Macedonia recorded a Government Budget deficit equal to 1.80 percent of the country's Gross Domestic Product in 2018.
Government Budget in Macedonia averaged -2.32 percent of GDP from 1993 until 2018, reaching an all time high of 2.40 percent of GDP in 2000 and a record low of -13.40 percent of GDP in 1993. This page provides - Macedonia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Government Budget - values, historical data and charts - was last updated on July of 2020.
Government Budget in Macedonia is expected to reach -4.10 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Government Budget is projected to trend around -5.20 percent of GDP in 2021 and -3.80 percent of GDP in 2022, according to our econometric models.