Republic of Macedonia

State Statistical Office

   



 
             

Economic and Financial Data for the

Republic of  Macedonia

Date of last update: April 28, 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 Q4/15 143,420 147,141  
     Agriculture, forestry and fishing (A) MKD  million Q4/15 15,606 14,864
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Q4/15 22,181 25,542  
     Construction (F) MKD  million Q4/15 10,527 10,094
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q4/15 25,712 27,077  
     Information and communication (J) MKD  million Q4/15 4,830 4,773
     Financial and insurance activities (K) MKD  million Q4/15 4,630 4,520  
     Real estate activities (L)                                             MKD  million Q4/15 16,986 17,102
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q4/15 4,694 4,776  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q4/15 16,140 16,113
     Other services (R+S+T) MKD  million Q4/15 3,233 3,334  
GDP at constant prices, by production approach1)                        MKD  million     Q4/15   106,849  109,595
     Agriculture, forestry and fishing (A) MKD  million Q4/15 9,100 8,695
      Manufacturing, mining and quarrying and other industry (B+C+D+E) MKD  million                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Q4/15 14,821 16,653  
     Construction (F) MKD  million Q4/15 12,679 12,254
     Wholesale and retail trade, transportation and storage, accommodation and food services activities ( G+H+I ) MKD  million Q4/15 18,213 19,007  
     Information and communication (J) MKD  million Q4/15 6,432 6,433
     Financial and insurance activities (K) MKD  million Q4/15 4,618 4,504  
     Real estate activities (L)                                           MKD  million Q4/15 11,582 11,781
     Professional, scientific, technical, administration and support service activities ( M+N ) MKD  million Q4/15 4,293 4,346  
     Public administration, defence, education, human health and social work activities (O+P+Q)                                             MKD  million Q4/15 11,219 11,294
     Other services (R+S+T) MKD  million Q4/15 2,306 2,559  
GDP at current prices, by expenditure approach1) MKD  million Q4/15 143,420 147,141  
     Final Consumption MKD  million Q4/15 119,827 117,850
     Household  final consumption including NPISHs MKD  million Q4/15 95,413 94,658  
     General   government final  consumption MKD  million Q4/15 24,414 23,192
      Gross capital formation2) MKD  million Q4/15 54,430 46,376  
     Exports of goods and services MKD  million Q4/15 71,890 71,557
     Imports of goods and services MKD  million Q4/15 102,727 88,642  
GDP at constant prices, by expenditure approach                MKD  million                            Q4/15 106,849          109,595
     Final Consumption                 MKD  million                           Q4/15 91,951           90,399  
     Household  final expenditure including NPISHs                MKD  million                          Q4/15 75,152           74,451
     General   government final  consumption                MKD  million                           Q4/15 16,589            15,813  
     Gross  capital formation               MKD  million                          Q4/15 38,365            31,151
     Exports of goods and services               MKD  million                          Q4/15 57,737           57,606  
     Imports of goods and services               MKD  million                          Q4/15 80,662            68,809
Production index3) Index 2010=100 Mar/16 124.4 112.7 Long time series  
Wages/earnings Monthly average, net amount per employe, denar Feb/16 21,813 22,254 Long time series
Employment persons thousand Q4/15 716 711 Long time series  
Unemployment persons thousand Q4/15 234 243 Long time series
Consumer price index Index 2005 = 100 Mar/16 125.9 125.8 Long time series  
Producer price index 4) Index 2010 = 100, original index Mar/16 112.0 111.5 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                                                                                                                                                                 
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 Mar/16 14,742 12,925
    Expenditure MKD million Mar/16 15,918 15,696  
Balance, Deficit/Surplus MKD million Mar/16 -1,176 -2,771
    Financing MKD million Mar/16 1,176 2,771  
    Domestic MKD million Mar/16 -249 2,892
    Bank MKD million Mar/16 -987 2,532  
    Non-bank MKD million Mar/16 738 360
    Foreign MKD million Mar/16 1,425 -121  
