North Macedonia—Government Expense (% of GDP)
North Macedonia's government expense (% of GDP) was 33.4% in 2023, ranking #43 out of 138 countries. This represents a +3.7% change from 2022. Over the past 19 years, the highest recorded value was 34.9% (2020) and the lowest was 27.8% (2016). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 33.4% | +3.7% |
| 2022 | 32.2% | -3.4% |
| 2021 | 33.3% | -4.6% |
| 2020 | 34.9% | +17.6% |
| 2019 | 29.7% | +6.6% |
| 2018 | 27.8% | -0.5% |
| 2017 | 28.0% | +0.8% |
| 2016 | 27.8% | -3.5% |
| 2015 | 28.8% | +1.5% |
| 2014 | 28.4% | +0.4% |
| 2013 | 28.2% | -3.8% |
| 2012 | 29.4% | +1.3% |
| 2011 | 29.0% | -3.7% |
| 2010 | 30.1% | -4.0% |
| 2009 | 31.3% | +2.6% |
| 2008 | 30.6% | +4.3% |
| 2007 | 29.3% | -0.9% |
| 2006 | 29.6% | +2.3% |
| 2005 | 28.9% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP