Current account balance (BoP, current US$) in North Macedonia
North Macedonia: Current account balance (BoP, current US$) was -814.98 million BoP, current US$ in 2025. ◆ Volatile
Current account balance in North Macedonia, 1996–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
North Macedonia recorded -814.98 million BoP, current US$ for current account balance in 2025.
The figure is down 128.9% on the previous year and down 372.9% over ten years.
Over the whole period, current account balance in North Macedonia peaked at 50.35 million BoP, current US$ in 2023 and was at its lowest, -1.24 billion BoP, current US$, in 2008.
That places North Macedonia 121st out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in North Macedonia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1996 | -288.14 million BoP, current US$ | — |
| 1997 | -275.49 million BoP, current US$ | -4.4% |
| 1998 | -280.10 million BoP, current US$ | +1.7% |
| 1999 | -65.56 million BoP, current US$ | -76.6% |
| 2000 | -103.11 million BoP, current US$ | +57.3% |
| 2001 | -235.35 million BoP, current US$ | +128.2% |
| 2002 | -378.76 million BoP, current US$ | +60.9% |
| 2003 | -185.50 million BoP, current US$ | -51.0% |
| 2004 | -451.61 million BoP, current US$ | +143.4% |
| 2005 | -159.30 million BoP, current US$ | -64.7% |
| 2006 | -28.55 million BoP, current US$ | -82.1% |
| 2007 | -605.75 million BoP, current US$ | +2021.8% |
| 2008 | -1.24 billion BoP, current US$ | +104.0% |
| 2009 | -609.57 million BoP, current US$ | -50.7% |
| 2010 | -198.29 million BoP, current US$ | -67.5% |
| 2011 | -261.70 million BoP, current US$ | +32.0% |
| 2012 | -319.14 million BoP, current US$ | +21.9% |
| 2013 | -177.16 million BoP, current US$ | -44.5% |
| 2014 | -54.73 million BoP, current US$ | -69.1% |
| 2015 | -172.33 million BoP, current US$ | +214.8% |
| 2016 | -284.30 million BoP, current US$ | +65.0% |
| 2017 | -66.29 million BoP, current US$ | -76.7% |
| 2018 | 18.17 million BoP, current US$ | -127.4% |
| 2019 | -376.49 million BoP, current US$ | -2171.9% |
| 2020 | -360.44 million BoP, current US$ | -4.3% |
| 2021 | -374.85 million BoP, current US$ | +4.0% |
| 2022 | -868.97 million BoP, current US$ | +131.8% |
| 2023 | 50.35 million BoP, current US$ | -105.8% |
| 2024 | -356.02 million BoP, current US$ | -807.0% |
| 2025 | -814.98 million BoP, current US$ | +128.9% |
North Macedonia compared with similar countries
- North Macedonia's -814.98 million BoP, current US$ is below the median for upper middle income countries, which is -464.37 million BoP, current US$, 1.8× the median. (57 countries reporting)
- North Macedonia's -814.98 million BoP, current US$ is above the median for Europe & Central Asia, which is -814.98 million BoP, current US$, 1.0× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -2171.9% | 18.17 million BoP, current US$ | -376.49 million BoP, current US$ |
| 2007 | -2021.8% | -28.55 million BoP, current US$ | -605.75 million BoP, current US$ |
| 2024 | -807.0% | 50.35 million BoP, current US$ | -356.02 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -227.32 million BoP, current US$ | -288.14 million BoP, current US$ | -65.56 million BoP, current US$ | 4 |
| 2000s | -399.33 million BoP, current US$ | -1.24 billion BoP, current US$ | -28.55 million BoP, current US$ | 10 |
| 2010s | -189.23 million BoP, current US$ | -376.49 million BoP, current US$ | 18.17 million BoP, current US$ | 10 |
| 2020s | -454.15 million BoP, current US$ | -868.97 million BoP, current US$ | 50.35 million BoP, current US$ | 6 |
Countries ranked near North Macedonia
- 118 Curacao -654.69 million BoP, current US$ compare
- 119 Cayman Islands -686.07 million BoP, current US$ compare
- 120 East Timor -701.36 million BoP, current US$ compare
- 122 Burkina Faso -918.24 million BoP, current US$ compare
- 123 Sierra Leone -984.26 million BoP, current US$ compare
- 124 Georgia -995.66 million BoP, current US$ compare
More economy & growth data for North Macedonia
- Real gdp growth, annual growth rate 16.47 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate -77.1 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.1524 units per person (2025)
- SDRs holdings, SDR, annual growth rate -78.2 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.1113 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -4.71 % change on previous year (2025)
Frequently asked questions
- What is current account balance in North Macedonia?
- Current account balance in North Macedonia was -814.98 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in North Macedonia?
- The highest recorded value was 50.35 million BoP, current US$ in 2023.
- What is the lowest current account balance recorded in North Macedonia?
- The lowest recorded value was -1.24 billion BoP, current US$ in 2008.
- How does North Macedonia rank for current account balance?
- North Macedonia ranks 121st out of 200 countries with data for 2025.
- Is current account balance rising or falling in North Macedonia?
- Over the last ten years it is down 372.9%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.