Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: February 22, 2018

           The data shown in this page correspond to the data described on the International Monetary Fund's Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Macedonia has committed, please click on DSBB Home Page.

Point (.) represents decimal point delimiter, comma (,) represents a thousand group delimiter.

                                                     
Real Sector Fiscal Sector Financial Sector External Sector Socio-demographic data
SDDS Data Category and Component Unit Description Observations More Information
Date of Latest Data Latest Data Data of Previous Period Additional Data Metadata
REAL SECTOR         www.stat.gov.mk  
National Accounts   7) Long time series
GDP at current prices, by production approach 1) MKD  million Q3/17 159,746 151,224  
     Agriculture, forestry and fishing (A) MKD  million Q3/17 15,899 13,288
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q3/17 26,159 25,082  
     Construction (F) MKD  million Q3/17 9,458 8,650
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q3/17 34,470 31,375  
     Information and communication (J) MKD  million Q3/17 5,027 4,908
     Financial and insurance activities (K) MKD  million Q3/17 4,442 4,517  
     Real estate activities (L)                                             MKD  million Q3/17 15,719 15,071
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q3/17 5,030 4,992  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q3/17 18,390 18,420
     Other services (R+S+T) MKD  million Q3/17 3,635 3,579  
GDP at constant prices, by production approach1)                        MKD  million     Q3/17   111,109   106,213
     Agriculture, forestry and fishing (A) MKD  million Q3/17 9,578 8,373
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q3/17 13,906 13,409  
     Construction (F) MKD  million Q3/17 10,669 9,805
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q3/17 21,063 19,884  
     Information and communication (J) MKD  million Q3/17 6,780 6,743
     Financial and insurance activities (K) MKD  million Q3/17 4,286 4,369  
     Real estate activities (L)                                           MKD  million Q3/17 11,537 11,116
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q3/17 4,052 4,046  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q3/17 12,341 12,349
     Other services (R+S+T) MKD  million Q3/17 2,800 2,772  
GDP at current prices, by expenditure approach1) MKD  million Q3/17 159,746 151,224  
     Final Consumption MKD  million Q3/17 127,564 131,529
     Household  final consumption including NPISHs MKD  million Q3/17 104,577 107,673  
     General   government final  consumption MKD  million Q3/17 22,987 23,856
      Gross capital formation2) MKD  million Q3/17 46,167 41,577  
     Exports of goods and services MKD  million Q3/17 89,706 84,748
     Imports of goods and services MKD  million Q3/17 103,692 106,629  
GDP at constant prices, by expenditure approach                MKD  million                          Q3/17    111,109           106,213
     Final Consumption                 MKD  million                            Q3/17 96,743           99,271  
     Household  final expenditure including NPISHs                MKD  million                           Q3/17 81,393           83,363
     General   government final  consumption                MKD  million                           Q3/17 15,444            15,983  
     Gross  capital formation               MKD  million                          Q3/17 32,906            31,680
     Exports of goods and services               MKD  million                          Q3/17 69,215           63,695  
     Imports of goods and services               MKD  million                          Q3/17 87,655            89,030
Production index3) Index 2010=100 Dec/17 130.0 136.0 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Dec/17 23,850 23,196 Long time series
Employment persons thousand Q3/17 743 740 Long time series  
Unemployment persons thousand Q3/17 211 216 Long time series
Consumer price index Index 2005 = 100 Jan/18 128.4 128.9 Long time series  
Producer price index 4) Index 2010 = 100, original index Dec/17 112.8 113.1 Long time series  
SDDS Data Category and Component Unit Description Observations More Information
Date of Latest Data Latest Data Data of Previous Period Additional Data Metadata
FISCAL SECTOR       www.finance.gov.mk  
General Government Operations                                                                                                                                                                 
Revenue MKD million    2016              181,721                  173,037  
Expenditure MKD million    2016              197,657                  192,250
Balance, Deficit/Surplus 5) MKD million    2016              -15,935                   -19,213  
    Financing MKD million    2016               15,935                    19,213
    Domestic MKD million     2016               -3,812                    21,300  
    Bank MKD million    2016                -9,015                    14,448
    Non-bank MKD million    2016                5,203                       6,852  
    Foreign MKD million    2016               19,747                     -2,087
Central Government Operations  p)                                                                             
    Revenue MKD million Dec/17 18,975 14,352
    Expenditure MKD million Dec/17 22,688 16,214  
Balance, Deficit/Surplus MKD million Dec/17 -3,713 -1,862
    Financing MKD million Dec/17 3,713 1,862  
    Domestic MKD million Dec/17 3,918 1,814
    Bank MKD million Dec/17 3,364 283  
    Non-bank MKD million Dec/17 554 1,531
    Foreign MKD million Dec/17 -205 48  
Central Government Debt
Central Government Debt EUR million Q3/17 3,860.66 3,870.75  
Domestic debt (by maturity and instrument) EUR million Q3/17 1,488.06 1,424.04
    Long-term EUR million Q3/17 864.52 848.25  
    Loans EUR million Q3/17 0.00 0.00
   Bonds o/w EUR million Q3/17 864.52 848.25  
Structural bonds EUR million Q3/17 58.90 58.80
T-Bonds EUR million Q3/17 805.62 789.45  
     Short-term EUR million Q3/17 623.54 575.79
   Loans EUR million Q3/17 0.00 0.00  
   T-Bills EUR million Q3/17 623.54 575.79
External debt (by maturity and instrument) EUR million Q3/17 2,372.60 2,446.71  
     Long-term EUR million Q3/17 2,372.60 2,446.71
  Loans EUR million Q3/17 1,152.60 1,226.71  
  Bonds EUR million Q3/17 1,220.00 1,220.00
     Short-term EUR million Q3/17 0.00 0.00  
Debt guaranteed by the central government EUR million Q3/17 815.70 822.89
             Domestic EUR million Q3/17 18.40 19.09  
             Foreign EUR million Q3/17 797.30 803.80    
SDDS Data Category and Component Unit Description Observations More Information
Date of Latest Data Latest Data Data of Previous Period Additional Data Metadata
FINANCIAL SECTOR   www.nbrm.mk  
Depository corporations survey       Data for previous period
(December 2011) are revised in
accrodance with the final
balance sheets submission
Long time series 
Broad Money MKD million Jan/18 365,437.74 369,882.36
Monetary Aggregate M1 MKD million Jan/18 117,530.70 123,208.16
Monetary Aggregate M2 MKD million Jan/18 271,879.06 277,606.94
Domestic claims of witch:
   Net claims on Central Government MKD million Jan/18 70.22 17,820.75
   Claims on Nonfinancial public sector MKD million Jan/18 1,563.10 1,560.70
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Jan/18 1,759.24 1,442.56
         Claims on State & Local Government MKD million Jan/18 699.05 673.54
          Claims on Private Sector MKD million Jan/18 293,943.65 298,592.63
   Net Foreign Assets MKD million Jan/18 159,433.97 144,043.23  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Jan/18 84,831.83 84,306.02
Data of Previous Period in
accordance with final data
submission

