External balance on goods and services in North Macedonia
North Macedonia: External balance on goods and services was -143.47 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in North Macedonia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in North Macedonia stood at -143.47 billion current LCU.
The figure is down 14.8% on the previous year and down 58.2% over ten years.
Over the whole period, external balance on goods and services in North Macedonia peaked at 117.09 million current LCU in 1992 and was at its lowest, -167.92 billion current LCU, in 2022.
North Macedonia ranks 137th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | -50.81 million current LCU | — |
| 1991 | -27.34 million current LCU | -46.2% |
| 1992 | 117.09 million current LCU | -528.2% |
| 1993 | -4.70 billion current LCU | -4114.1% |
| 1994 | -14.96 billion current LCU | +218.2% |
| 1995 | -16.54 billion current LCU | +10.6% |
| 1996 | -28.42 billion current LCU | +71.8% |
| 1997 | -48.63 billion current LCU | +71.1% |
| 1998 | -61.64 billion current LCU | +26.8% |
| 1999 | -58.35 billion current LCU | -5.3% |
| 2000 | -35.47 billion current LCU | -39.2% |
| 2001 | -33.01 billion current LCU | -6.9% |
| 2002 | -48.95 billion current LCU | +48.3% |
| 2003 | -42.34 billion current LCU | -13.5% |
| 2004 | -54.65 billion current LCU | +29.1% |
| 2005 | -50.05 billion current LCU | -8.4% |
| 2006 | -56.82 billion current LCU | +13.5% |
| 2007 | -66.60 billion current LCU | +17.2% |
| 2008 | -104.22 billion current LCU | +56.5% |
| 2009 | -89.42 billion current LCU | -14.2% |
| 2010 | -80.03 billion current LCU | -10.5% |
| 2011 | -87.93 billion current LCU | +9.9% |
| 2012 | -100.18 billion current LCU | +13.9% |
| 2013 | -90.66 billion current LCU | -9.5% |
| 2014 | -90.82 billion current LCU | +0.2% |
| 2015 | -90.68 billion current LCU | -0.2% |
| 2016 | -88.37 billion current LCU | -2.5% |
| 2017 | -85.58 billion current LCU | -3.2% |
| 2018 | -82.38 billion current LCU | -3.7% |
| 2019 | -95.31 billion current LCU | +15.7% |
| 2020 | -84.99 billion current LCU | -10.8% |
| 2021 | -115.50 billion current LCU | +35.9% |
| 2022 | -167.92 billion current LCU | +45.4% |
| 2023 | -117.38 billion current LCU | -30.1% |
| 2024 | -125.01 billion current LCU | +6.5% |
| 2025 | -143.47 billion current LCU | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -23.32 billion current LCU | -61.64 billion current LCU | 117.09 million current LCU | 10 |
| 2000s | -58.15 billion current LCU | -104.22 billion current LCU | -33.01 billion current LCU | 10 |
| 2010s | -89.20 billion current LCU | -100.18 billion current LCU | -80.03 billion current LCU | 10 |
| 2020s | -125.71 billion current LCU | -167.92 billion current LCU | -84.99 billion current LCU | 6 |
Countries ranked near North Macedonia
- 134 Republic of Moldova -103.09 billion current LCU compare
- 135 Nicaragua -108.02 billion current LCU compare
- 136 Iceland -112.00 billion current LCU compare
- 138 Albania -145.93 billion current LCU compare
- 139 Guatemala -145.93 billion current LCU compare
- 140 Türkiye -148.18 billion current 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)
- GNI, Atlas method (current US$), annual growth rate 14.14 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9046 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 9,490 current US$ per person (2025)
- GNI (current US$), annual growth rate 13.05 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9519 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 9,986 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.63 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 52.02 current LCU per US$ of GDP (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 -143.47 billion current 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 117.09 million current LCU in 1992.
- What is the lowest external balance on goods and services recorded in North Macedonia?
- The lowest recorded value was -167.92 billion current LCU in 2022.
- How does North Macedonia rank for external balance on goods and services?
- North Macedonia ranks 137th out of 192 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 58.2%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.