Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: August 21, 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 Q1/17 145,877 160,309  
     Agriculture, forestry and fishing (A) MKD  million Q1/17 9,167 15,867
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q1/17 23,898 29,824  
     Construction (F) MKD  million Q1/17 10,047 13,073
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/17 25,127 26,738  
     Information and communication (J) MKD  million Q1/17 5,145 4,805
     Financial and insurance activities (K) MKD  million Q1/17 4,223 4,452  
     Real estate activities (L)                                             MKD  million Q1/17 16,238 15,717
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/17 4,853 4,921  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/17 17,462 17,535
     Other services (R+S+T) MKD  million Q1/17 3,729 3,787  
GDP at constant prices, by production approach1)                        MKD  million     Q1/17   103,133   112,032
     Agriculture, forestry and fishing (A) MKD  million Q1/17 6,408 9,983
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q1/17 12,671 15,959  
     Construction (F) MKD  million Q1/17 13,196 15,686
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/17 17,186 17,608  
     Information and communication (J) MKD  million Q1/17 6,861 6,711
     Financial and insurance activities (K) MKD  million Q1/17 4,371 4,626  
     Real estate activities (L)                                           MKD  million Q1/17 11,369 11,033
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/17 4,142 4,232  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/17 12,045 12,171
     Other services (R+S+T) MKD  million Q1/17 2,867 2,933  
GDP at current prices, by expenditure approach1) MKD  million Q1/17 145,877 160,309  
     Final Consumption MKD  million Q1/17 117,940 127,923
     Household  final consumption including NPISHs MKD  million Q1/17 93,784 102,555  
     General   government final  consumption MKD  million Q1/17 24,156 25,368
      Gross capital formation2) MKD  million Q1/17 49,173 59,726  
     Exports of goods and services MKD  million Q1/17 76,552 77,894
     Imports of goods and services MKD  million Q1/17 97,789 105,234  
GDP at constant prices, by expenditure approach                MKD  million                          Q1/17    103,133           112,032
     Final Consumption                 MKD  million                            Q1/17 90,375           97,998  
     Household  final expenditure including NPISHs                MKD  million                           Q1/17 73,949           80,775
     General   government final  consumption                MKD  million                           Q1/17 16,216            17,084  
     Gross  capital formation               MKD  million                          Q1/17 30,991            35,979
     Exports of goods and services               MKD  million                          Q1/17 57,667           64,345  
     Imports of goods and services               MKD  million                          Q1/17 75,620            85,878
Production index3) Index 2010=100 Jun/17 123.1 129.6 Long time series  
Wages/earnings Monthly average, net amount per employe, denar May/17 22,889 22,672 Long time series
Employment persons thousand Q1/17 734 731 Long time series  
Unemployment persons thousand Q1/17 219 219 Long time series
Consumer price index Index 2005 = 100 Jul/17 127.7 128.5 Long time series  
Producer price index 4) Index 2010 = 100, original index Jun/17 113.5 112.3 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 Jun/17 13,225 15,348
    Expenditure MKD million Jun/17 16,202 17,089  
Balance, Deficit/Surplus MKD million Jun/17 -2,977 -1,741
    Financing MKD million Jun/17 2,977 1,741  
    Domestic MKD million Jun/17 2,532 2,119
    Bank MKD million Jun/17 1,769 1,835  
    Non-bank MKD million Jun/17 763 284
    Foreign MKD million Jun/17 445 -378  
Central Government Debt
Central Government Debt EUR million Q1/17 3,873.42 3,835.69  
Domestic debt (by maturity and instrument) EUR million Q1/17 1,431.02 1,393.69
    Long-term EUR million Q1/17 841.25 756.52  
    Loans EUR million Q1/17 0.00 0.00
   Bonds o/w EUR million Q1/17 841.25 756.52  
Structural bonds EUR million Q1/17 70.10 70.19
T-Bonds EUR million Q1/17 771.15 686.33  
     Short-term EUR million Q1/17 589.76 637.17
   Loans EUR million Q1/17 0.00 0.00  
   T-Bills EUR million Q1/17 589.76 637.17
External debt (by maturity and instrument) EUR million Q1/17 2,442.00 2,442.00  
     Long-term EUR million Q1/17 2,442.00 2,442.00
  Loans EUR million Q1/17 1,222.00 1,222.00  
  Bonds EUR million Q1/17 1,220.00 1,220.00
     Short-term EUR million Q1/17 0.00 0.00  
Debt guaranteed by the central government EUR million Q1/17 851.00 859.93
             Domestic EUR million Q1/17 19.80 20.50  
             Foreign EUR million Q1/17 831.20 839.43    
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 Jul/17 348,072.17 347,156.82
Monetary Aggregate M1 MKD million Jul/17 110,589.01 109,750.21