 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Jan/18 -33,514.01 -16,139.06 Data of Previous Period in
accordance with final data
submission
Claims on Central Government MKD million Jan/18 5,715.18 5,780.44 Data of Previous Period in n
accordance with final data
submission
 Liabilities on Central Government MKD million Jan/18 39,229.19 21,919.50 Data of Previous Period in
accordance with final data
submission
Claims on Nonfinancial public sector MKD million Jan/18 0.00 0.00 Data of Previous Period in
accordance with final data
submission
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Jan/18 0.00 0.00 Data of Previous Period in
accordance with final data
submission
Claims on State & Local Government MKD million Jan/18 0.00 0.00 Data of Previous Period in
accordance with final data
submission
Claims on Private Sector MKD million Jan/18 266.58 274.51 Data of Previous Period in
accordance with final data
submission
Net Foreign Assets MKD million Jan/18 154,284.67 138,937.77 Data of Previous Period in
accordance with final data
submission
Interest rate on Bank's granted Loans and received Deposits Long time series
Outstanding amounts      
Interest rates on Denar loans Monthly weighted average, in %, on annual level Dec/17 5.95 6.04  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Dec/17 4.67 4.76  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Dec/17 2.13 2.16  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Dec/17 0.79 0.80  
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Dec/17 4.98 5.22  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Dec/17 4.20 4.15  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Dec/17 1.69 1.48  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Dec/17 0.77 0.77  
Interest rate      
Short-term and long-term government securities rates  
Policy oriented rate      
             Central Bank Bills rate (28 days maturity) % per annum (daily data) Long time series
             Overnight credit rate % per annum (daily data)     Long time series  
Interbank money market interest rates
            Interbank interest rate (weighted average for
             all maturities)
     
