Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: October 20, 2017

           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 Q2/17 153,506 145,877  
     Agriculture, forestry and fishing (A) MKD  million Q2/17 11,822 9,167
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q2/17 26,838 23,898  
     Construction (F) MKD  million Q2/17 9,114 10,047
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q2/17 29,248 25,127  
     Information and communication (J) MKD  million Q2/17 5,037 5,145
     Financial and insurance activities (K) MKD  million Q2/17 4,471 4,223  
     Real estate activities (L)                                             MKD  million Q2/17 15,804 16,238
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q2/17 4,844 4,853  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q2/17 17,330 17,462
     Other services (R+S+T) MKD  million Q2/17 3,704 3,729  
GDP at constant prices, by production approach1)                        MKD  million     Q2/17   106,188   103,134
     Agriculture, forestry and fishing (A) MKD  million Q2/17 8,264 6,408
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q2/17 13,937 12,671  
     Construction (F) MKD  million Q2/17 10,757 13,196
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q2/17 19,595 17,187  
     Information and communication (J) MKD  million Q2/17 6,847 6,861
     Financial and insurance activities (K) MKD  million Q2/17 4,643 4,371  
     Real estate activities (L)                                           MKD  million Q2/17 10,960 11,369
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q2/17 4,067 4,142  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q2/17 11,854 12,045
     Other services (R+S+T) MKD  million Q2/17 2,799 2,867  
GDP at current prices, by expenditure approach1) MKD  million Q2/17 153,506 145,877  
     Final Consumption MKD  million Q2/17 132,424 117,940
     Household  final consumption including NPISHs MKD  million Q2/17 108,568 93,784  
     General   government final  consumption MKD  million Q2/17 23,856 24,156
      Gross capital formation2) MKD  million Q2/17 43,057 49,173  
     Exports of goods and services MKD  million Q2/17 82,603 76,552
     Imports of goods and services MKD  million Q2/17 104,577 97,789  
GDP at constant prices, by expenditure approach                MKD  million                          Q2/17    106,188           103,134
     Final Consumption                 MKD  million                            Q2/17 99,805           90,375  
     Household  final expenditure including NPISHs                MKD  million                           Q2/17 84,014           73,949
     General   government final  consumption                MKD  million                           Q2/17 15,896            16,216  
     Gross  capital formation               MKD  million                          Q2/17 25,755            30,992
     Exports of goods and services               MKD  million                          Q2/17 63,041           57,667  
     Imports of goods and services               MKD  million                          Q2/17 80,647            75,620
Production index3) Index 2010=100 Aug/17 115.9 123.3 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Aug/17 22,912 22,671 Long time series
Employment persons thousand Q2/17 740 734 Long time series  
Unemployment persons thousand Q2/17 216 219 Long time series
Consumer price index Index 2005 = 100 Sep/17 128.2 128.3 Long time series  
Producer price index 4) Index 2010 = 100, original index Aug/17 112.7 112.4 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 Aug/17 14,482 15,174
    Expenditure MKD million Aug/17 14,564 17,569  
Balance, Deficit/Surplus MKD million Aug/17 -82 -2,395
    Financing MKD million Aug/17 82 2,395  
    Domestic MKD million Aug/17 -470 7,035
    Bank MKD million Aug/17 -2,777 6,083  
    Non-bank MKD million Aug/17 2,307 952
    Foreign MKD million Aug/17 552 -4,640  
Central Government Debt
Central Government Debt EUR million Q2/17 3,870.75 3,873.42  
Domestic debt (by maturity and instrument) EUR million Q2/17 1,424.04 1,431.02
    Long-term EUR million Q2/17 848.25 841.25  
    Loans EUR million Q2/17 0.00 0.00
   Bonds o/w EUR million Q2/17 848.25 841.25  
Structural bonds EUR million Q2/17 58.80 70.10
T-Bonds EUR million Q2/17 789.45 771.15  
     Short-term EUR million Q2/17 575.79 589.76
   Loans EUR million Q2/17 0.00 0.00  
   T-Bills EUR million Q2/17 575.79 589.76
External debt (by maturity and instrument) EUR million Q2/17 2,446.71 2,442.40  
     Long-term EUR million Q2/17 2,446.71 2,442.40
  Loans EUR million Q2/17 1,226.71 1,222.40  
  Bonds EUR million Q2/17 1,220.00 1,220.00
     Short-term EUR million Q2/17 0.00 0.00  
Debt guaranteed by the central government EUR million Q2/17 822.89 851.00
             Domestic EUR million Q2/17 19.09 19.80  
             Foreign EUR million Q2/17 803.80 831.20    
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 Sep/17 350,513.32 352,016.33
