Expense in North Macedonia
North Macedonia: Expense was 33.4% in 2023. ▲ Rising
Expense in North Macedonia, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
North Macedonia recorded 33.4% for expense in 2023.
That represents a change of up 3.7% on the previous year and up 18.2% over ten years.
Over the whole period, expense in North Macedonia peaked at 34.9% in 2020 and was at its lowest, 27.8%, in 2016.
North Macedonia ranks 46th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Expense in North Macedonia, year by year
| Year | % of GDP | 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% | 28.9% | 31.3% | 5 |
| 2010s | 28.7% | 27.8% | 30.1% | 10 |
| 2020s | 33.5% | 32.2% | 34.9% | 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)
- Services, value added (constant LCU), per capita 178,246 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 13.49 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8702 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,129 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 9.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 47.56 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 498,876 current LCU per person (2025)
Frequently asked questions
- What is expense in North Macedonia?
- Expense in North Macedonia was 33.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in North Macedonia?
- The highest recorded value was 34.9% in 2020.
- What is the lowest expense recorded in North Macedonia?
- The lowest recorded value was 27.8% in 2016.
- How does North Macedonia rank for expense?
- North Macedonia ranks 46th out of 157 countries with data for 2023.
- Is expense rising or falling in North Macedonia?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.