Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: June 22, 2018

           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 Q1/18 149,483 165,885  
     Agriculture, forestry and fishing (A) MKD  million Q1/18 11,449 18,252
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q1/18 25,263 29,390  
     Construction (F) MKD  million Q1/18 6,910 10,314
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/18 32,951 34,568  
     Information and communication (J) MKD  million Q1/18 4,687 4,974
     Financial and insurance activities (K) MKD  million Q1/18 4,304 4,536  
     Real estate activities (L)                                             MKD  million Q1/18 16,048 15,603
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/18 5,623 5,024  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/18 19,136 18,631
     Other services (R+S+T) MKD  million Q1/18 4,213 3,618  
GDP at constant prices, by production approach1)                        MKD  million     Q1/18 103,334   115,089
     Agriculture, forestry and fishing (A) MKD  million Q1/18 6,660 10,514
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q1/18 13,453 15,645  
     Construction (F) MKD  million Q1/18 7,781 11,450
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/18 19,727 20,956  
     Information and communication (J) MKD  million Q1/18 6,227 6,639
     Financial and insurance activities (K) MKD  million Q1/18 4,126 4,348  
     Real estate activities (L)                                           MKD  million Q1/18 11,659 11,326
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/18 4,470 4,004  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/18 12,348 12,327
     Other services (R+S+T) MKD  million Q1/18 3,201 2,759  
GDP at current prices, by expenditure approach1) MKD  million Q1/18 149,483 165,885  
     Final Consumption MKD  million Q1/18 120,505 133,149
     Household  final consumption including NPISHs MKD  million Q1/18 96,116 107,525  
     General   government final  consumption MKD  million Q1/18 24,389 25,624
      Gross capital formation2) MKD  million Q1/18 52,054 59,896  
     Exports of goods and services MKD  million Q1/18 85,516 89,667
     Imports of goods and services MKD  million Q1/18 108,591 116,826  
GDP at constant prices, by expenditure approach                MKD  million                          Q1/18    103,334           115,089
     Final Consumption                 MKD  million                            Q1/18 90,557           100,246  
     Household  final expenditure including NPISHs                MKD  million                           Q1/18 74,305           83,083
     General   government final  consumption                MKD  million                           Q1/18 16,081            17,086  
     Gross  capital formation               MKD  million                          Q1/18 36,405            45,701
     Exports of goods and services               MKD  million                          Q1/18 63,535            70,150  
     Imports of goods and services               MKD  million                          Q1/18 87,600            101,689
Production index3) Index 2015=100 Apr/18 102.0 109.3 Previous data corrected
Long time series
 
Wages/earnings Monthly average, net amount per employe, denar Apr/18 23,942 23,694 Long time series
Employment persons thousand Q1/18 750 745 Long time series  
Unemployment persons thousand Q1/18 207 208 Long time series
Consumer price index Index 2005 = 100 May/18 130.2 129.0 Long time series  
Producer price index 4) Index 2015 = 100, original index Apr/18 100.3 99.8 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 Apr/18 17,090 15,988
    Expenditure MKD million Apr/18 16,498 15,823  
Balance, Deficit/Surplus 9) MKD million Apr/18 592 165
    Financing MKD million Apr/18 -592 -165  
    Domestic MKD million Apr/18 -641 -22
    Bank MKD million Apr/18 -1,768 -207  
    Non-bank MKD million Apr/18 1,127 185
    Foreign MKD million Apr/18 49 -143  
Central Government Debt
Central Government Debt EUR million Q4/17 3,944.30 3,860.66  
Domestic debt (by maturity and instrument) EUR million Q4/17 1,571.20 1,488.06
    Long-term EUR million Q4/17 945.10 864.52  
    Loans EUR million Q4/17 0.00 0.00
   Bonds o/w EUR million Q4/17 945.10 864.52  
Structural bonds EUR million Q4/17 65.50 58.90
T-Bonds EUR million Q4/17 879.60 805.62  
     Short-term EUR million Q4/17 626.10 623.54
   Loans EUR million Q4/17 0.00 0.00  
   T-Bills EUR million Q4/17 626.10 623.54
External debt (by maturity and instrument) EUR million Q4/17 2,373.10 2,372.60  
     Long-term EUR million Q4/17 2,373.10 2,372.60
  Loans EUR million Q4/17 1,153.10 1,152.60  
  Bonds EUR million Q4/17 1,220.00 1,220.00
     Short-term EUR million Q4/17 0.00 0.00  
Debt guaranteed by the central government EUR million Q4/17 828.40 815.70
             Domestic EUR million Q4/17 17.70 18.40  
             Foreign EUR million Q4/17 810.70 797.30    
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 May/18 378,483.46 372,139.37
Monetary Aggregate M1 MKD million May/18 124,781.13 123,339.31
Monetary Aggregate M2 MKD million May/18 282,419.81 276,915.25
Domestic claims of witch:
   Net claims on Central Government MKD million May/18 4,526.82 2,233.28
   Claims on Nonfinancial public sector MKD million May/18 1,530.52 1,564.83
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million May/18 1,884.40 1,878.81
         Claims on State & Local Government MKD million May/18 688.31 702.47
          Claims on Private Sector MKD million May/18 301,201.36 298,219.15
   Net Foreign Assets MKD million May/18 164,516.99 161,966.18  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million May/18 89,116.30 86,852.56
Data of Previous Period in
accordance with final data
submission

