Goods and services expense in North Macedonia
North Macedonia: Goods and services expense was 5.8% in 2023. ◆ Volatile
Goods and services expense in North Macedonia, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in North Macedonia is 5.8%, measured in 2023.
The figure is down 13.5% on the previous year and down 40.8% over ten years.
Over the whole period, goods and services expense in North Macedonia peaked at 28.8% in 2005 and was at its lowest, 5.5%, in 2020.
That places North Macedonia 142nd out of 154 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in North Macedonia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 28.8% | — |
| 2006 | 26.8% | -6.9% |
| 2007 | 26.0% | -2.9% |
| 2008 | 14.8% | -43.2% |
| 2009 | 12.5% | -15.6% |
| 2010 | 11.2% | -10.6% |
| 2011 | 10.4% | -7.0% |
| 2012 | 10.7% | +3.0% |
| 2013 | 9.7% | -8.8% |
| 2014 | 9.2% | -6.0% |
| 2015 | 9.7% | +5.7% |
| 2016 | 8.3% | -14.8% |
| 2017 | 7.3% | -11.5% |
| 2018 | 6.4% | -13.1% |
| 2019 | 6.8% | +7.6% |
| 2020 | 5.5% | -19.2% |
| 2021 | 6.0% | +8.2% |
| 2022 | 6.7% | +11.7% |
| 2023 | 5.8% | -13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.8% | 12.5% | 28.8% | 5 |
| 2010s | 9.0% | 6.4% | 11.2% | 10 |
| 2020s | 6.0% | 5.5% | 6.7% | 4 |
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 goods and services expense in North Macedonia?
- Goods and services expense in North Macedonia was 5.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in North Macedonia?
- The highest recorded value was 28.8% in 2005.
- What is the lowest goods and services expense recorded in North Macedonia?
- The lowest recorded value was 5.5% in 2020.
- How does North Macedonia rank for goods and services expense?
- North Macedonia ranks 142nd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in North Macedonia?
- Over the last ten years it is down 40.8%. The long-run trend across the full record is volatile.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.