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North Macedonia Fiscal Balance

-4% GDPas of 2025

North Macedonia's fiscal balance stands at -4% GDP as of 2025. The indicator has remained relatively stable from -4.2% in 2014 to -4% in 2025. Source: IMF WEO.

Historical trend (20142025)

Fiscal Balance — Year by Year

YearValueChange
2014-4.2% GDP
2015-3.5% GDP+0.7pp
2016-2.7% GDP+0.8pp
2017-2.7% GDP0.0pp
2018-1.8% GDP+0.9pp
2019-2% GDP-0.2pp
2020-8% GDP-6.0pp
2021-5.3% GDP+2.7pp
2022-5.2% GDP+0.1pp
2023-4.6% GDP+0.6pp
2024-4.4% GDP+0.2pp
2025-4% GDP+0.4pp
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for North Macedonia

GDP Growth
3.5%
Inflation (CPI)
4.1%
Unemployment
12.3%
Debt / GDP
52.5%
Investment / GDP
31.7%

Fiscal Balance in other countries

🇩🇪
Germany
-2.7% GDP
🇬🇧
United Kingdom
-5.4% GDP
🇫🇷
France
-5.1% GDP
🇮🇹
Italy
-3.1% GDP