Transfer dependency method 2, Ratio of net transfers to own revenue in North Macedonia
North Macedonia: Transfer dependency method 2, Ratio of net transfers to own revenue was -0.5172 in 2020. ▼ Falling
Transfer dependency method 2, Ratio of net transfers to own revenue in North Macedonia, 2005–2020
Source: International Monetary Fund.
Analysis
In 2020, transfer dependency method 2, ratio of net transfers to own revenue in North Macedonia stood at -0.5172. That is the lowest value across all 11 years on record.
That represents a change of down 28.1% on the previous year and down 132.6% over ten years.
Over the whole period, transfer dependency method 2, ratio of net transfers to own revenue in North Macedonia peaked at -0.2133 in 2005 and was at its lowest, -0.5172, in 2020.
That places North Macedonia 54th out of 66 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Transfer dependency method 2, Ratio of net transfers to own revenue in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -0.2133 | — |
| 2006 | -0.2165 | +1.5% |
| 2007 | -0.2224 | +2.7% |
| 2013 | -0.4301 | +93.4% |
| 2014 | -0.4374 | +1.7% |
| 2015 | -0.3952 | -9.6% |
| 2016 | -0.4201 | +6.3% |
| 2017 | -0.3957 | -5.8% |
| 2018 | -0.4401 | +11.2% |
| 2019 | -0.4037 | -8.3% |
| 2020 | -0.5172 | +28.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.2174 | -0.2224 | -0.2133 | 3 |
| 2010s | -0.4175 | -0.4401 | -0.3952 | 7 |
| 2020s | -0.5172 | -0.5172 | -0.5172 | 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 transfer dependency method 2, ratio of net transfers to own revenue in North Macedonia?
- Transfer dependency method 2, ratio of net transfers to own revenue in North Macedonia was -0.5172 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 2, ratio of net transfers to own revenue recorded in North Macedonia?
- The highest recorded value was -0.2133 in 2005.
- What is the lowest transfer dependency method 2, ratio of net transfers to own revenue recorded in North Macedonia?
- The lowest recorded value was -0.5172 in 2020.
- How does North Macedonia rank for transfer dependency method 2, ratio of net transfers to own revenue?
- North Macedonia ranks 54th out of 66 countries with data for 2020.
- Is transfer dependency method 2, ratio of net transfers to own revenue rising or falling in North Macedonia?
- Over the last ten years it is down 132.6%. 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 Transfer dependency method 2, Ratio of net transfers to own revenue, 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.