Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: April 17, 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 Long time series
GDP at current prices, by production approach 1) MKD  million Q4/13 127,842 123,246  
     Agriculture, forestry, and fishing (A+B) MKD  million Q4/13  12,925   12,049
      Mining and quarrying, Manufacturing, including energy (C+D+E)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Q4/13 16,734 16,260  
     Construction (F) MKD  million Q4/13 13,844 11,711
     Wholesale and retail trade (G) MKD  million Q4/13 16,172 15,851  
     Hotels and restaurants (H) MKD  million Q4/13 1,161 1,510
     Transport, storage and communication (I) MKD  million Q4/13 8,010 7,556  
     Financial, renting, business activities,other community, social and personal service activities and imputed rents                                             (J+K+O) MKD  million Q4/13 24,381 24,284
     Public administration and defence, compulsory social security, Education, Health and social work  (L+M+N) MKD  million Q4/13 16,456 16,173  
GDP at constant prices, by production approach1)                    MKD  million                        Q4/13        102,733          96,107
     Agriculture, forestry, and fishing (A+B)                    MKD  million                        Q4/13         10,746             9,746  
      Mining and quarrying, Manufacturing, including energy (C+D+E)                    MKD  million                        Q4/13   16,589             15,952
     Construction (F)                    MKD  million                         Q4/13  9,158               7,705  
     Wholesale and retail trade (G)                    MKD  million                        Q4/13       12,983             12,744
     Hotels and restaurants (H)                    MKD  million                         Q4/13      1,121                1,434  
     Transport, storage and communication (I)                    MKD  million                        Q4/13         9,236               8,774
     Financial, renting, business activities,other community, social and personal service activities and imputed rents                                             (J+K+O)                    MKD  million                                   Q4/13 14,715            14,630  
     Public administration and defence, compulsory social security, Education, Health and social work  (L+M+N)                    MKD  million                        Q4/13   11,967             11,799
GDP at current prices, by expenditure approach1) MKD  million Q4/13 127,842 123,246  
     Final Consumption MKD  million Q4/13 112,059 109,959
     Household  final consumption including NPISHs MKD  million Q4/13 90,372 89,925  
     General   government final  consumption MKD  million Q4/13 21,687 20,034
      Gross capital formation2) MKD  million Q4/13 40,789 28,924  
     Exports of goods and services MKD  million Q4/13 67,709 68,977
     Imports of goods and services MKD  million Q4/13 92,715 84,615  
GDP at constant prices, by expenditure approach                MKD  million                           Q4/13 102,733            96,107
     Final Consumption                 MKD  million                           Q4/13 86,056            84,455  
     Household  final expenditure including NPISHs                MKD  million                       Q4/13 71,287            70,941
     General   government final  consumption                MKD  million                           Q4/13 14,853            13,732  
     Gross  capital formation               MKD  million                          Q4/13 35,147            23,928
     Exports of goods and services               MKD  million                          Q4/13 46,860            47,723  
     Imports of goods and services               MKD  million                          Q4/13 65,525            60,860
Production index3) Index 2010=100 Feb/14 94.9 90.9 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Jan/14 21,327 21,500 Long time series
Employment persons thousand Q4/13 685 682 Long time series  
Unemployment persons thousand Q4/13 275 275 Long time series
Consumer price index Index 2005 = 100 Mar/14 126.7 127.1 Long time series  
Producer price index 4) Index 2010 = 100, original index Mar/14 116.8 116.0 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    2012              149,620           147,092  
Expenditure MKD million    2012              167,816           158,979
Balance, Deficit/Surplus 5) MKD million    2012              -18,196            -11,887  
    Financing MKD million    2012               18,196               11,887
    Domestic MKD million    2012               13,523               -8,733  
