Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: June 22, 2016

           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 Q1/16 141,406 143,420  
     Agriculture, forestry and fishing (A) MKD  million Q1/16 10,637 15,606
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q1/16 22,146 22,181  
     Construction (F) MKD  million Q1/16 11,813 10,527
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/16 25,043 25,712  
     Information and communication (J) MKD  million Q1/16 4,630 4,830
     Financial and insurance activities (K) MKD  million Q1/16 4,468 4,630  
     Real estate activities (L)                                             MKD  million Q1/16 17,678 16,986
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/16 5,059 4,694  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/16 16,407 16,140
     Other services (R+S+T) MKD  million Q1/16 3,402 3,233  
GDP at constant prices, by production approach1)                        MKD  million     Q1/16   102,942  106,849
     Agriculture, forestry and fishing (A) MKD  million Q1/16 6,218 9,100
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q1/16 13,187 14,821  
     Construction (F) MKD  million Q1/16 14,165 12,679
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q1/16 17,783 18,213  
     Information and communication (J) MKD  million Q1/16 6,073 6,432
     Financial and insurance activities (K) MKD  million Q1/16 4,465 4,618  
     Real estate activities (L)                                           MKD  million Q1/16 12,002 11,582
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q1/16 4,655 4,293  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q1/16 11,363 11,219
     Other services (R+S+T) MKD  million Q1/16 2,473 2,306  
GDP at current prices, by expenditure approach1) MKD  million Q1/16 141,406 143,420  
     Final Consumption MKD  million Q1/16 114,625 119,827
     Household  final consumption including NPISHs MKD  million Q1/16 90,968 95,413  
     General   government final  consumption MKD  million Q1/16 23,657 24,414
      Gross capital formation2) MKD  million Q1/16 44,838 54,430  
     Exports of goods and services MKD  million Q1/16 68,203 71,890
     Imports of goods and services MKD  million Q1/16 86,260 102,727  
GDP at constant prices, by expenditure approach                MKD  million                            Q1/16 102,942          106,849
     Final Consumption                 MKD  million                          Q1/16 88,447           91,951  
     Household  final expenditure including NPISHs                MKD  million                          Q1/16 72,133           75,152
     General   government final  consumption                MKD  million                            Q1/16 16,088            16,589  
     Gross  capital formation               MKD  million                          Q1/16 30,523            38,365
     Exports of goods and services               MKD  million                          Q1/16 53,406           57,737  
     Imports of goods and services               MKD  million                          Q1/16 68,833            80,662
Production index3) Index 2010=100 Apr/16 120.9 124.4 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Apr/16 22,356 22,053 Long time series
Employment persons thousand Q1/16 714 716 Long time series  
Unemployment persons thousand Q1/16 231 234 Long time series
Consumer price index Index 2005 = 100 May/16 126.6 126.0 Long time series  
Producer price index 4) Index 2010 = 100, original index Apr/16 112.1 112.0 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                                                                                                                                                                 
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)                                                                             
    Revenue MKD million Apr/16 14,827 14,742
    Expenditure MKD million Apr/16 14,322 15,918  
Balance, Deficit/Surplus MKD million Apr/16 505 -1,176
    Financing MKD million Apr/16 -505 1,176  
    Domestic MKD million Apr/16 -196 -249
    Bank MKD million Apr/16 -483 -987  
    Non-bank MKD million Apr/16 287 738
    Foreign MKD million Apr/16 -309 1,425  
Central Government Debt
Central Government Debt EUR million Q4/15 3,435.57 3,216.47  
Domestic debt (by maturity and instrument) EUR million Q4/15 1,344.07 1,250.97
    Long-term EUR million Q4/15 670.35 743.74  
    Loans EUR million Q4/15 0.00 0.00
   Bonds o/w EUR million Q4/15 670.35 743.74  
Structural bonds EUR million Q4/15 72.27 72.20
T-Bonds EUR million Q4/15 598.08 671.54  
     Short-term EUR million Q4/15 673.68 507.23
   Loans EUR million Q4/15 0.00 0.00  
   T-Bills EUR million Q4/15 673.68 507.23
External debt (by maturity and instrument) EUR million Q4/15 2,091.50 1,965.50  
     Long-term EUR million Q4/15 2,091.50 1,965.50
  Loans EUR million Q4/15 1,321.50 1,315.50  
  Bonds EUR million Q4/15 770.00 650.00
     Short-term EUR million Q4/15 0.00 0.00  
Debt guaranteed by the central government EUR million Q4/15 774.00 708.04
             Domestic EUR million Q4/15 23.20 23.90  
             Foreign EUR million Q4/15 750.80 684.14    
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/16 322,810.93 325,540.19 Long time series 
Monetary Aggregate M1 MKD million May/16 95,936.00 96,959.71  
Monetary Aggregate M2 MKD million May/16 243,502.25 245,578.30  
Domestic claims of witch:
   Net claims on Central Government MKD million May/16 17,922.09 16,101.05  
