Deficit, Percent of own spending (Central government) in North Macedonia
North Macedonia: Deficit, Percent of own spending (Central government) was -0.4871 in 2020. ◆ Volatile
Deficit, Percent of own spending in North Macedonia, 2005–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in North Macedonia is -0.4871, measured in 2020. That is the lowest value across all 11 years on record.
That represents a change of down 179.1% on the previous year and down 2,372.7% over ten years.
Over the whole period, deficit, percent of own spending in North Macedonia peaked at 0.0626 in 2005 and was at its lowest, -0.4871, in 2020.
North Macedonia ranks 57th of 66 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending (Central government) in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.0626 | — |
| 2006 | -0.0129 | -120.6% |
| 2007 | 0.0214 | -266.3% |
| 2013 | -0.2754 | -1385.0% |
| 2014 | -0.2958 | +7.4% |
| 2015 | -0.2466 | -16.6% |
| 2016 | -0.21 | -14.8% |
| 2017 | -0.2012 | -4.2% |
| 2018 | -0.1437 | -28.6% |
| 2019 | -0.1745 | +21.5% |
| 2020 | -0.4871 | +179.1% |
North Macedonia compared with similar countries
- North Macedonia's -0.4871 is below the median for upper middle income countries, which is -0.3126, 1.6× the median. (26 countries reporting)
- North Macedonia's -0.4871 is below the median for Europe & Central Asia, which is -0.2415, 2.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0237 | -0.0129 | 0.0626 | 3 |
| 2010s | -0.221 | -0.2958 | -0.1437 | 7 |
| 2020s | -0.4871 | -0.4871 | -0.4871 | 1 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 9.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is deficit, percent of own spending in North Macedonia?
- Deficit, percent of own spending in North Macedonia was -0.4871 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in North Macedonia?
- The highest recorded value was 0.0626 in 2005.
- What is the lowest deficit, percent of own spending recorded in North Macedonia?
- The lowest recorded value was -0.4871 in 2020.
- How does North Macedonia rank for deficit, percent of own spending?
- North Macedonia ranks 57th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in North Macedonia?
- Over the last ten years it is down 2,372.7%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (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.