    Bank MKD million    2012                6,504               -6,980
    Non-bank MKD million    2012                7,019                -1,753  
    Foreign MKD million    2012                4,673              20,620
Central Government Operations  p)                                               Long time series          
    Revenue MKD million Feb/14 10,986 10,086
    Expenditure MKD million Feb/14 16,655 11,975  
Balance, Deficit/Surplus MKD million Feb/14 -5,669 -1,889
    Financing MKD million Feb/14 5,669 1,889  
    Domestic MKD million Feb/14 4,915 2,328
    Bank MKD million Feb/14 4,596 1,638  
    Non-bank MKD million Feb/14 319 690
    Foreign MKD million Feb/14 754 -439  
Central Government Debt
Central Government Debt EUR million Q4/13 2,757.00 2,695.80  
Domestic debt (by maturity and instrument) EUR million Q4/13 1,165.10 1,087.90
    Long-term EUR million Q4/13 470.20 439.46  
    Loans EUR million Q4/13 0.00 0.00
   Bonds o/w EUR million Q4/13 470.20 439.46  
Structural bonds EUR million Q4/13 103.20 103.70
T-Bonds EUR million Q4/13 367.00 335.76  
     Short-term EUR million Q4/13 694.90 648.44
   Loans EUR million Q4/13 0.00 0.00  
   T-Bills EUR million Q4/13 694.90 648.44
External debt (by maturity and instrument) EUR million Q4/13 1,591.90 1,607.90  
     Long-term EUR million Q4/13 1,591.90 1,607.90
  Loans EUR million Q4/13 1,441.90 1,457.90  
  Bonds EUR million Q4/13 150.00 150.00
     Short-term EUR million Q4/13 0.00 0.00  
Debt guaranteed by the central government EUR million Q4/13 509.80 500.98
             Domestic EUR million Q4/13 28.64 29.32  
             Foreign EUR million Q4/13 481.16 471.66    
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/14 286,238.71 284,751.03 Long time series 
Monetary Aggregate M1 MKD million Mar/14 71,900.12 70,999.87  
Monetary Aggregate M2 MKD million Mar/14 220,424.09 219,714.91  
Domestic claims of witch:
   Net claims on Central Government MKD million Mar/14 22,103.75 18,597.54  
   Claims on Nonfinancial public sector MKD million Mar/14 696.37 631.77
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Mar/14 969.12 972.65
         Claims on State & Local Government MKD million Mar/14 670.00 635.57  
          Claims on Private Sector MKD million Mar/14 236,049.26 233,566.95
   Net Foreign Assets MKD million Mar/14 110,846.79 115,058.44  
Central bank survey  11) Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Mar/14 60,307.09 62,014.81 Long time series
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Mar/14 -18,599.58 -19,299.32
Claims on Central Government MKD million Mar/14 19,067.31 19,219.02
             Liabilities on Central Government MKD million Mar/14 37,666.89 38,518.34
       Claims on Nonfinancial public sector MKD million Mar/14 0.00 0.00  
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Mar/14 0.00 0.00  
Claims on State & Local Government MKD million Mar/14 0.00 0.00   
Claims on Private Sector MKD million Mar/14 82.34 86.79
Net Foreign Assets MKD million Mar/14 115,279.87 118,033.45
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/14 7.63 7.66
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Feb/14 6.39 6.40  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Feb/14 3.84 3.92
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Feb/14 1.48 1.50  
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Feb/14 7.00 6.03  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Feb/14 6.18 5.90
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Feb/14 2.41 2.40  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Feb/14 0.46 0.47
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)  7)                                                                                                                   Long time series                                                                    
Current account In EUR Million Jan/14 -16.81 -7.12
                                                   Goods: exports In EUR Million Jan/14 233.79 298.14
   Goods: imports In EUR Million Jan/14 -357.81 -437.83  
                                                   Services: credit In EUR Million Jan/14 73.65 74.36
                                                    Services: debit In EUR Million Jan/14 -55.32 -74.64  
                                                   Income: credit In EUR Million Jan/14 11.31 12.08
                                                   Income: debit In EUR Million Jan/14 -24.90 -26.37  
                                                   Current transfers: credit In EUR Million Jan/14 110.83 155.27
