North Macedonia—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #150 of 192
Latest Value
-4.0%
2027
YoY Change
+11.1%
2026 → 2027
Global Rank
#150
of 192 countries
Maximum
2.4%
2000
Minimum
-8.0%
2020
Last
-4.0%
Previous
-4.5%
Highest
2.4%
Lowest
-8.0%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -4.0% | +11.1% |
| 2026 | -4.5% | +10.0% |
| 2025 | -5.0% | -13.6% |
| 2024 | -4.4% | +4.3% |
| 2023 | -4.6% | +11.5% |
| 2022 | -5.2% | +1.9% |
| 2021 | -5.3% | +33.8% |
| 2020 | -8.0% | -300.0% |
| 2019 | -2.0% | -11.1% |
| 2018 | -1.8% | +33.3% |
| 2017 | -2.7% | +0.0% |
| 2016 | -2.7% | +22.9% |
| 2015 | -3.5% | +16.7% |
| 2014 | -4.2% | -10.5% |
| 2013 | -3.8% | +0.0% |
| 2012 | -3.8% | -52.0% |
| 2011 | -2.5% | -4.2% |
| 2010 | -2.4% | +7.7% |
| 2009 | -2.6% | -188.9% |
| 2008 | -0.9% | -250.0% |
| 2007 | 0.6% | +220.0% |
| 2006 | -0.5% | -350.0% |
| 2005 | 0.2% | -50.0% |
| 2004 | 0.4% | +500.0% |
| 2003 | -0.1% | +98.1% |
| 2002 | -5.2% | +11.9% |
| 2001 | -5.9% | -345.8% |
| 2000 | 2.4% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -4.5% | +10.0% |
| 2027Forecast | -4.0% | +11.1% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP