Current account balance — all countries

Current account balance — North Macedonia

Current account balance in North Macedonia in 2031 — -3%. Ranked 119 in the world out of 188. Since 1992, the indicator has fallen by 2.6 pp.

2031 -3% +0 pp vs 2030
World rank 119of 188
Period maximum 0.3%2023
Period minimum -12.8%2008

Trend over time

1992–2031 · % of GDP

Current account balance — North Macedonia, 1992–2031-15-10-505199219962000200420082012201620202024202820311992: -0.4%1993: -4.1%1994: -8.6%1995: -5.8%1996: -7.1%1997: -7.6%1998: -8.3%1999: -2.5%2000: -1.8%2001: -6.7%2002: -8.9%2003: -3.9%2004: -7.9%2005: -2.4%2006: -0.4%2007: -6.9%2008: -12.8%2009: -6.8%2010: -2%2011: -2.5%2012: -3.2%2013: -1.6%2014: -0.4%2015: -1.8%2016: -2.6%2017: -0.8%2018: 0.2%2019: -3%2020: -2.9%2021: -2.8%2022: -6.1%2023: 0.3%2024: -2.2%2025: -4.4%2026: -5%2027: -4.4%2028: -3.4%2029: -3.2%2030: -3%2031: -3%
Change over the period: −2.6 pp Annual average: -0.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: North Macedonia

North Macedonia -3%
World computed 0.28%
Europe & Central Asia computed 1.53%
Southern Europe computed 1.16%
Current account balance — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2031 -3 +0 pp
2030 -3 +0.2 pp
2029 -3.2 +0.2 pp
2028 -3.4 +1 pp
2027 -4.4 +0.6 pp
2026 -5 −0.6 pp
2025 -4.4 −2.2 pp
2024 -2.2 −2.5 pp
2023 0.3 +6.4 pp
2022 -6.1 −3.3 pp
2021 -2.8 +0.1 pp
2020 -2.9 +0.1 pp
2019 -3 −3.2 pp
2018 0.2 +1 pp
2017 -0.8 +1.8 pp
2016 -2.6 −0.8 pp
2015 -1.8 −1.4 pp
2014 -0.4 +1.2 pp
2013 -1.6 +1.6 pp
2012 -3.2 −0.7 pp
2011 -2.5 −0.5 pp
2010 -2 +4.8 pp
2009 -6.8 +6 pp
2008 -12.8 −5.9 pp
2007 -6.9 −6.5 pp
2006 -0.4 +2 pp
2005 -2.4 +5.5 pp
2004 -7.9 −4 pp
2003 -3.9 +5 pp
2002 -8.9 −2.2 pp
2001 -6.7 −4.9 pp
2000 -1.8 +0.7 pp
1999 -2.5 +5.8 pp
1998 -8.3 −0.7 pp
1997 -7.6 −0.5 pp
1996 -7.1 −1.3 pp
1995 -5.8 +2.8 pp
1994 -8.6 −4.5 pp
1993 -4.1 −3.7 pp
1992 -0.4

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.