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 Mar/16 330,713.09 329,138.35 Long time series 
Monetary Aggregate M1 MKD million Mar/16 99,419.42 98,061.10  
Monetary Aggregate M2 MKD million Mar/16 249,608.00 248,407.17  
Domestic claims of witch:
   Net claims on Central Government MKD million Mar/16 17,111.85 19,410.80  
   Claims on Nonfinancial public sector MKD million Mar/16 1,034.70 1,036.07
   Claims on Other Resident sector    
   Claims on Other Financial Corporations MKD million Mar/16 1,430.52 1,428.73
            Claims on State & Local Government MKD million Mar/16 753.65 750.05  
            Claims on Private Sector MKD million Mar/16 279,353.54 277,026.33
   Net Foreign Assets MKD million Mar/16 138,916.65 138,332.28  
Central bank survey  Data for December 2011 are
revised in accordance with the
final balance sheets
submission
Long time series
Monetary base MKD million Mar/16 73,267.46 73,364.67 Long time series
 Domestic claims disaggregated into:  
 Net claims on Central Government MKD million Mar/16 -21,490.59 -18,731.74
Claims on Central Government MKD million Mar/16 5,955.76 5,997.75
                      Liabilities on Central Government MKD million Mar/16 27,446.35 24,729.49
          Claims on Nonfinancial public sector MKD million Mar/16 0.00 0.00
Claims on Other Resident sector    
Claims on Other Financial Corporations MKD million Mar/16 0.00 0.00
Claims on State & Local Government MKD million Mar/16 0.00 0.00
Claims on Private Sector MKD million Mar/16 121.29 126.63
Net Foreign Assets MKD million Mar/16 134,830.06 133,995.46
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 Mar/16 6.70 6.75 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Mar/16 5.55 5.66 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Mar/16 2.49 2.53 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Mar/16 1.06 1.09 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 Mar/16 6.16 6.19 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency loans Monthly weighted average, in %, on annual level Mar/16 5.07 5.08 Latest data based on new Methodology for compiling Interest Rate Statistics
Interest rates on Denar Deposits Monthly weighted average, in %, on annual level Mar/16 1.91 1.87 Latest data based on new Methodology for compiling Interest Rate Statistics 
Interest rates on Foreign Currency Deposits Monthly weighted average, in %, on annual level Mar/16 1.11 1.14 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 Feb/16 0.83 28.13
            Goods: credit In EUR Million Feb/16 259.93 218.81
   Goods: debit In EUR Million Feb/16 408.12 292.37  
            Services: credit In EUR Million Feb/16 125.45 108.34
            Services: debit In EUR Million Feb/16 72.16 72.32  
            Primary income: credit In EUR Million Feb/16 9.01 8.32
            Primary income: debit In EUR Million Feb/16 28.15 28.04  
            Secondary income: credit In EUR Million Feb/16 121.33 91.89
            Secondary income: debit In EUR Million Feb/16 6.47 6.52  
Capital account In EUR Million Feb/16 -0.03 0.00
            Capital account: credit In EUR Million Feb/16 0.02 0.00  
            Capital account: debit In EUR Million Feb/16 0.05 0.00
Financial account In EUR Million Feb/16 0.15 23.66
            Direct investment: net acquisition of financial assets In EUR Million Feb/16 4.60 26.80
            Direct investment: net incurrence of liabilities In EUR Million Feb/16 39.12 27.89  
            Portfolio investment: net acquisition of financial assets In EUR Million Feb/16 9.24 6.02
            Portfolio investment: net incurrence of liabilities In EUR Million Feb/16 2.08 1.28  
             Other investment: net acquisition of financial assets In EUR Million Feb/16 42.69 270.19
            Other investment: net incurrence of liabilities In EUR Million Feb/16 8.63 227.84  
            Reserve assets In EUR Million Feb/16 -6.55 -22.33
Net errors and omissions In EUR Million Feb/16 -0.65 -4.46
Official Reserves  Assets  1) EUR Million Mar/16 2,266.34 2,253.41 Long time series
Foreign currency reserves r�㼀  •  Assets t�䀀•  10)  Liabilitiese���Balance, Deficit/Surplus 2)&䄀F�F2) * EUR Million Mar/16 2,023.22 2,003.26  
IMF reserve position EUR Million Mar/16 0.00 0.00
SDRs EUR Million Mar/16 4.69 4.73
Gold EUR Million Mar/16 238.43 245.42
Other reserve assets EUR Million Mar/16 0.00 0.00  
Reserves template  1) EUR Million Mar/16 2,266.34 2,253.41 Long time series
Merchandise trade  1)     Long time series  
Total export (FOB) USD Million Feb/16 383.1 313.3
Total import ( CIF) USD Million Feb/16 528.4 385.0  
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.