Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: February 5, 2016

           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 Q3/15 146,963 139,205  
     Agriculture, forestry and fishing (A) MKD  million Q3/15 14,884 13,321
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q3/15 25,546 21,278  
     Construction (F) MKD  million Q3/15 10,094 8,232
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q3/15 26,868 27,512  
     Information and communication (J) MKD  million Q3/15 4,775 4,680
     Financial and insurance activities (K) MKD  million Q3/15 4,520 4,456  
     Real estate activities (L)                                             MKD  million Q3/15 17,113 17,330
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q3/15 4,776 4,816  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q3/15 16,113 16,522
     Other services (R+S+T) MKD  million Q3/15 3,334 3,419  
GDP at constant prices, by production approach1)                        MKD  million     Q3/15   109,467  104,599
     Agriculture, forestry and fishing (A) MKD  million Q3/15 8,709 7,371
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q3/15 16,656 14,099  
     Construction (F) MKD  million Q3/15 12,254 10,019
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q3/15 18,864 19,323  
     Information and communication (J) MKD  million Q3/15 6,436 6,398
     Financial and insurance activities (K) MKD  million Q3/15 4,504 4,410  
     Real estate activities (L)                                           MKD  million Q3/15 11,788 11,987
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q3/15 4,346 4,334  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q3/15 11,294 11,509
     Other services (R+S+T) MKD  million Q3/15 2,559 2,791  
GDP at current prices, by expenditure approach1) MKD  million Q3/15 146,963 139,205  
     Final Consumption MKD  million Q3/15 117,850 124,466
     Household  final consumption including NPISHs MKD  million Q3/15 94,658 101,084  
     General   government final  consumption MKD  million Q3/15 23,192 23,383
      Gross capital formation2) MKD  million Q3/15 47,208 37,936  
     Exports of goods and services MKD  million Q3/15 70,466 68,512
     Imports of goods and services MKD  million Q3/15 88,561 91,709  
GDP at constant prices, by expenditure approach                MKD  million                                  Q3/15 109,467          104,599
     Final Consumption                 MKD  million                           Q3/15 90,3997           95,037  
     Household  final expenditure including NPISHs                MKD  million                          Q3/15 74,451           79,116
     General   government final  consumption                MKD  million                           Q3/15 15,813            15,886  
     Gross  capital formation               MKD  million                          Q3/15 32,369            27,727
     Exports of goods and services               MKD  million                          Q3/15 56,7326           54,711  
     Imports of goods and services               MKD  million                          Q3/15 69,289            72,708
Production index3) Index 2010=100 Dec/15 128.9 137.3 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Nov/15 21,976 22,213 Long time series
Employment persons thousand Q3/15 711 700 Long time series  
Unemployment persons thousand Q3/15 243 257 Long time series
Consumer price index Index 2005 = 100 Dec/15 126.2 126.3 Long time series  
Producer price index 4) Index 2010 = 100, original index Dec/15 111.9 112.2 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    2014              156,693               150,869  
Expenditure MKD million    2014              178,925               170,905
Balance, Deficit/Surplus 5) MKD million    2014              -22,232                -20,036  
    Financing MKD million    2014               22,232                20,036
    Domestic MKD million     2014               -5,990                13,671  
    Bank MKD million    2014                -7,531                   8,031
    Non-bank MKD million    2014                1,541                  5,640  
    Foreign MKD million    2014                28,222               6,365
Central Government Operations  p)                                                                             
    Revenue MKD million Dec/15 15,827 13,889
    Expenditure MKD million Dec/15 19,099 15,303  
Balance, Deficit/Surplus MKD million Dec/15 -3,272 -1,414
    Financing MKD million Dec/15 3,272 1,414  
    Domestic MKD million Dec/15 -3,905 1,562
    Bank MKD million Dec/15 -4,584 958  
    Non-bank MKD million Dec/15 679 604
    Foreign MKD million Dec/15 7,177 -148  
Central Government Debt
Central Government Debt EUR million Q3/15 3,216.47 3,221.17  
Domestic debt (by maturity and instrument) EUR million Q3/15 1,250.97 1,268.77
    Long-term EUR million Q3/15 743.74 764.86  
    Loans EUR million Q3/15 0.00 0.00
   Bonds o/w EUR million Q3/15 743.74 764.86  
Structural bonds EUR million Q3/15 72.20 72.30
T-Bonds EUR million Q3/15 671.54 692.56  
     Short-term EUR million Q3/15 507.23 503.91
   Loans EUR million Q3/15 0.00 0.00  
   T-Bills EUR million Q3/15 507.23 503.91
External debt (by maturity and instrument) EUR million Q3/15 1,965.50 1,952.40  
     Long-term EUR million Q3/15 1,965.50 1,952.40
  Loans EUR million Q3/15 1,315.50 1,302.40  
  Bonds EUR million Q3/15 650.00 650.00
     Short-term EUR million Q3/15 0.00 0.00  
Debt guaranteed by the central government EUR million Q3/15 708.04 685.35
             Domestic EUR million Q3/15 23.90 24.55  
             Foreign EUR million Q3/15 684.14 660.80    
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 Dec/15 331,006.74 320,982.40 Long time series 
Monetary Aggregate M1 MKD million Dec/15 101,281.89 92,692.28  
Monetary Aggregate M2 MKD million Dec/15 251,349.92 241,582.44  
Domestic claims of witch:
   Net claims on Central Government MKD million Dec/15 16,814.92 19,705.85  
   Claims on Nonfinancial public sector MKD million Dec/15 903.70 738.23
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Dec/15 1,389.22 1,561.29
