Macedonia recorded a Current Account deficit of 6 percent of the country's Gross Domestic Product in 2022. Current Account to GDP in Macedonia averaged -3.85 percent of GDP from 1998 until 2023, reaching an all time high of 0.20 percent of GDP in 2018 and a record low of -12.70 percent of GDP in 2008. source: Ministry of Finance
Current Account to GDP in Macedonia is expected to reach -3.60 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Current Account to GDP is projected to trend around -3.10 percent of GDP in 2025 and -2.80 percent of GDP in 2026, according to our econometric models.