North Macedonia Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
North Macedonia's budget deficit stood at -5.04% in 2025, a decline of +0.59% from 2024. The IMF projects -5.04% by 2025. North Macedonia ranked 142nd globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.53% | - | - |
| 2029* IMF | -3.03% | - | - |
| 2028* IMF | -3.53% | - | - |
| 2027* IMF | -3.97% | - | - |
| 2026* IMF | -4.47% | - | - |
| 2025* IMF | -5.04% | - | - |
| 2025 | -5.04% | −0.59% | #142 |
| 2024 | -4.45% | +0.17% | #56 |
| 2023 | -4.61% | +0.62% | #53 |
| 2022 | -5.23% | +0.09% | #53 |
| 2021 | -5.32% | +2.73% | #70 |
| 2020 | -8.05% | −6.08% | #63 |
| 2019 | -1.97% | −0.21% | #91 |
| 2018 | -1.76% | +0.98% | #93 |
| 2017 | -2.73% | −0.03% | #80 |
| 2016 | -2.70% | +0.77% | #86 |
| 2015 | -3.48% | +0.72% | #79 |
| 2014 | -4.20% | −0.36% | #54 |
| 2013 | -3.84% | −0.03% | #61 |
| 2012 | -3.81% | −1.33% | #61 |
| 2011 | -2.47% | −0.06% | #100 |
Detected Pattern
Analysis
North Macedonia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
North Macedonia's budget deficit was -5.04% in 2025. Ranked 142nd globally. This represents a 13.3% decrease from the previous year.
North Macedonia's budget deficit peaked at 2.38% in 2000.
The lowest budget deficit in North Macedonia was -8.05% in 2020.
North Macedonia ranks 142nd globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
North Macedonia's budget deficit is projected to reach -5.04% by 2025 based on IMF projection.
The budget deficit of North Macedonia in 2025 was -5.04%. This ranks 142nd in the world.
Cite this page
@misc{historysaid_north-macedonia_budget-deficit,
title = {North Macedonia Budget Deficit},
url = {https://historysaid.com/north-macedonia/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}