovtax2005–2024196,885 (2024)
General government tax revenueMillions of local currencygen_govtax2006–2024196,885 (2024)
Central government tax revenueMillions of local currencycgovtax2005–2024182,007 (2024)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2006–202420.4 (2024)
Central government tax revenue (% of GDP)Percent of GDPcgovtax_GDP2005–202418.9 (2024)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1997–2025-4.01 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP1997–2025-4.01 (2025)
General government deficitMillions of local currencygen_govdef1997–2025-41,835 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP2005–2024-4.61 (2024)
Central government deficitMillions of local currencycgovdef2005–2024-44,435 (2024)
Government debt (% of GDP)Percent of GDPgovdebt_GDP1994–202552.5 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP1994–202552.5 (2025)
General government debtMillions of local currencygen_govdebt1994–2025548,310 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP1994–202460.7 (2024)
Central government debtMillions of local currencycgovdebt1994–2024584,900 (2024)
Government debtMillions of local currencygovdebt1994–2025548,310 (2025)
Government deficitMillions of local currencygovdef1997–2025-41,835 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1997–202536.2 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1997–202532.2 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2005–202420.4 (2024)

Money and interest rates

VariableCodeCoverageLatest
Central bank policy ratePercentcbrate1993–20254.00 (2025)
M3Millions of local currencyM32003–2024583,268 (2024)

Prices and labor markets

VariableCodeCoverageLatest
House price indexIndex, 2015 = 100HPI2000–2025215.7 (2025)
Real house price indexIndex, 2015 = 100rHPI2000–2025148.5 (2025)
Consumer price indexIndex, 2015 = 100CPI1981–2025145.2 (2025)
InflationPercentinfl1982–20254.07 (2025)
PopulationMillions of peoplepop1800–20251.82 (2025)
Unemployment ratePercentunemp1982–202511.5 (2025)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →