Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: April 21, 2015

           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 Q4/14 138,742 133,741  
     Agriculture, forestry and fishing (A) MKD  million Q4/14 13,306 13,167
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q4/14 21,973 20,107  
     Construction (F) MKD  million Q4/14 7,943 7,553
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q4/14 24,178 25,432  
     Information and communication (J) MKD  million Q4/14 4,421 4,453
     Financial and insurance activities (K) MKD  million Q4/14 3,657 3,670  
     Real estate activities (L)                                             MKD  million Q4/14 15,393 15,663
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q4/14 4,408 4,362  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q4/14 18,110 17,566
     Other services (R+S+T) MKD  million Q4/14 3,468 3,449  
GDP at constant prices, by production approach1)                        MKD  million     Q4/14   104,315 103,430
     Agriculture, forestry and fishing (A) MKD  million Q4/14 8,868 9,206
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q4/14 13,875 12,782  
     Construction (F) MKD  million Q4/14 9,259 9,364
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q4/14 16,321 17,023  
     Information and communication (J) MKD  million Q4/14 5,805 5,851
     Financial and insurance activities (K) MKD  million Q4/14 3,868 3,884  
     Real estate activities (L)                                           MKD  million Q4/14 11,393 11,604
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q4/14 3,606 3,571  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q4/14 12,471 12,510
     Other services (R+S+T) MKD  million Q4/14 2,578 2,566  
GDP at current prices, by expenditure approach1) MKD  million Q4/14 138,742 133,741  
     Final Consumption MKD  million Q4/14 115,380 110,974
     Household  final consumption including NPISHs MKD  million Q4/14 91,249 90,577  
     General   government final  consumption MKD  million Q4/14 24,131 20,397
      Gross capital formation2) MKD  million Q4/14 47,620 40,601  
     Exports of goods and services MKD  million Q4/14 66,941 68,203
     Imports of goods and services MKD  million Q4/14 91,199 86,038  
GDP at constant prices, by expenditure approach                MKD  million                          Q4/14 104,315           103,430
     Final Consumption                 MKD  million                         Q4/14 88,797            85,781  
     Household  final expenditure including NPISHs                MKD  million                         Q4/14 72,156           71,651
     General   government final  consumption                MKD  million                          Q4/14 16,386            14,115  
     Gross  capital formation               MKD  million                          Q4/14 30,523            26,823
     Exports of goods and services               MKD  million                          Q4/14 51,657           50,701  
     Imports of goods and services               MKD  million                          Q4/14 66,986            60,436
Production index3) Index 2010=100 Feb/15 97.9 91.9 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Jan/15 21,828 22,407 Long time series
Employment persons thousand Q4/14 696 691 Long time series  
Unemployment persons thousand Q4/14 265 267 Long time series
Consumer price index Index 2005 = 100 Mar/15 126.3 125.7 Long time series  
Producer price index 4) Index 2010 = 100, original index Feb/15 112.2 112.1 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                                                                                                            Long time series
Revenue MKD million    2013              150,869                149,620  
Expenditure MKD million    2013              170,905                167,816
Balance, Deficit/Surplus 5) MKD million    2013              -20,036                  -18,196  
    Financing MKD million    2013               20,036                    18,196
    Domestic MKD million     2013               13,671                    13,523  
    Bank MKD million    2013                8,031                    6,504
    Non-bank MKD million    2013                5,640                     7,019  
    Foreign MKD million    2013                6,365                    4,673
Central Government Operations  p)                                               Long time series          
    Revenue MKD million Feb/15 12,089 10,527
    Expenditure MKD million Feb/15 14,467 12,732  
Balance, Deficit/Surplus MKD million Feb/15 -2,378 -2,205
    Financing MKD million Feb/15 2,378 2,205  
    Domestic MKD million Feb/15 12,018 2,686
    Bank MKD million Feb/15 11,545 2,145  
    Non-bank MKD million Feb/15 473 541
    Foreign MKD million Feb/15 -9,640 -481  
Central Government Debt
Central Government Debt EUR million Q4/14 3,246.33 3,338.82  
Domestic debt (by maturity and instrument) EUR million Q4/14 1,159.43 1,236.22
    Long-term EUR million Q4/14 657.81 524.38  
    Loans EUR million Q4/14 0.00 0.00
   Bonds o/w EUR million Q4/14 657.81 524.38  
Structural bonds EUR million Q4/14 83.30 86.00
T-Bonds EUR million Q4/14 574.51 438.38  
     Short-term EUR million Q4/14 501.62 711.84
   Loans EUR million Q4/14 0.00 0.00  
   T-Bills EUR million Q4/14 501.62 711.84
External debt (by maturity and instrument) EUR million Q4/14 2,086.90 2,102.60  
     Long-term EUR million Q4/14 2,086.90 2,102.60
  Loans EUR million Q4/14 1,436.90 1,952.60  
  Bonds EUR million Q4/14 650.00 150.00
     Short-term EUR million Q4/14 0.00 0.00  
Debt guaranteed by the central government EUR million Q4/14 658.90 628.20
             Domestic EUR million Q4/14 25.90 26.60  
             Foreign EUR million Q4/14 633.00 601.60    
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 Mar/15 311,381.72 312,275.10 Long time series 
Monetary Aggregate M1 MKD million Mar/15 83,711.37 82,692.06  
Monetary Aggregate M2 MKD million Mar/15 233,874.48 233,976.02  
Domestic claims of witch:
   Net claims on Central Government MKD million Mar/15 12,578.95 13,409.19  
   Claims on Nonfinancial public sector MKD million Mar/15 981.66 951.47
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Mar/15 1,650.44 1,341.87
      Claims on State & Local Government MKD million Mar/15 828.55 822.92  
      Claims on Private Sector MKD million Mar/15 257,632.35 254,634.76
   Net Foreign Assets MKD million Mar/15 140,829.82 141,101.45  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Mar/15 73,734.95 76,838.09 Long time series
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Mar/15 -21,532.53 -18,650.26
Claims on Central Government MKD million Mar/15 6,033.68 5,940.64
                               Liabilities on Central Government MKD million Mar/15 27,566.21 24,590.90
             Claims on Nonfinancial public sector MKD million Mar/15 0.00 0.00
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Mar/15 0.00 0.00
Claims on State & Local Government MKD million Mar/15 0.00 0.00  
Claims on Private Sector MKD million Mar/15 68.03 73.68
Net Foreign Assets MKD million Mar/15 139,993.94 138,443.27
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 Feb/15 7.33 7.38 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Feb/15 6.04 6.07 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Feb/15 3.25 3.29 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Feb/15 1.46 1.52 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 Feb/15 6.50 6.44 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Feb/15 5.74 4.94 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Feb/15 2.34 2.13 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Feb/15 1.46 1.55 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
   Regulatory Tier 1 capital to risk-weighted assets; Percentages Q2/11 14.00 14.10  
   Regulatory capital to risk-weighted assets (CAR); Percentages Q2/11 16.50 16.80
   Regulatory Tier 1 capital to assets; Percentages Q2/11 / /
   Nonperforming loans net of provisions to capital; Percentages Q2/11 -2.10 -1.50
   Nonperforming loans to total gross loans; Percentages Q2/11 8.90 9.10  
   Return on assets; Percentages Q2/11 0.20 -0.10
   Liquid assets to short-term liabilities; Percentages Q2/11 46.20 46.70  
   Net open position in foreign exchange to capital. Percentages Q2/11 9.97 11.90
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 Jan/15 37.83 -26.59
                  Goods: credit In EUR Million Jan/15 204.68 230.09
   Goods: debit In EUR Million Jan/15 303.88 428.00  
                  Services: credit In EUR Million Jan/15 127.96 110.78
                  Services: debit In EUR Million Jan/15 79.72 87.77  
                  Primary income: credit In EUR Million Jan/15 10.08 11.53
                  Primary income: debit In EUR Million Jan/15 33.04 26.61  
                  Secondary income: credit In EUR Million Jan/15 117.34 169.95
                  Secondary income: debit In EUR Million Jan/15 5.60 6.55  
Capital account In EUR Million Jan/15 1.55 2.39
                  Capital account: credit In EUR Million Jan/15 1.55 2.39  
                  Capital account: debit In EUR Million Jan/15 0.00 0.00
Financial account In EUR Million Jan/15 51.65 -26.86
                  Direct investment: net acquisition of financial assets In EUR Million Jan/15 -3.99 -93.58
                  Direct investment: net incurrence of liabilities In EUR Million Jan/15 31.76 -55.99  
                  Portfolio investment: net acquisition of financial assets In EUR Million Jan/15 -0.93 5.56
                  Portfolio investment: net incurrence of liabilities In EUR Million Jan/15 1.93 -3.01  
                   Other investment: net acquisition of financial assets In EUR Million Jan/15 271.63 -177.20
                  Other investment: net incurrence of liabilities In EUR Million Jan/15 159.80 -176.89  
                  Reserve assets In EUR Million Jan/15 -21.56 2.46
Net errors and omissions In EUR Million Jan/15 12.27 -2.66
Official Reserves  Assets  1) EUR Million Mar/15 2,354.84 2,330.74 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Mar/15 2,112.24 2,091.56  
IMF reserve position EUR Million Mar/15 0.00 0.00
SDRs EUR Million Mar/15 4.95 4.87
Gold EUR Million Mar/15 237.64 234.40
Other reserve assets EUR Million Mar/15 0.00 0.00  
Reserves template  1) EUR Million Feb/15 2,330.74 2,483.69 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Feb/15 338.4 336.2
Total import ( CIF) USD Million Feb/15 462.2 423.1  
International investment position  1)  6)                      EUR million                        Q4/14 -4,781.56         -4,783.95 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q4/14 4,596.84 5,007.34  
       Direct investment EUR million Q4/14 445.75 589.57
       Portfolio investment EUR million Q4/14 154.96 139.43  
                                                Equity and investment fund shares EUR million Q4/14 154.96            139.43
                                              Debt securities EUR million Q4/14 0.00                 0.00  
       Other investment EUR million Q4/14 1,559.65 1,843.35
       Reserve assets EUR million Q4/14 2,436.48 2,434.98  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q4/14 9,378.41 9,791.29
       Direct investment EUR million Q4/14 4,587.61 4,657.34  
       Portfolio investment EUR million Q4/14 772.21 778.73
                                              Equity and investment fund shares EUR million Q4/14 97.81 97.95  
                                              Debt securities EUR million Q4/14 674.40 680.78
       Other investment EUR million Q4/14 4,018.59 4,355.22  
External debt   1)  6)  Long time series
Gross External Debt, disaggregated EUR million Q4/14 5,954.40 6,338.15
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                         30.06.2013    2,064.00       2,061.00                  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) In June, 2014 revision was done in accordance with the Balance of Payments and International Investment Position Manual (BPM6), IMF, 2009.
For the period 2010-03.2014 revision was done in accordance with the recommendations set in the Manual.
For the period 2003-2009 revision was done only on items for which detailed data were available.
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.