 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million May/18 -30,622.51 -32,589.62 Data of Previous Period in
accordance with final data
submission
Claims on Central Government MKD million May/18 5,898.38 5,787.49 Data of Previous Period in n
accordance with final data
submission
 Liabilities on Central Government MKD million May/18 36,520.89 38,377.11 Data of Previous Period in
accordance with final data
submission
Claims on Nonfinancial public sector MKD million May/18 0.00 0.00 Data of Previous Period in
accordance with final data
submission
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million May/18 0.00 0.00 Data of Previous Period in
accordance with final data
submission
Claims on State & Local Government MKD million May/18 0.00 0.00 Data of Previous Period in
accordance with final data
submission
Claims on Private Sector MKD million May/18 292.14 279.51 Data of Previous Period in
accordance with final data
submission
Net Foreign Assets MKD million May/18 155,872.01 154,888.43 Data of Previous Period in
accordance with final data
submission
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 Apr/18 5.88 5.90  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Apr/18 4.55 4.56  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Apr/18 2.07 2.10  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Apr/18 0.76 0.76  
New business                  Long time series
Interest rates on Denar loans Monthly weighted average, in %, on annual level Apr/18 5.02 5.08  
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Apr/18 4.27 3.87  
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Apr/18 1.46 1.81  
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Apr/18 0.68 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 Q1/18 -157.90 -69.55
         Goods: credit In EUR Million Q1/18 1,044.55 1,086.64
   Goods: debit In EUR Million Q1/18 1,518.98 1,592.06  
         Services: credit In EUR Million Q1/18 343.02 370.45
         Services: debit In EUR Million Q1/18 246.20 307.05  
         Primary income: credit In EUR Million Q1/18 33.20 35.90
         Primary income: debit In EUR Million Q1/18 142.93 138.92  
         Secondary income: credit In EUR Million Q1/18 356.96 590.21
         Secondary income: debit In EUR Million Q1/18 27.51 33.72  
Capital account In EUR Million Q1/18 0.34 2.89
          Capital account: credit In EUR Million Q1/18 0.35 2.89  
         Capital account: debit In EUR Million Q1/18 0.01 0.00
Financial account In EUR Million Q1/18 -169.69 -74.55
         Direct investment: net acquisition of financial assets In EUR Million Q1/18 66.39 -61.91
         Direct investment: net incurrence of liabilities In EUR Million Q1/18 299.71 116.17  
         Portfolio investment: net acquisition of financial assets In EUR Million Q1/18 21.21 2.19
         Portfolio investment: net incurrence of liabilities In EUR Million Q1/18 389.86 10.18  
         Other investment: net acquisition of financial assets In EUR Million Q1/18 369.76 -227.01
         Other investment: net incurrence of liabilities In EUR Million Q1/18 194.15 -256.12  
         Reserve assets In EUR Million Q1/18 256.69 82.40
Net errors and omissions In EUR Million Q1/18 -12.13 -7.89
Official Reserves  Assets  1) * EUR Million May/18 2,610.73 2,588.45 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million May/18 2,358.57 2,342.89  
IMF reserve position EUR Million May/18 0.00 0.00
SDRs EUR Million May/18 3.92 3.99
Gold EUR Million May/18 248.24 241.57
Other reserve assets EUR Million May/18 0.00 0.00  
Reserves template  1) EUR Million Aprr/18 2,588.45 2,588.45 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Apr/18 566.2 525.5
Total import ( CIF) USD Million Apr/18 760.7 795.2  
International investment position  1)  7)                      EUR million                        Q4/17 -6,021.59        -5,903.26 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q4/17 5,162.78 5,398.59  
      Direct investment EUR million Q4/17 974.55 1,039.39
      Portfolio investment EUR million Q4/17 300.20 291.38  
            Equity and investment fund shares EUR million Q4/17 276.24            267.06
            Debt securities EUR million Q4/17 23.96               24.32  
      Other investment EUR million Q4/17 1,551.77 1,796.44
      Reserve assets EUR million Q4/17 2,336.25 2,271.38  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q4/17 11,184.36 11,301.85
      Direct investment EUR million Q4/17 5,783.91 5,676.09  
 Portfolio investment EUR million Q4/17 1,477.49 1,442.45
           Equity and investment fund shares EUR million Q4/17 75.73 82.81  
           Debt securities EUR million Q4/17 1.401.76 1,359.63
    Other investment EUR million Q4/17 3,922.97 4,183.31  
External debt   1)  8)    Long time series
Gross External Debt, disaggregated EUR million Q4/17 7,403.37 7,642.93
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                         30.06.2017    2,075.00       2,072.00                  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.
9) The deficit/surplus is compiled according to GFSM'1986 methodology.