External balance on goods and services (current LCU) in North Macedonia
North Macedonia: External balance on goods and services (current LCU) 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 138th of 193 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 (current LCU) 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% |
North Macedonia compared with similar countries
- North Macedonia's -143.47 billion current LCU is below the median for upper middle income countries, which is -2.10 billion current LCU, 68.5× the median. (53 countries reporting)
- North Macedonia's -143.47 billion current LCU is below the median for Europe & Central Asia, which is 96.00 million current LCU. (52 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) 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 |
|---|---|---|---|
| 1993 | -4114.1% | 117.09 million current LCU | -4.70 billion current LCU |
| 1992 | +528.2% | -27.34 million current LCU | 117.09 million current LCU |
| 1994 | -218.2% | -4.70 billion current LCU | -14.96 billion current LCU |
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
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0246 units 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 138th out of 193 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.