Monetary Aggregate M2 MKD million Jul/17 262,241.25 261,563.80
Domestic claims of witch:
   Net claims on Central Government MKD million Jul/17 16,906.45 10,672.13
   Claims on Nonfinancial public sector MKD million Jul/17 1,128.62 1,147.17
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Jul/17 1,672.97 1,554.51
         Claims on State & Local Government MKD million Jul/17 674.05 660.69
          Claims on Private Sector MKD million Jul/17 287,212.94 286,142.84
   Net Foreign Assets MKD million Jul/17 133,898.89 140,624.78  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Jul/17 78,257.27 78,780.31
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Jul/17 -15,395.50 -20,652.93  
Claims on Central Government MKD million Jul/17 5,806.23 5,891.60  
 Liabilities on Central Government MKD million Jul/17 21,201.73 26,544.53  
Claims on Nonfinancial public sector MKD million Jul/17 0.00 0.00  
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Jul/17 0.00 0.00  
Claims on State & Local Government MKD million Jul/17 0.00 0.00  
Claims on Private Sector MKD million Jul/17 304.51 267.03  
Net Foreign Assets MKD million Jul/17 134,951.17 144,718.06  
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 Jun/17 6.22 6.26  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Jun/17 4.95 4.99  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Jun/17 2.19 2.20  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Jun/17 0.85 0.87  
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Jun/17 5.30 5.69  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Jun/17 4.58 4.30  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Jun/17 1.73 1.78  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Jun/17 0.91 0.94  
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 May/17 -40.4 -29.1
         Goods: credit In EUR Million May/17 347.9 314.9
   Goods: debit In EUR Million May/17 499.7 466.9  
         Services: credit In EUR Million May/17 112.5 111.5
         Services: debit In EUR Million May/17 96.3 73.9  
         Primary income: credit In EUR Million May/17 11.8 11.0
         Primary income: debit In EUR Million May/17 47.1 45.8  
         Secondary income: credit In EUR Million May/17 142.2 133.4
         Secondary income: debit In EUR Million May/17 11.6 13.4  
Capital account In EUR Million May/17 0.2 1.5
          Capital account: credit In EUR Million May/17 0.2 1.5  
         Capital account: debit In EUR Million May/17 0.0 0.0
Financial account In EUR Million May/17 -48.4 -31.8
         Direct investment: net acquisition of financial assets In EUR Million May/17 53.8 45.7
         Direct investment: net incurrence of liabilities In EUR Million May/17 75.9 75.3  
         Portfolio investment: net acquisition of financial assets In EUR Million May/17 9.0 0.8
         Portfolio investment: net incurrence of liabilities In EUR Million May/17 3.4 4.3  
         Other investment: net acquisition of financial assets In EUR Million May/17 -46.7 -15.9
         Other investment: net incurrence of liabilities In EUR Million May/17 -36.4 -39.5  
         Reserve assets In EUR Million May/17 -21.6 -22.2
Net errors and omissions In EUR Million May/17 -8.2 -4.1
Official Reserves  Assets  1) EUR Million Jul/17 2,273.30 2,399.95 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Jul/17 2,029.97 2,154.42  
IMF reserve position EUR Million Jul/17 0.00 0.00
SDRs EUR Million Jul/17 4.37 4.44
Gold EUR Million Jul/17 238.95 241.09
Other reserve assets EUR Million Jul/17 0.00 0.00  
Reserves template  1) EUR Million Jun/17 2,399.95 2,448.53 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Jun/17 457.7 477.8
Total import ( CIF) USD Million Jun/17 590.6 673.3  
International investment position  1)  7)                      EUR million                        Q1/17 -5,933.04        -5,731.58 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q1/17 5,633.32 5,199.43  
      Direct investment EUR million Q1/17 949.88 849.13
      Portfolio investment EUR million Q1/17 259.04 255.21  
            Equity and investment fund shares EUR million Q1/17 233.42            234.04
            Debt securities EUR million Q1/17 25.62                21.17  
      Other investment EUR million Q1/17 1,889.99 1,481.64
      Reserve assets EUR million Q1/17 2,534.41 2,613.43  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q1/17 11,566.36 10,931.00
      Direct investment EUR million Q1/17 5,761.47 5,537.63  
 Portfolio investment EUR million Q1/17 1,397.50 1,363.70
           Equity and investment fund shares EUR million Q1/17 87.55 86.15  
           Debt securities EUR million Q1/17 1,309.96 1,277.55
    Other investment EUR million Q1/17 4,407.38 4,029.67  
External debt   1)  8)  Long time series
Gross External Debt, disaggregated EUR million Q1/17 7,780.83 7,253.16
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 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 2016, revision of data has been done for 2015, due to improved coverage of credit indebtedness data.