Macedonia recorded a government debt equivalent to 40.70 percent of the country's Gross Domestic Product in 2018.
Government Debt to GDP in Macedonia averaged 35.91 percent from 1999 until 2018, reaching an all time high of 57.20 percent in 2000 and a record low of 20.50 percent in 2008. This page provides - Macedonia Government Debt to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Government Debt to GDP - values, historical data and charts - was last updated on August of 2020.
Government Debt to GDP in Macedonia is expected to reach 43.10 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Government Debt to GDP is projected to trend around 45.00 percent in 2021 and 47.00 percent in 2022, according to our econometric models.