             MKDONIA % per annum (daily data) Long time series
            SKIBOR O/N % per annum (daily data)     Long time series  
Financial soundness indicators Long time series
Stock market  
   Share price index, as relevant (MBI10) Index (daily data)       http://www.mse.mk/en/  
SDDS Data Category and Component Unit Description Observations More Information
Date of Latest Data Latest Data Data of Previous Period Additional Data Metadata
EXTERNAL SECTOR     www.nbrm.mk  
Balance of payment   1)  6)                                                                                                                   Long time series                                                                    
Current account In EUR Million Q3/17 174.94 -95.50
         Goods: credit In EUR Million Q3/17 1,018.05 1,034.69
   Goods: debit In EUR Million Q3/17 1,430.08 1,453.10  
         Services: credit In EUR Million Q3/17 437.41 320.78
         Services: debit In EUR Million Q3/17 254.54 274.80  
         Primary income: credit In EUR Million Q3/17 32.90 35.77
         Primary income: debit In EUR Million Q3/17 137.99 141.63  
         Secondary income: credit In EUR Million Q3/17 537.60 420.05
         Secondary income: debit In EUR Million Q3/17 28.41 37.26  
Capital account In EUR Million Q3/17 0.04 2.29
          Capital account: credit In EUR Million Q3/17 0.06 2.34  
         Capital account: debit In EUR Million Q3/17 0.02 0.05
Financial account In EUR Million Q3/17 169.19 -108.72
         Direct investment: net acquisition of financial assets In EUR Million Q3/17 48.49 64.91
         Direct investment: net incurrence of liabilities In EUR Million Q3/17 -1.70 54.07  
         Portfolio investment: net acquisition of financial assets In EUR Million Q3/17 16.30 18.47
         Portfolio investment: net incurrence of liabilities In EUR Million Q3/17 -23.27 12.54  
         Other investment: net acquisition of financial assets In EUR Million Q3/17 136.08 -27.97
         Other investment: net incurrence of liabilities In EUR Million Q3/17 -43.93 36.21  
         Reserve assets In EUR Million Q3/17 -100.57 -61.31
Net errors and omissions In EUR Million Q3/17 -5.78 -15.51
Official Reserves  Assets  1) * EUR Million Jan/17 2,577.40 2,336.25 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Jan/17 2,333.93 2,092.72  
IMF reserve position EUR Million Jan/17 0.00 0.00
SDRs EUR Million Jan/17 4.06 4.12
Gold EUR Million Jan/17 239.57 239.41
Other reserve assets EUR Million Jan/17 -0.16 0.00  
Reserves template  1) EUR Million Dec/17 2,336.25 2,273.65 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Dec/17 478.3 529.6
Total import ( CIF) USD Million Dec/17 736.1 734.4  
International investment position  1)  7)                      EUR million                        Q3/17 -5,971.04        -6,047.28 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q3/17 5,390.65 5,384.37  
      Direct investment EUR million Q3/17 1,032.56 991.38
      Portfolio investment EUR million Q3/17 291.38 270.90  
            Equity and investment fund shares EUR million Q3/17 267.06            247.57
            Debt securities EUR million Q3/17 24.32               23.33  
      Other investment EUR million Q3/17 1,795.33 1,722.14
      Reserve assets EUR million Q3/17 2,271.38 2,399.95  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q3/17 11,361.69 11,431.65
      Direct investment EUR million Q3/17 5,690.24 5,704.26  
 Portfolio investment EUR million Q3/17 1,442.45 1,440.16
           Equity and investment fund shares EUR million Q3/17 82.81 85.40  
           Debt securities EUR million Q3/17 1,359.63 1,354.76
    Other investment EUR million Q3/17 4,229.00 4,287.24  
External debt   1)  8)    Long time series
Gross External Debt, disaggregated EUR million Q3/17 7,710.22 7,786.78
Exchange rate                                                                
  EURO (Spot Exchange Rates) MKD per 1 EUR, daily data     NBRM  
  USD (Spot Exchange Rates) MKD per 1 USD, daily data       NBRM  
SDDS Data Category and Component Unit Description Observations More Information
Date of Latest Data Latest Data Data of Previous Period Additional Data Metadata
SOCIAL - DEMOGRRAPHIC   www.stat.gov.mk  
Population              in 1000 persons
   Estimate mid-period                         30.06.2016    2,072.00       2,070.00                  Long time series                                                                                  
Footnotes:
* Latest Data (corrected)  
p) Preliminary data for latest data.
1) Latest and previous data are preliminary.
2) Includes discrepancies in changes in inventories due to the balancing
3) At the beginning of this year, the State Statistical Office, for the purpose of collecting and processing data on Industrial production indices used the new National Nomenclature of Industrial Products 2008, while for calculation and publication of industrial production indices the new National Classification of Activities Rev.2 was used. To ensure time series of comparable data, the monthly industrial production indices from 2005 to 2010 were recalculated according to the new National Classification of Activities Rev.2.
4) Industrial producer price indices on the domestic market recalculated according to NACE Rev.2 2005 = 100, original index.
5) The deficit/surplus is compiled according to GFSM'1986 methodology.
6) Revision of data has been done in September 2017 in the following categories:
- for 2016: Direct Investment, Primary Income, Secondary Income, Capital Account, due to inclusion of data from the annual FDI Survey VS 11 and VS 22;
- all components for 2016 - as a result of improved coverage of data;
- for 2015: Goods, Services, Secondary Income and Trade credits data due to the final data on foreign trade.
7) Data on Gross Domestic Product have been prepared in accordance with the European System of Accounts (ESA 2010), as a result of the revision of annual data according to this methodology. Data by sectors of activities and aggregation are presented by NACE Rev. 2 classification.
7) In September 2017, revision of data has been done for 2015, due to inclusion of data from the annual FDI Surveys VS 11 and VS 22, and improved coverage of credit indebtedness data.
8) In September 2017, revision of data has been done for 2016, due to improved coverage of credit indebtedness data.