Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: July 29, 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 Q1/15 126,566 138,742  
     Agriculture, forestry and fishing (A) MKD  million Q1/15 8,755 13,306
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q1/15 18,741 21,973  
     Construction (F) MKD  million Q1/15 9,396 7,943
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/15 22,315 24,178  
     Information and communication (J) MKD  million Q1/15 4,212 4,421
     Financial and insurance activities (K) MKD  million Q1/15 3,617 3,657  
     Real estate activities (L)                                             MKD  million Q1/15 16,765 15,393
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/15 4,923 4,408  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/15 17,850 18,110
     Other services (R+S+T) MKD  million Q1/15 3,565 3,468  
GDP at constant prices, by production approach1)                        MKD  million     Q1/15   98,578  104,315
     Agriculture, forestry and fishing (A) MKD  million Q1/15 5,789 8,868
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q1/15 11,927 13,875  
     Construction (F) MKD  million Q1/15 12,524 9,259
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/15 15,263 16,321  
     Information and communication (J) MKD  million Q1/15 5,562 5,805
     Financial and insurance activities (K) MKD  million Q1/15 3,845 3,868  
     Real estate activities (L)                                           MKD  million Q1/15 11,656 11,393
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/15 4,040 3,606  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/15 12,296 12,471
     Other services (R+S+T) MKD  million Q1/15 2,665 2,578  
GDP at current prices, by expenditure approach1) MKD  million Q1/15 126,566 138,742  
     Final Consumption MKD  million Q1/15 110,695 115,380
     Household  final consumption including NPISHs MKD  million Q1/15 88,128 91,249  
     General   government final  consumption MKD  million Q1/15 22,567 24,131
      Gross capital formation2) MKD  million Q1/15 35,168 47,620  
     Exports of goods and services MKD  million Q1/15 61,186 66,941
     Imports of goods and services MKD  million Q1/15 80,483 91,199  
GDP at constant prices, by expenditure approach                MKD  million                            Q1/15 98,578           104,315
     Final Consumption                 MKD  million                           Q1/15 85,705           88,797  
     Household  final expenditure including NPISHs                MKD  million                          Q1/15 70,052           72,156
     General   government final  consumption                MKD  million                           Q1/15 15,447            16,386  
     Gross  capital formation               MKD  million                          Q1/15 25,572            30,523
     Exports of goods and services               MKD  million                          Q1/15 42,679           51,657  
     Imports of goods and services               MKD  million                          Q1/15 55,777            66,986
Production index3) Index 2010=100 Jun/15 123.9 112.8 Long time series  
Wages/earnings Monthly average, net amount per employe, denar May/15 22,071 21,746 Long time series
Employment persons thousand Q1/15 697 696 Long time series  
Unemployment persons thousand Q1/15 262 265 Long time series
Consumer price index Index 2005 = 100 Jun/15 127.4 127.4 Long time series  
Producer price index 4) Index 2010 = 100, original index Jun/15 112.3 112.5 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    2014              156,693                    150,869  
Expenditure MKD million    2014              178,925                  170,905
Balance, Deficit/Surplus 5) MKD million    2014              -22,232                      -20,036  
    Financing MKD million    2014               22,232                       20,036
    Domestic MKD million     2014               -5,990                     13,671  
    Bank MKD million    2014                -7,531                          8,031
    Non-bank MKD million    2014                1,541                             5,640  
    Foreign MKD million    2014                28,222                         6,365
Central Government Operations  p)                                               Long time series          
    Revenue MKD million Jun/15 12,219 13,750
    Expenditure MKD million Jun/15 13,849 15,359  
Balance, Deficit/Surplus MKD million Jun/15 -1,630 -1,609
    Financing MKD million Jun/15 1,630 1,609  
    Domestic MKD million Jun/15 1,819 1,825
    Bank MKD million Jun/15 1,293 1,166  
    Non-bank MKD million Jun/15 526 659
    Foreign MKD million Jun/15 -189 -216  
Central Government Debt
Central Government Debt EUR million Q1/15 3,212.86 3,246.33  
Domestic debt (by maturity and instrument) EUR million Q1/15 1,243.46 1,159.43
    Long-term EUR million Q1/15 732.83 657.81  
    Loans EUR million Q1/15 0.00 0.00
   Bonds o/w EUR million Q1/15 732.83 657.81  
Structural bonds EUR million Q1/15 79.90 83.30
T-Bonds EUR million Q1/15 652.93 574.51  
     Short-term EUR million Q1/15 510.63 501.62
   Loans EUR million Q1/15 0.00 0.00  
   T-Bills EUR million Q1/15 510.63 501.62
External debt (by maturity and instrument) EUR million Q1/15 1,969.40 2,086.90  
     Long-term EUR million Q1/15 1,969.40 2,086.90
  Loans EUR million Q1/15 1,319.40 1,436.90  
  Bonds EUR million Q1/15 650.00 650.00
     Short-term EUR million Q1/15 0.00 0.00  
Debt guaranteed by the central government EUR million Q1/15 682.25 658.90
             Domestic EUR million Q1/15 25.20 25.90  
             Foreign EUR million Q1/15 657.05 633.00    
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 Jun/15 314,197.41 311,337.51 Long time series 
Monetary Aggregate M1 MKD million Jun/15 89,668.16 87,448.94  
