Macedonia

Fiscal Balance

-5.36
percent of GDP
Dec 99Dec 01Dec 03Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 19Dec 21-9.000-6.000-3.0000.0003.000
  • Macedonia
  • Global Median
Source: IMF

Global Ranking

105
Slovenia-5.2
105
Bangladesh-5.2
107
Yemen-5.23
108
Malawi-5.3
109
Macedonia-5.36
110
Swaziland-5.38
111
Madagascar-5.4
112
Israel-5.5
112
Rwanda-5.5
112
Belgium-5.5
112
Lesotho-5.5

Europe Ranking

26
Serbia-4.1
27
Albania-4.82
28
Moldova-5.1
29
Armenia-5.11
30
Slovenia-5.2
31
Macedonia-5.36
32
Belgium-5.5
34
Austria-5.9
36
Slovakia-6.2

News

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

Related Indicators

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING