External balance on goods and services in North Macedonia
North Macedonia: External balance on goods and services was -116.39 billion constant LCU in 2025. ▼ Falling
External balance on goods and services in North Macedonia, 2005–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for external balance on goods and services in North Macedonia is -116.39 billion constant LCU, measured in 2025.
That represents a change of down 8.4% on the previous year and down 43.1% over ten years.
Over the whole period, external balance on goods and services in North Macedonia peaked at -50.05 billion constant LCU in 2005 and was at its lowest, -139.87 billion constant LCU, in 2022.
That places North Macedonia 113th out of 161 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
External balance on goods and services in North Macedonia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2005 | -50.05 billion constant LCU | — |
| 2006 | -51.82 billion constant LCU | +3.5% |
| 2007 | -61.02 billion constant LCU | +17.7% |
| 2008 | -77.56 billion constant LCU | +27.1% |
| 2009 | -70.19 billion constant LCU | -9.5% |
| 2010 | -62.49 billion constant LCU | -11.0% |
| 2011 | -56.14 billion constant LCU | -10.2% |
| 2012 | -70.92 billion constant LCU | +26.3% |
| 2013 | -65.99 billion constant LCU | -6.9% |
| 2014 | -71.25 billion constant LCU | +8.0% |
| 2015 | -81.33 billion constant LCU | +14.1% |
| 2016 | -94.89 billion constant LCU | +16.7% |
| 2017 | -92.38 billion constant LCU | -2.7% |
| 2018 | -96.89 billion constant LCU | +4.9% |
| 2019 | -110.20 billion constant LCU | +13.7% |
| 2020 | -98.46 billion constant LCU | -10.7% |
| 2021 | -114.51 billion constant LCU | +16.3% |
| 2022 | -139.87 billion constant LCU | +22.1% |
| 2023 | -99.62 billion constant LCU | -28.8% |
| 2024 | -107.37 billion constant LCU | +7.8% |
| 2025 | -116.39 billion constant LCU | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -62.13 billion constant LCU | -77.56 billion constant LCU | -50.05 billion constant LCU | 5 |
| 2010s | -80.25 billion constant LCU | -110.20 billion constant LCU | -56.14 billion constant LCU | 10 |
| 2020s | -112.70 billion constant LCU | -139.87 billion constant LCU | -98.46 billion constant LCU | 6 |
Countries ranked near North Macedonia
- 110 Moldova -73.73 billion constant LCU compare
- 111 Nicaragua -82.82 billion constant LCU compare
- 112 Canada -87.04 billion constant LCU compare
- 114 Central African Republic -121.10 billion constant LCU compare
- 115 Comoros -128.55 billion constant LCU compare
- 116 Guinea-Bissau -138.28 billion constant LCU compare
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)
- GDP (current US$), annual growth rate 12.68 % change on previous year (2025)
- GDP (current US$), per capita 10,490 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.28 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 54.65 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 573,274 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.49 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6552 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,873 constant 2015 US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in North Macedonia?
- External balance on goods and services in North Macedonia was -116.39 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in North Macedonia?
- The highest recorded value was -50.05 billion constant LCU in 2005.
- What is the lowest external balance on goods and services recorded in North Macedonia?
- The lowest recorded value was -139.87 billion constant LCU in 2022.
- How does North Macedonia rank for external balance on goods and services?
- North Macedonia ranks 113th out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in North Macedonia?
- Over the last ten years it is down 43.1%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.