Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: December 19, 2014

           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 Q3/14 133,338 133,118  
     Agriculture, forestry and fishing (A) MKD  million Q3/14 13,095 11,141
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q3/14 20,103 21,356  
     Construction (F) MKD  million Q3/14 7,404 7,048
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q3/14 25,212 25,772  
     Information and communication (J) MKD  million Q3/14 4,453 4,436
     Financial and insurance activities (K) MKD  million Q3/14 3,670 3,636  
     Real estate activities (L)                                             MKD  million Q3/14 15,663 15,831
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q3/14 4,362 4,535  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q3/14 17,566 17,660
     Other services (R+S+T) MKD  million Q3/14 3,449 3,379  
GDP at constant prices, by production approach1)                        MKD  million     Q3/14   103,184 103,571
     Agriculture, forestry and fishing (A) MKD  million Q3/14 9,157 7,759
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q3/14 12,779 13,516  
     Construction (F) MKD  million Q3/14 9,304 9,574
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q3/14 16,866 19,247  
     Information and communication (J) MKD  million Q3/14 5,851 5,742
     Financial and insurance activities (K) MKD  million Q3/14 3,884 3,841  
     Real estate activities (L)                                           MKD  million Q3/14 11,604 11,709
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q3/14 3,571 3,708  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q3/14 12,510 12,521
     Other services (R+S+T) MKD  million Q3/14 2,566 2,523  
GDP at current prices, by expenditure approach1) MKD  million Q3/14 133,338 133,118  
     Final Consumption MKD  million Q3/14 110,977 120,544
     Household  final consumption including NPISHs MKD  million Q3/14 90,577 98,713  
     General   government final  consumption MKD  million Q3/14 20,400 21,831
      Gross capital formation2) MKD  million Q3/14 39,835 38,679  
     Exports of goods and services MKD  million Q3/14 68,365 62,654
     Imports of goods and services MKD  million Q3/14 85,839 88,759  
GDP at constant prices, by expenditure approach                MKD  million                          Q3/14 103,184           103,571
     Final Consumption                 MKD  million                         Q3/14 85,783            92,965  
     Household  final expenditure including NPISHs                MKD  million                         Q3/14 71,651           77,948
     General   government final  consumption                MKD  million                          Q3/14 14,117            15,036  
     Gross  capital formation               MKD  million                          Q3/14 26,363            26,600
     Exports of goods and services               MKD  million                          Q3/14 50,819           45,763  
     Imports of goods and services               MKD  million                          Q3/14 60,295            61,836
Production index3) Index 2010=100 Oct/14 117.4 113.4 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Sep/14 21,278 21,217 Long time series
Employment persons thousand Q3/14 691 687 Long time series  
Unemployment persons thousand Q3/14 267 270 Long time series
Consumer price index Index 2005 = 100 Nov/14 126.7 126.7 Long time series  
Producer price index 4) Index 2010 = 100, original index Nov/14 117.5 117.5 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 Oct/14 13,673 12,742
    Expenditure MKD million Oct/14 14,329 13,218  
Balance, Deficit/Surplus MKD million Oct/14 -656 -476
    Financing MKD million Oct/14 656 476  
    Domestic MKD million Oct/14 907 2,324
    Bank MKD million Oct/14 2,208 2,517  
    Non-bank MKD million Oct/14 -1,301 -193
    Foreign MKD million Oct/14 -251 -1,848  
Central Government Debt
Central Government Debt EUR million Q2/14 2,792.96 2,849.99  
Domestic debt (by maturity and instrument) EUR million Q2/14 1,217.56 1,252.79
    Long-term EUR million Q2/14 499.01 497.09  
    Loans EUR million Q2/14 0.00 0.00
   Bonds o/w EUR million Q2/14 499.01 497.09  
Structural bonds EUR million Q2/14 79.30 100.80
T-Bonds EUR million Q2/14 419.71 396.29  
     Short-term EUR million Q2/14 718.56 755.70
   Loans EUR million Q2/14 0.00 0.00  
   T-Bills EUR million Q2/14 718.56 755.70
External debt (by maturity and instrument) EUR million Q2/14 1,575.40 1,597.20  
     Long-term EUR million Q2/14 1,575.40 1,597.20
  Loans EUR million Q2/14 1,425.40 1,447.20  
  Bonds EUR million Q2/14 150.00 150.00
     Short-term EUR million Q2/14 0.00 0.00  
Debt guaranteed by the central government EUR million Q2/14 615.70 522.02
             Domestic EUR million Q2/14 27.30 27.95  
             Foreign EUR million Q2/14 588.40 494.07    
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 Nov/14 300,666.67 298,716.64 Long time series 
Monetary Aggregate M1 MKD million Nov/14 77,251.26 76,887.96  
Monetary Aggregate M2 MKD million Nov/14 226,073.77 226,070.16  
Domestic claims of witch:
   Net claims on Central Government MKD million Nov/14 -3,924.54 -5,064.37  
   Claims on Nonfinancial public sector MKD million Nov/14 678.14 580.25
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Nov/14 1,467.12 1,334.05
      Claims on State & Local Government MKD million Nov/14 740.32 761.67  