Monetary Aggregate M2 MKD million Jun/15 236,868.80 234,357.20  
Domestic claims of witch:
   Net claims on Central Government MKD million Jun/15 16,170.06 14,315.11  
   Claims on Nonfinancial public sector MKD million Jun/15 894.83 958.54
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Jun/15 1,364.26 1,635.20
      Claims on State & Local Government MKD million Jun/15 807.45 804.71  
      Claims on Private Sector MKD million Jun/15 264,678.28 262,280.59
   Net Foreign Assets MKD million Jun/15 133,570.31 136,385.59  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Jun/15 71,991.04 72,307.85 Long time series
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Jun/15 -19,233.54 -21,627.85
Claims on Central Government MKD million Jun/15 6,013.07 6,054.73
       Liabilities on Central Government MKD million Jun/15 25,246.61 27,682.58
    Claims on Nonfinancial public sector MKD million Jun/15 0.00 0.00
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Jun/15 0.00 0.00
Claims on State & Local Government MKD million Jun/15 0.00 0.00  
Claims on Private Sector MKD million Jun/15 94.91 60.86
Net Foreign Assets MKD million Jun/15 134,033.81 138,543.25
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 May/15 7.13 7.19 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level May/15 5.92 5.94 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level May/15 2.98 2.99 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level May/15 1.34 1.35 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 May/15 6.33 6.40 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level May/15 5.49 5.10 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level May/15 1.91 1.78 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level May/15 1.24 1.09 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 Apr/15 -60.27 -80.59
                              Goods: credit In EUR Million Apr/15 216.35 249.12
   Goods: debit In EUR Million Apr/15 408.23 448.35  
                              Services: credit In EUR Million Apr/15 105.97 105.63
                               Services: debit In EUR Million Apr/15 90.36 75.03  
                               Primary income: credit In EUR Million Apr/15 10.42 10.87
                              Primary income: debit In EUR Million Apr/15 30.37 29.44
 
                               Secondary income: credit In EUR Million Apr/15 143.82 115.07
                              Secondary income: debit In EUR Million Apr/15 7.86 8.44  
Capital account In EUR Million Apr/15 0.20 0.18
                               Capital account: credit In EUR Million Apr/15 0.20 0.18  
                              Capital account: debit In EUR Million Apr/15 0.00 0.00
Financial account In EUR Million Apr/15 -59.97 -72.89
                               Direct investment: net acquisition of financial assets In EUR Million Apr/15 0.09 -28.64
                              Direct investment: net incurrence of liabilities In EUR Million Apr/15 36.67 -7.08  
                              Portfolio investment: net acquisition of financial assets In EUR Million Apr/15 1.32 -5.47
                              Portfolio investment: net incurrence of liabilities In EUR Million Apr/15 1.53 1.49  
                              Other investment: net acquisition of financial assets In EUR Million Apr/15 90.95 -86.77
                               Other investment: net incurrence of liabilities In EUR Million Apr/15 108.99 -39.44  
                              Reserve assets In EUR Million Apr/15 -5.14 2.96
Net errors and omissions In EUR Million Apr/15 0.10 7.52
Official Reserves  Assets  1) EUR Million Jun/15 2,254.84 2,328.49 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Jun/15 2,019.26 2,084.97  
IMF reserve position EUR Million Jun/15 0.00 0.00
SDRs EUR Million Jun/15 4.79 4.83
Gold EUR Million Jun/15 230.79 238.70
Other reserve assets EUR Million Jun/15 0.00 0.00  
Reserves template  1) EUR Million May/15 2,328.49 2,344.33 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million May/15 390.4 320.0
Total import ( CIF) USD Million May/15 523.2 538.4  
International investment position  1)  6)                      EUR million                        Q1/15 -4,824.85        -4,781.56 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q1/15 4,792.22 4,596.84  
                                 Direct investment EUR million Q1/15 417.64 445.75
                               Portfolio investment EUR million Q1/15 171.68 154.96  
                                                                                      Equity and investment fund shares EUR million Q1/15 171.68            154.96
                                                                               Debt securities EUR million Q1/15 0.00                 0.00  
                              Other investment EUR million Q1/15 1,848.06 1,559.65
                              Reserve assets EUR million Q1/15 2,354.84 2,436.48  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q1/15 9,617.07 9,378.41
                              Direct investment EUR million Q1/15 4,625.53 4,587.61  
                              Portfolio investment EUR million Q1/15 785.04 772.21
                                                                                      Equity and investment fund shares EUR million Q1/15 95.99 97.81  
                                                                                         Debt securities EUR million Q1/15 689.05 674.40
                              Other investment EUR million Q1/15 4,206.49 4,018.59  
External debt   1)  6)  Long time series
Gross External Debt, disaggregated EUR million Q1/15 6,185.20 5,954.40
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                         30.06.2014    2,069.00       2,064.00                  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.