Revenue, excluding grants in North Macedonia
North Macedonia: Revenue, excluding grants was 30.9% in 2024. ▼ Falling
Revenue, excluding grants in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
North Macedonia recorded 30.9% for revenue, excluding grants in 2024.
That represents a change of up 5.3% on the previous year and up 18.7% over ten years.
Over the whole period, revenue, excluding grants in North Macedonia peaked at 32.4% in 2005 and was at its lowest, 26.1%, in 2014.
That places North Macedonia 46th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Revenue, excluding grants in North Macedonia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 32.4% | — |
| 2006 | 31.0% | -4.4% |
| 2007 | 31.9% | +2.7% |
| 2008 | 32.2% | +1.0% |
| 2009 | 30.5% | -5.4% |
| 2010 | 28.9% | -5.0% |
| 2011 | 28.3% | -2.1% |
| 2012 | 27.9% | -1.7% |
| 2013 | 26.3% | -5.5% |
| 2014 | 26.1% | -1.0% |
| 2015 | 27.0% | +3.4% |
| 2016 | 26.4% | -2.0% |
| 2017 | 26.5% | +0.2% |
| 2018 | 26.8% | +1.3% |
| 2019 | 28.3% | +5.6% |
| 2020 | 27.7% | -2.2% |
| 2021 | 28.8% | +4.1% |
| 2022 | 29.0% | +0.5% |
| 2023 | 29.4% | +1.4% |
| 2024 | 30.9% | +5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.6% | 30.5% | 32.4% | 5 |
| 2010s | 27.3% | 26.1% | 28.9% | 10 |
| 2020s | 29.2% | 27.7% | 30.9% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 3.47 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2532 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,656 current US$ per person (2025)
- General government final consumption expenditure (current US$) 18.78 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1639 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,719 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 14.14 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 8.96 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in North Macedonia?
- Revenue, excluding grants in North Macedonia was 30.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in North Macedonia?
- The highest recorded value was 32.4% in 2005.
- What is the lowest revenue, excluding grants recorded in North Macedonia?
- The lowest recorded value was 26.1% in 2014.
- How does North Macedonia rank for revenue, excluding grants?
- North Macedonia ranks 46th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in North Macedonia?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is falling.
- 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.