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North Macedonia Fiscal Balance
-4.4% GDPas of 2024
North Macedonia's fiscal balance stands at -4.4% GDP as of 2024. The indicator has remained relatively stable from -4.2% in 2014 to -4.4% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -4.2% GDP | — |
| 2015 | -3.5% GDP | +0.7pp |
| 2016 | -2.7% GDP | +0.8pp |
| 2017 | -2.7% GDP | 0.0pp |
| 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 |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.