Government Spending in Macedonia increased to 26273 MKD Million in the second quarter of 2019 from 25141 MKD Million in the first quarter of 2019. Government Spending in Macedonia averaged 19626.08 MKD Million from 2003 until 2019, reaching an all time high of 26344 MKD Million in the fourth quarter of 2018 and a record low of 11939 MKD Million in the first quarter of 2003.
Government Spending in Macedonia is expected to be 25293.00 MKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Macedonia to stand at 25845.00 in 12 months time. In the long-term, the Macedonia Government Spending is projected to trend around 28342.00 MKD Million in 2020, according to our econometric models.