Capital spending, Ratio of this level of government's expenditure on in North Macedonia
North Macedonia: Capital spending, Ratio of this level of government's expenditure on was 0.5441 in 2020. ▼ Falling
Capital spending, Ratio of this level of government's expenditure on in North Macedonia, 2006–2020
Source: International Monetary Fund.
Analysis
North Macedonia recorded 0.5441 for capital spending, ratio of this level of government's expenditure on in 2020. That is the lowest value across all 10 years on record.
That represents a change of down 1.1% on the previous year and down 29.5% over ten years.
Over the whole period, capital spending, ratio of this level of government's expenditure on in North Macedonia peaked at 0.7722 in 2007 and was at its lowest, 0.5441, in 2020.
North Macedonia ranks 48th of 78 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Capital spending, Ratio of this level of government's expenditure on in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 0.7158 | — |
| 2007 | 0.7722 | +7.9% |
| 2013 | 0.7077 | -8.4% |
| 2014 | 0.7296 | +3.1% |
| 2015 | 0.7394 | +1.3% |
| 2016 | 0.6605 | -10.7% |
| 2017 | 0.6977 | +5.6% |
| 2018 | 0.5974 | -14.4% |
| 2019 | 0.55 | -7.9% |
| 2020 | 0.5441 | -1.1% |
North Macedonia compared with similar countries
- North Macedonia's 0.5441 is below the median for upper middle income countries, which is 0.6258, 87% of the median. (26 countries reporting)
- North Macedonia's 0.5441 is below the median for Europe & Central Asia, which is 0.5683, 96% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.744 | 0.7158 | 0.7722 | 2 |
| 2010s | 0.6689 | 0.55 | 0.7394 | 7 |
| 2020s | 0.5441 | 0.5441 | 0.5441 | 1 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.5481 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -80 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 193.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0209 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 32.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 353.69 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 198.25 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is capital spending, ratio of this level of government's expenditure on in North Macedonia?
- Capital spending, ratio of this level of government's expenditure on in North Macedonia was 0.5441 in 2020, according to International Monetary Fund.
- What is the highest capital spending, ratio of this level of government's expenditure on recorded in North Macedonia?
- The highest recorded value was 0.7722 in 2007.
- What is the lowest capital spending, ratio of this level of government's expenditure on recorded in North Macedonia?
- The lowest recorded value was 0.5441 in 2020.
- How does North Macedonia rank for capital spending, ratio of this level of government's expenditure on?
- North Macedonia ranks 48th out of 78 countries with data for 2020.
- Is capital spending, ratio of this level of government's expenditure on rising or falling in North Macedonia?
- Over the last ten years it is down 29.5%. The long-run trend across the full record is falling.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Capital spending, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.