Revenue, excluding grants (current LCU) in North Macedonia
North Macedonia: Revenue, excluding grants (current LCU) was 298.23 billion current LCU in 2024. ▲ Rising
Revenue, excluding grants in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for revenue, excluding grants in North Macedonia is 298.23 billion current LCU, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 12.4% on the previous year and up 116.9% over ten years.
Over the whole period, revenue, excluding grants in North Macedonia peaked at 298.23 billion current LCU in 2024 and was at its lowest, 99.98 billion current LCU, in 2005.
That places North Macedonia 80th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Revenue, excluding grants (current LCU) in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 99.98 billion current LCU | — |
| 2006 | 103.81 billion current LCU | +3.8% |
| 2007 | 118.77 billion current LCU | +14.4% |
| 2008 | 133.50 billion current LCU | +12.4% |
| 2009 | 126.26 billion current LCU | -5.4% |
| 2010 | 126.51 billion current LCU | +0.2% |
| 2011 | 131.51 billion current LCU | +4.0% |
| 2012 | 130.01 billion current LCU | -1.1% |
| 2013 | 132.14 billion current LCU | +1.6% |
| 2014 | 137.50 billion current LCU | +4.1% |
| 2015 | 150.68 billion current LCU | +9.6% |
| 2016 | 157.18 billion current LCU | +4.3% |
| 2017 | 163.61 billion current LCU | +4.1% |
| 2018 | 177.25 billion current LCU | +8.3% |
| 2019 | 196.26 billion current LCU | +10.7% |
| 2020 | 185.37 billion current LCU | -5.6% |
| 2021 | 210.35 billion current LCU | +13.5% |
| 2022 | 236.48 billion current LCU | +12.4% |
| 2023 | 265.25 billion current LCU | +12.2% |
| 2024 | 298.23 billion current LCU | +12.4% |
North Macedonia compared with similar countries
- North Macedonia's 298.23 billion current LCU is below the median for upper middle income countries, which is 450.01 billion current LCU, 66% of the median. (48 countries reporting)
- North Macedonia's 298.23 billion current LCU is above the median for Europe & Central Asia, which is 266.60 billion current LCU, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 116.46 billion current LCU | 99.98 billion current LCU | 133.50 billion current LCU | 5 |
| 2010s | 150.26 billion current LCU | 126.51 billion current LCU | 196.26 billion current LCU | 10 |
| 2020s | 239.13 billion current LCU | 185.37 billion current LCU | 298.23 billion current LCU | 5 |
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is revenue, excluding grants in North Macedonia?
- Revenue, excluding grants in North Macedonia was 298.23 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in North Macedonia?
- The highest recorded value was 298.23 billion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in North Macedonia?
- The lowest recorded value was 99.98 billion current LCU in 2005.
- How does North Macedonia rank for revenue, excluding grants?
- North Macedonia ranks 80th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in North Macedonia?
- Over the last ten years it is up 116.9%. The long-run trend across the full record is rising.
- 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 Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.