Cash surplus/deficit as a proportion of GDP in North Macedonia
North Macedonia: Cash surplus/deficit as a proportion of GDP was -33.4% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in North Macedonia, 2005–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
North Macedonia recorded -33.4% for cash surplus/deficit as a proportion of gdp in 2023.
Compared with earlier readings it is down 3.7% on the previous year and down 18.2% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in North Macedonia peaked at -27.8% in 2016 and was at its lowest, -34.9%, in 2020.
That places North Macedonia 115th out of 162 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Cash surplus/deficit as a proportion of GDP in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -28.9% | — |
| 2006 | -29.6% | +2.3% |
| 2007 | -29.3% | -0.9% |
| 2008 | -30.6% | +4.3% |
| 2009 | -31.3% | +2.6% |
| 2010 | -30.1% | -4.0% |
| 2011 | -29.0% | -3.7% |
| 2012 | -29.4% | +1.3% |
| 2013 | -28.2% | -3.8% |
| 2014 | -28.4% | +0.4% |
| 2015 | -28.8% | +1.5% |
| 2016 | -27.8% | -3.5% |
| 2017 | -28.0% | +0.8% |
| 2018 | -27.8% | -0.5% |
| 2019 | -29.7% | +6.6% |
| 2020 | -34.9% | +17.6% |
| 2021 | -33.3% | -4.6% |
| 2022 | -32.2% | -3.4% |
| 2023 | -33.4% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -29.9% | -31.3% | -28.9% | 5 |
| 2010s | -28.7% | -30.1% | -27.8% | 10 |
| 2020s | -33.5% | -34.9% | -32.2% | 4 |
Countries ranked near North Macedonia
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 400.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0209 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 219.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 675.78 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0354 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in North Macedonia?
- Cash surplus/deficit as a proportion of gdp in North Macedonia was -33.4% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in North Macedonia?
- The highest recorded value was -27.8% in 2016.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in North Macedonia?
- The lowest recorded value was -34.9% in 2020.
- How does North Macedonia rank for cash surplus/deficit as a proportion of gdp?
- North Macedonia ranks 115th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in North Macedonia?
- Over the last ten years it is down 18.2%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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