                  Claims on State & Local Government MKD million Dec/15 793.60 742.48  
                  Claims on Private Sector MKD million Dec/15 279,827.40 271,272.84
   Net Foreign Assets MKD million Dec/15 137,436.29 134,768.14  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Dec/15 73,364.42 70,365.66 Long time series
revised data
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Dec/15 -20,216.61 -16,396.86 revised data
Claims on Central Government MKD million Dec/15 6,038.77 6,153.02 revised data
                      Liabilities on Central Government MKD million Dec/15 26,255.38 22,549.88 revised data
          Claims on Nonfinancial public sector MKD million Dec/15 0.00 0.00 revised data
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Dec/15 0.00 0.00 revised data
Claims on State & Local Government MKD million Dec/15 0.00 0.00 revised data
Claims on Private Sector MKD million Dec/15 137.52 142.33 revised data
Net Foreign Assets MKD million Dec/15 134,218.25 130,550.29 revised data
Interest rate on Bank's granted Loans and received Deposits Long time series
Outstanding amounts                                             Long time series                                        
Interest rates on Denar loans Monthly weighted average, in %, on annual level Dec/15 6.78 6.89 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Dec/15 5.73 5.76 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Dec/15 2.56 2.62 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Dec/15 1.12 1.12 Latest data based on new Methodology for compiling Interest Rate Statistics 
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Dec/15 6.02 6.17 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Dec/15 5.31 5.53 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Dec/15 1.81 2.04 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Dec/15 1.35 1.36 Latest data based on new Methodology for compiling Interest Rate Statistics
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://mse.com.mk  
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 Nov/15 -25.24 -34.56
                  Goods: credit In EUR Million Nov/15 270.17 288.26
   Goods: debit In EUR Million Nov/15 438.60 455.45  
                  Services: credit In EUR Million Nov/15 114.01 116.98
                   Services: debit In EUR Million Nov/15 84.64 97.78  
                  Primary income: credit In EUR Million Nov/15 9.16 9.98
                  Primary income: debit In EUR Million Nov/15 27.02 28.07  
                  Secondary income: credit In EUR Million Nov/15 138.47 138.68
                   Secondary income: debit In EUR Million Nov/15 6.79 7.17  
Capital account In EUR Million Nov/15 0.00 0.00
                  Capital account: credit In EUR Million Nov/15 0.00 0.00  
                   Capital account: debit In EUR Million Nov/15 0.00 0.00
Financial account In EUR Million Nov/15 -28.41 -33.69
                     Direct investment: net acquisition of financial assets In EUR Million Nov/15 58.55 -12.98
                     Direct investment: net incurrence of liabilities In EUR Million Nov/15 34.87 42.93  
                     Portfolio investment: net acquisition of financial assets In EUR Million Nov/15 1.15 3.96
                    Portfolio investment: net incurrence of liabilities In EUR Million Nov/15 1.88 1.48  
                     Other investment: net acquisition of financial assets In EUR Million Nov/15 -36.47 119.08
                     Other investment: net incurrence of liabilities In EUR Million Nov/15 8.07 76.42  
                     Reserve assets In EUR Million Nov/15 -6.81 -22.92
Net errors and omissions In EUR Million Nov/15 -3.17 0.87
Official Reserves  Assets  1) EUR Million Jan/16 2,239.53 2,261.75 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Jan/16 2,011.71 2,044.19  
IMF reserve position EUR Million Jan/16 0.00 0.00
SDRs EUR Million Jan/16 4.77 4.79
Gold EUR Million Jan/16 223.05 212.77
Other reserve assets EUR Million Jan/16 0.00 0.00  
Reserves template  1) EUR Million Dec/15 2,261.75 2,203.41 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Dec/15 355.1 385.3
Total import ( CIF) USD Million Dec/15 583.7 560.3  
International investment position  1)  7)                      EUR million                        Q3/15 -4,768.14        -4,790.73 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q3/15 4,738.90 4,786.30  
                      Direct investment EUR million Q3/15 491.28 480.95
                     Portfolio investment EUR million Q3/15 171.08 169.98  
                                                            Equity and investment fund shares EUR million Q3/15 171.08            169.98
                                                              Debt securities EUR million Q3/15 0.00                 0.00  
                     Other investment EUR million Q3/15 1,889.19 1,880.53
                  Reserve assets EUR million Q3/15 2,187.36 2,254.84  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q3/15 9,507.04 9,577.03
                  Direct investment EUR million Q3/15 4,515.44 4,498.07  
 Portfolio investment EUR million Q3/15 751.24 760.39
                                                            Equity and investment fund shares EUR million Q3/15 97.97 99.56  
                                                            Debt securities EUR million Q3/15 653.27 660.84
                Other investment EUR million Q3/15 4,240.36 4,318.57  
External debt   1)  8)  Long time series
Gross External Debt, disaggregated EUR million Q3/15 6,231.51 6,345.57
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                         30.06.2014    2,069.00       2,064.00                  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 2015 in the following categories:
 - for 2012, 2013, 2014: 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 2014 - as a result of improved coverage of data;
 - for 2013: 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 2015, revision of data has been done for 2014, 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 2015, revision of data has been done for 2014, due to improved coverage of credit indebtedness data.