Government debt — all countries

Government debt — North Macedonia

Government debt in North Macedonia in 2031 — 53.8%. Ranked 105 in the world out of 184. Since 1999, the indicator has risen by 24 pp.

2031 53.8% +0 pp vs 2030
World rank 105of 184
Period maximum 54%2029
Period minimum 20.6%2008

Trend over time

1999–2031 · % of GDP

Government debt — North Macedonia, 1999–203120304050601999200320072011201520192023202720311999: 29.8%2000: 45.6%2001: 45.2%2002: 40.5%2003: 36.5%2004: 34.6%2005: 36.7%2006: 30.6%2007: 23.5%2008: 20.6%2009: 23.7%2010: 24.3%2011: 27.7%2012: 33.7%2013: 34%2014: 38%2015: 38%2016: 39.7%2017: 39.4%2018: 40.4%2019: 40.4%2020: 50.8%2021: 52.7%2022: 50.4%2023: 50.5%2024: 52.9%2025: 52.5%2026: 53.1%2027: 53.4%2028: 53.6%2029: 54%2030: 53.8%2031: 53.8%
Change over the period: +24 pp Annual average: 0.75 pp

Comparison, 2031

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

North Macedonia 53.8%
World computed 102.5%
Europe & Central Asia computed 76.9%
Southern Europe computed 107.1%
Government debt — North Macedonia, by year North Macedonia All countries CSV XLSX
Year % Change, pp
2031 53.8 +0 pp
2030 53.8 −0.2 pp
2029 54 +0.4 pp
2028 53.6 +0.2 pp
2027 53.4 +0.3 pp
2026 53.1 +0.6 pp
2025 52.5 −0.4 pp
2024 52.9 +2.4 pp
2023 50.5 +0.1 pp
2022 50.4 −2.3 pp
2021 52.7 +1.9 pp
2020 50.8 +10.4 pp
2019 40.4 +0 pp
2018 40.4 +1 pp
2017 39.4 −0.3 pp
2016 39.7 +1.7 pp
2015 38 +0 pp
2014 38 +4 pp
2013 34 +0.3 pp
2012 33.7 +6 pp
2011 27.7 +3.4 pp
2010 24.3 +0.6 pp
2009 23.7 +3.1 pp
2008 20.6 −2.9 pp
2007 23.5 −7.1 pp
2006 30.6 −6.1 pp
2005 36.7 +2.1 pp
2004 34.6 −1.9 pp
2003 36.5 −4 pp
2002 40.5 −4.7 pp
2001 45.2 −0.4 pp
2000 45.6 +15.8 pp
1999 29.8

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

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