Monetary Aggregate M1 MKD million Sep/17 112,682.36 112,232.99
Monetary Aggregate M2 MKD million Sep/17 262,821.69 265,097.34
Domestic claims of witch:
   Net claims on Central Government MKD million Sep/17 16,676.16 15,733.97
   Claims on Nonfinancial public sector MKD million Sep/17 816.35 1,091.57
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Sep/17 1,505.23 1,779.66
         Claims on State & Local Government MKD million Sep/17 687.99 650.63
          Claims on Private Sector MKD million Sep/17 287,165.81 287,791.83
   Net Foreign Assets MKD million Sep/17 138,021.53 139,356.15  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Sep/17 80,349.58 80,630.08
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Sep/17 -17,627.76 -17,660.98  
Claims on Central Government MKD million Sep/17 5,777.46 5,762.34  
 Liabilities on Central Government MKD million Sep/17 23,405.22 23,423.32  
Claims on Nonfinancial public sector MKD million Sep/17 0.00 0.00  
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Sep/17 0.00 0.00  
Claims on State & Local Government MKD million Sep/17 0.00 0.00  
Claims on Private Sector MKD million Sep/17 308.07 292.84  
Net Foreign Assets MKD million Sep/17 134,721.91 135,410.25  
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 Aug/17 6.16 6.19  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Aug/17 4.89 4.91  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Aug/17 2.13 2.14  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Aug/17 0.81 0.82  
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Aug/17 5.31 5.51  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Aug/17 4.41 4.05  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Aug/17 1.49 1.37  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Aug/17 0.91 0.80  
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 Jun/17 -14.01 -48.27
         Goods: credit In EUR Million Jun/17 333.50 345.79
   Goods: debit In EUR Million Jun/17 446.87 507.15  
         Services: credit In EUR Million Jun/17 108.03 113.03
         Services: debit In EUR Million Jun/17 105.36 95.05  
         Primary income: credit In EUR Million Jun/17 13.38 11.38
         Primary income: debit In EUR Million Jun/17 49.03 46.89  
         Secondary income: credit In EUR Million Jun/17 144.44 142.22
         Secondary income: debit In EUR Million Jun/17 12.09 11.60  
Capital account In EUR Million Jun/17 0.00 0.21
          Capital account: credit In EUR Million Jun/17 0.00 0.23  
         Capital account: debit In EUR Million Jun/17 0.00 0.02
Financial account In EUR Million Jun/17 -20.39 -54.81
         Direct investment: net acquisition of financial assets In EUR Million Jun/17 6.70 32.98
         Direct investment: net incurrence of liabilities In EUR Million Jun/17 -55.81 49.08  
         Portfolio investment: net acquisition of financial assets In EUR Million Jun/17 8.69 8.97
         Portfolio investment: net incurrence of liabilities In EUR Million Jun/17 4.82 3.38  
         Other investment: net acquisition of financial assets In EUR Million Jun/17 35.27 -47.16
         Other investment: net incurrence of liabilities In EUR Million Jun/17 104.56 -24.50  
         Reserve assets In EUR Million Jun/17 -17.47 -21.64
Net errors and omissions In EUR Million Jun/17 -6.39 -6.75
Official Reserves  Assets  1) EUR Million Sep/17 2,271.38 2,275.42 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Sep/17 2,025.88 2,028.68  
IMF reserve position EUR Million Sep/17 0.00 0.00
SDRs EUR Million Sep/17 4.24 4.21
Gold EUR Million Sep/17 241.26 242.53
Other reserve assets EUR Million Sep/17 0.00 0.00  
Reserves template  1) EUR Million Aug/17 2,275.42 2,273.30 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Aug/17 448.0 476.9
Total import ( CIF) USD Million Aug/17 623.3 629.0  
International investment position  1)  7)                      EUR million                        Q2/17 -5,989.52        -5,806.13 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q2/17 5,436.67 5,622.77  
      Direct investment EUR million Q2/17 992.84 938.64
      Portfolio investment EUR million Q2/17 270.90 259.04  
            Equity and investment fund shares EUR million Q2/17 247.57            233.42
            Debt securities EUR million Q2/17 23.33               25.62  
      Other investment EUR million Q2/17 1,772.98 1,890.67
      Reserve assets EUR million Q2/17 2,399.95 2,534.41  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q2/17 11,426.20 11,428.89
      Direct investment EUR million Q2/17 5,702.71 5,674.23  
 Portfolio investment EUR million Q2/17 1,440.16 1,396.01
           Equity and investment fund shares EUR million Q2/17 85.40 86.05  
           Debt securities EUR million Q2/17 1,354.76 1,309.96
    Other investment EUR million Q2/17 4,283.33 4,358.66  
External debt   1)  8)    Long time series
Gross External Debt, disaggregated EUR million Q2/17 7,781.32 7,791.43
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.