Subsidies and other transfers (current LCU) in North Macedonia
North Macedonia: Subsidies and other transfers (current LCU) was 229.20 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in North Macedonia stood at 229.20 billion current LCU. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 10.0% on the previous year and up 119.4% over ten years.
Over the whole period, subsidies and other transfers in North Macedonia peaked at 229.20 billion current LCU in 2024 and was at its lowest, 34.99 billion current LCU, in 2005.
North Macedonia ranks 70th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Subsidies and other transfers (current LCU) in North Macedonia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 34.99 billion current LCU | — |
| 2006 | 42.57 billion current LCU | +21.7% |
| 2007 | 45.82 billion current LCU | +7.6% |
| 2008 | 76.66 billion current LCU | +67.3% |
| 2009 | 83.10 billion current LCU | +8.4% |
| 2010 | 85.68 billion current LCU | +3.1% |
| 2011 | 89.57 billion current LCU | +4.5% |
| 2012 | 94.31 billion current LCU | +5.3% |
| 2013 | 97.40 billion current LCU | +3.3% |
| 2014 | 104.48 billion current LCU | +7.3% |
| 2015 | 109.86 billion current LCU | +5.1% |
| 2016 | 114.73 billion current LCU | +4.4% |
| 2017 | 122.39 billion current LCU | +6.7% |
| 2018 | 133.55 billion current LCU | +9.1% |
| 2019 | 148.26 billion current LCU | +11.0% |
| 2020 | 176.57 billion current LCU | +19.1% |
| 2021 | 178.06 billion current LCU | +0.8% |
| 2022 | 194.94 billion current LCU | +9.5% |
| 2023 | 208.38 billion current LCU | +6.9% |
| 2024 | 229.20 billion current LCU | +10.0% |
North Macedonia compared with similar countries
- North Macedonia's 229.20 billion current LCU is above the median for upper middle income countries, which is 139.97 billion current LCU, 1.6× the median. (46 countries reporting)
- North Macedonia's 229.20 billion current LCU is above the median for Europe & Central Asia, which is 139.03 billion current LCU, 1.6× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (current LCU) in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +67.3% | 45.82 billion current LCU | 76.66 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.63 billion current LCU | 34.99 billion current LCU | 83.10 billion current LCU | 5 |
| 2010s | 110.02 billion current LCU | 85.68 billion current LCU | 148.26 billion current LCU | 10 |
| 2020s | 197.43 billion current LCU | 176.57 billion current LCU | 229.20 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)
- 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 subsidies and other transfers in North Macedonia?
- Subsidies and other transfers in North Macedonia was 229.20 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in North Macedonia?
- The highest recorded value was 229.20 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in North Macedonia?
- The lowest recorded value was 34.99 billion current LCU in 2005.
- How does North Macedonia rank for subsidies and other transfers?
- North Macedonia ranks 70th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in North Macedonia?
- Over the last ten years it is up 119.4%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.