                                                    Current transfers: debit In EUR Million Jan/14 -8.36 -8.12  
Capital account In EUR Million Jan/14 2.55 0.97
                                                   Capital account: credit In EUR Million Jan/14 3.98 2.11  
                                                    Capital account: debit In EUR Million Jan/14 -1.44 -1.14
Financial account In EUR Million Jan/14 0.16 3.86
                                                    Direct investment abroad In EUR Million Jan/14 -0.16 -0.71
                                                   Direct investment in reporting economy In EUR Million Jan/14 16.32 28.84  
                                                   Portfolio investment, assets In EUR Million Jan/14 -0.71 -3.40
                                                    Portfolio investment, liabilities In EUR Million Jan/14 -2.00 -6.45  
                                                   Other investment, assets In EUR Million Jan/14 -308.03 272.62
                                                   Other investment, liabilities 6) In EUR Million Jan/14 270.39 -294.46  
                                                   Reserve assets In EUR Million Jan/14 24.35 7.43
Net errors and omissions In EUR Million Jan/14 14.10 2.29
Official Reserves  Assets  1) EUR Million Mar/14 1,941.19 1,987.05 Long time series
Foreign currency reserves *r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) EUR Million Mar/14 1,732.16 1,771.04  
IMF reserve position EUR Million Mar/14 0.00 0.00
SDRs EUR Million Mar/14 3.82 3.86  
Gold * EUR Million Mar/14 205.21 212.15
Other reserve assets EUR Million Mar/14 0.00 0.00  
Reserves template  1) EUR Million Feb/14 1,987.05 1,979.14 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Feb14 376.5 320.4
Total import ( CIF) USD Million Feb/14 558.3 512.7  
International investment position  1)  8)                     EUR million                        Q4/13 -4,582.88         -4,491.06 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q4/13 3,543.63 3,916.18  
                        Direct investment abroad EUR million Q4/13 74.19 83.32
                         Portfolio investment EUR million Q4/13 103.74 90.24  
                                                                         Equity securities EUR million Q4/13 103.74             90.24
                                                                         Debt securities EUR million Q4/13  
                         Other investment EUR million Q4/13 1,372.71 1,677.84
                         Reserve assets EUR million Q4/13 1,992.99 2,064.77  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q4/13 8,126.51 8,407.23
                         Direct investment in reporting economy EUR million Q4/13 4,012.42 3,957.04  
                         Portfolio investment EUR million Q4/13 266.45 272.60
                                                                        Equity securities EUR million Q4/13 114.02 114.78  
                                                                                   Debt securities EUR million Q4/13 152.42 157.83
                         Other investment EUR million Q4/13 3,847.65 4,177.59  
External debt   1)  9) Long time series
Gross External Debt, disaggregated EUR million Q4/13 5,210.09 5,513.17
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              30.06.2012  2,061.00       2,059.00              Long time series                                                                                  
Footnotes:
*) Corrected data
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) Liabilities under PCL with the IMF are classified under Financial Account-Other Investment-Liabilities-Loans-General Government-Long Term.
7) Revision of data has been done in September 2013 in the following categories:
  • for 2012 data: direct investment, income and current transfers-due to inclusion of data from the annual FDI Survey VS 22 and methodological improvments;
  • in the categories goods, services, trade credits, loans and other liabilities-as a result of improved coverage of data;
  • for 2011 data: current transfers and capital transfers-as a result of methodological improvments; portfolio investments-as a result of improved coverage of data;
  • goods, services and trade credits data for 2011 due to the final data on foreign trade for 2011.

 

8) In September 2013, due to better data coverage, a revision of the data for 2010, 2011 and 2012 was done. For detailed information see the link: Long time series
9) Regular annual revision of external debt data for 2012 is published on www.nbrm.mk
10) Revised data
11) Revised data for December 2013