      Claims on Private Sector MKD million Nov/14 250,572.48 247,928.72
   Net Foreign Assets MKD million Nov/14 144,498.21 145,491.32  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Nov/14 71,971.16 68,527.58 Long time series
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Nov/14 -34,452.62 -38,758.58
Claims on Central Government MKD million Nov/14 16,316.42 16,315.48
                              Liabilities on Central Government MKD million Nov/14 50,769.04 55,074.06
            Claims on Nonfinancial public sector MKD million Nov/14 0.00 0.00  
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Nov/14 0.00 0.00  
Claims on State & Local Government MKD million Nov/14 0.00 0.00   
Claims on Private Sector MKD million Nov/14 81.72 86.88
Net Foreign Assets MKD million Nov/14 144,454.81 145,084.48
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 Oct/14 7.32 7.37
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Oct/14 6.16 6.17  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Oct/14 3.57 3.56
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Oct/14 1.25 1.27  
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Oct/14 6.81 6.79  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Oct/14 6.13 6.01
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Oct/14 1.89 1.95  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Oct/14 0.34 0.36
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 Sep/14 40.10 72.75
                                 Goods: credit In EUR Million Sep/14 270.27 219.27
   Goods: debit In EUR Million Sep/14 405.16 355.29  
                                 Services: credit In EUR Million Sep/14 118.71 135.60
                                 Services: debit In EUR Million Sep/14 76.17 63.86  
                                  Primary income: credit In EUR Million Sep/14 10.98 9.63
                                 Primary income: debit In EUR Million Sep/14 31.28 31.01  
                                  Secondary income: credit In EUR Million Sep/14 163.87 165.64
                                 Secondary income: debit In EUR Million Sep/14 11.12 7.23  
Capital account In EUR Million Sep/14 0.41 0.00
                                 Capital account: credit In EUR Million Sep/14 0.41 0.00  
                                 Capital account: debit In EUR Million Sep/14 0.00 0.00
Financial account In EUR Million Sep/14 47.06 73.50
                                    Direct investment: net acquisition of financial assets In EUR Million Sep/14 -0.03 -9.33
                                    Direct investment: net incurrence of liabilities In EUR Million Sep/14 16.66 21.73  
                                    Portfolio investment: net acquisition of financial assets In EUR Million Sep/14 1.95 2.70
                                    Portfolio investment: net incurrence of liabilities In EUR Million Sep/14 4.75 4.38  
                                    Other investment: net acquisition of financial assets In EUR Million Sep/14 118.91 73.88
                                    Other investment: net incurrence of liabilities In EUR Million Sep/14 34.41 32.23  
                                    Reserve assets In EUR Million Sep/14 -17.96 64.59
Net errors and omissions In EUR Million Sep/14 6.56 0.75
Official Reserves  Assets  1) EUR Million Nov/14 2,417.12 2,429.13 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Nov/14 2,205.47 2,220.81  
IMF reserve position EUR Million Nov/14 0.00 0.00
SDRs EUR Million Nov/14 4.18 4.71  
Gold EUR Million Nov/14 207.46 203.62
Other reserve assets EUR Million Nov/14 0.00 0.00  
Reserves template  1) EUR Million Oct/14 2,429.13 2,434.98 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Oct/14 443.3 459.9
Total import ( CIF) USD Million Oct/14 657.5 621.7  
International investment position  1)  6)                      EUR million                        Q2/14 -4,836.14         -4,717.38 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q2/14 4,356.60 4,390.45  
                              Direct investment EUR million Q2/14 606.81 636.43
                              Portfolio investment EUR million Q2/14 128.51 119.03  
                                                                                                 Equity and investment fund shares EUR million Q2/14 128.51            119.03
                                                                                                 Debt securities EUR million Q2/14 0.00                 0.00  
                                Other investment EUR million Q2/14 1,748.29 1,693.80
                                  Reserve assets EUR million Q2/14 1,872.99 1,941.19  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q2/14 9,192.74 9,107.83
                                  Direct investment EUR million Q2/14 4,602.91 4,609.72  
                                  Portfolio investment EUR million Q2/14 264.64 263.84
                                                                                                 Equity and investment fund shares EUR million Q2/14 96.87 98.28  
                                                                                                 Debt securities EUR million Q2/14 167.76 165.56
                                 Other investment EUR million Q2/14 4,325.18 4,234.28  
External debt   1)  6)  Long time series
Gross External Debt, disaggregated EUR million Q2/14 5,741.65 5,628.71
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.