   Claims on Nonfinancial public sector MKD million May/16 1,049.99 1,043.44
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million May/16 1,465.19 1,439.56
         Claims on State & Local Government MKD million May/16 744.84 759.65  
        Claims on Private Sector MKD million May/16 279,005.12 280,051.12
   Net Foreign Assets MKD million May/16 129,240.87 133,673.24  
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/16 71,996.31 70,022.23 Long time series
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million May/16 -17,438.29 -21,566.43
Claims on Central Government MKD million May/16 6,022.66 5,995.23
       Liabilities on Central Government MKD million May/16 23,460.95 27,561.66
    Claims on Nonfinancial public sector MKD million May/16 0.00 0.00
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million May/16 0.00 0.00
Claims on State & Local Government MKD million May/16 0.00 0.00
Claims on Private Sector MKD million May/16 108.41 116.41
Net Foreign Assets MKD million May/16 128,487.66 130,338.10
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 Apr/16 6.67 6.70 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Apr/16 5.53 5.55 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Apr/16 2.48 2.49 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Apr/16 1.08 1.06 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 Apr/16 5.94 6.16 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Apr/16 4.76 5.07 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Apr/16 2.09 1.91 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Apr/16 1.09 1.11 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
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 Mar/16 -26.71 -0.31
               Goods: credit In EUR Million Mar/16 279.32 260.07
   Goods: debit In EUR Million Mar/16 464.97 408.56  
               Services: credit In EUR Million Mar/16 113.83 124.60
               Services: debit In EUR Million Mar/16 87.15 72.19  
               Primary income: credit In EUR Million Mar/16 11.49 9.01
               Primary income: debit In EUR Million Mar/16 33.13 28.11  
               Secondary income: credit In EUR Million Mar/16 162.94 121.33
               Secondary income: debit In EUR Million Mar/16 9.05 6.47  
Capital account In EUR Million Mar/16 2.12 -0.03
               Capital account: credit In EUR Million Mar/16 2.12 0.02  
               Capital account: debit In EUR Million Mar/16 0.00 0.05
Financial account In EUR Million Mar/16 -23.62 -1.09
               Direct investment: net acquisition of financial assets In EUR Million Mar/16 1.23 4.63
               Direct investment: net incurrence of liabilities In EUR Million Mar/16 28.46 39.57  
                Portfolio investment: net acquisition of financial assets In EUR Million Mar/16 -1.34 9.242
               Portfolio investment: net incurrence of liabilities In EUR Million Mar/16 2.26 2.08  
               Other investment: net acquisition of financial assets In EUR Million Mar/16 33.98 42.69
               Other investment: net incurrence of liabilities In EUR Million Mar/16 69.19 9.44  
               Reserve assets In EUR Million Mar/16 42.42 -6.55
Net errors and omissions In EUR Million Mar/16 0.98 -0.75
Official Reserves  Assets  1) EUR Million May/16 2,164.36 2,193.89 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million May/16 1,921.78 1,943.57  
IMF reserve position EUR Million May/16 0.00 0.00
SDRs EUR Million May/16 4.73 4.72
Gold EUR Million May/16 237.85 245.60
Other reserve assets EUR Million May/16 0.00 0.00  
Reserves template  1) EUR Million Apr/16 2,193.89 2,266.34 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Apr/16 403.7 389.2
Total import ( CIF) USD Million Apr/16 595.8 582.6  
International investment position  1)  7)                      EUR million                        Q4/15 -4,945.27        -4,761.52 Long time series
Assets t�䀀•  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled accord EUR million Q4/15 4,521.55 4,755.64  
                     Direct investment EUR million Q4/15 484.53 495.58
                     Portfolio investment EUR million Q4/15 202.34 171.08  
                                                            Equity and investment fund shares EUR million Q4/15 194.24           171.08
                                                                     Debt securities EUR million Q4/15 8.10                 0.00  
                     Other investment EUR million Q4/15 1,572.93 1,901.63
                     Reserve assets EUR million Q4/15 2,261.75 2,187.36  
Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) The deficit/surplus is compiled according EUR million Q4/15 9,466.82 9,517.17
                     Direct investment EUR million Q4/15 4,574.45 4,519.36  
 Portfolio investment EUR million Q4/15 850.61 751.24
                                                                   Equity and investment fund shares EUR million Q4/15 93.70 97.97  
                                                                   Debt securities EUR million Q4/15 756.91 653.27
                     Other investment EUR million Q4/15 4,041.76 4,246.56  
External debt   1)  8)  Long time series
Gross External Debt, disaggregated EUR million Q4/15 6,353.73 6,240.10
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) 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 2015, revision of data has been done for 2014, due to improved coverage of credit indebtedness data.