North Macedonia - Budget Deficit 2021
-5.32%
+2.73% from 2020
North Macedonia's budget deficit was -5.32% in 2021, increased +2.73% from -8.05% in 2020. This was the 70th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -20.15% | -6.6% |
| 2nd | San Marino | -16.42% | 56.3% |
| 3rd | Fiji | -14.22% | -70.5% |
| 4th | Maldives | -14.18% | 40.1% |
| 5th | Senegal | -13.67% | -41.9% |
| 6th | Tuvalu | -13.28% | -197.0% |
| 7th | Macao SAR, China | -12.89% | 39.8% |
| 8th | Ghana | -12.03% | 31.0% |
| 9th | Bahamas, The | -11.90% | -67.4% |
| 10th | Sri Lanka | -11.68% | 12.5% |
| 11th | United States | -11.43% | 19.0% |
| 12th | Kiribati | -10.77% | -401.3% |
| 13th | Bahrain | -10.57% | 38.9% |
| 14th | Aruba | -9.96% | 41.1% |
| 15th | Palau | -9.94% | 23.7% |
| 16th | India | -9.45% | 26.6% |
| 17th | Bolivia, Plurinational State of | -9.33% | 26.7% |
| 18th | South Sudan | -9.30% | -69.1% |
| 19th | Italy | -8.88% | 5.3% |
| 20th | Namibia | -8.68% | -7.6% |
| 21st | Jordan | -8.45% | 16.4% |
| 22nd | Trinidad and Tobago | -8.39% | 29.1% |
| 23rd | Malawi | -8.34% | -3.8% |
| 24th | Iceland | -8.33% | 4.6% |
| 25th | Dominica | -8.22% | -9.2% |
| 26th | Brunei Darussalam | -8.16% | 48.2% |
| 27th | Zambia | -8.14% | 40.9% |
| 28th | Uganda | -7.76% | 0.0% |
| 29th | United Kingdom | -7.73% | 41.4% |
| 30th | Tunisia | -7.60% | 16.1% |
| 31st | Greece | -7.58% | 26.7% |
| 32nd | Chile | -7.53% | -6.1% |
| 33rd | Cabo Verde | -7.51% | 19.2% |
| 34th | Burkina Faso | -7.45% | -44.4% |
| 35th | Colombia | -7.26% | -1.9% |
| 36th | Kenya | -7.20% | 11.5% |
| 37th | St. Vincent and the Grenadines | -7.19% | -21.4% |
| 38th | Hungary | -7.11% | 5.0% |
| 39th | Rwanda | -7.00% | 26.6% |
| 40th | Egypt, Arab Republic of | -6.96% | 6.9% |
| 41st | Malta | -6.95% | 20.3% |
| 42nd | Guyana | -6.94% | 10.8% |
| 43rd | Papua New Guinea | -6.84% | 22.7% |
| 44th | Thailand | -6.74% | -50.9% |
| 45th | Romania | -6.70% | 29.8% |
| 46th | Spain | -6.66% | 33.6% |
| 47th | France | -6.58% | 26.3% |
| 48th | Panama | -6.48% | 36.5% |
| 49th | Australia | -6.37% | 27.1% |
| 50th | Algeria | -6.32% | 39.9% |
| 51st | Philippines | -6.23% | -12.4% |
| 52nd | Japan | -6.13% | 32.5% |
| 53rd | Niger | -6.10% | -26.6% |
| 54th | Pakistan | -6.04% | 14.1% |
| 55th | Malaysia | -6.03% | -23.1% |
| 56th | Georgia | -5.97% | 34.8% |
| 57th | Morocco | -5.92% | 17.1% |
| 58th | China | -5.90% | 38.3% |
| 59th | Guinea-Bissau | -5.88% | 39.0% |
| 60th | Central African Republic | -5.80% | -79.2% |
| 61st | Bhutan | -5.76% | -218.8% |
| 62nd | Seychelles | -5.76% | 63.5% |
| 63rd | Latvia | -5.71% | -48.5% |
| 64th | Benin | -5.71% | -21.9% |
| 65th | Austria | -5.69% | 30.6% |
| 66th | Suriname | -5.66% | 52.7% |
| 67th | South Africa | -5.54% | 42.4% |
| 68th | El Salvador | -5.53% | 32.4% |
| 69th | Belgium | -5.40% | 40.2% |
| 70th | North Macedonia | -5.32% | 33.9% |
| 71st | Mozambique | -5.23% | 15.5% |
| 72nd | West Bank and Gaza | -5.21% | 29.4% |
| 73rd | Cambodia | -5.18% | -104.8% |
| 74th | Slovak Republic | -5.09% | 3.9% |
| 75th | Costa Rica | -5.09% | 39.3% |
| 76th | Kazakhstan | -4.97% | 29.4% |
| 77th | Czechia | -4.95% | 12.4% |
| 78th | Lesotho | -4.95% | -518.4% |
| 79th | Mali | -4.91% | 9.4% |
| 80th | Côte d'Ivoire | -4.86% | 10.3% |
| 81st | St. Lucia | -4.80% | 57.8% |
| 82nd | Gambia, The | -4.77% | -101.2% |
| 83rd | Togo | -4.65% | 34.0% |
| 84th | Slovenia | -4.61% | 40.0% |
| 85th | Burundi | -4.60% | 30.1% |
| 86th | Armenia | -4.58% | 15.2% |
| 87th | Albania | -4.57% | 31.4% |
| 88th | Eswatini | -4.57% | -8.2% |
| 89th | Antigua and Barbuda | -4.52% | 27.4% |
| 90th | Indonesia | -4.41% | 27.5% |
| 91st | Sierra Leone | -4.35% | -24.3% |
| 92nd | Barbados | -4.35% | 2.9% |
| 93rd | Argentina | -4.33% | 50.0% |
| 94th | Uzbekistan | -4.10% | -38.9% |
| 95th | Mauritius | -4.08% | 60.9% |
| 96th | Nepal | -3.98% | 46.7% |
| 97th | Ukraine | -3.97% | 32.9% |
| 98th | Nigeria | -3.97% | 1.5% |
| 99th | Mexico | -3.75% | 12.7% |
| 100th | Bangladesh | -3.56% | 26.5% |
| 101st | Tanzania | -3.55% | -38.7% |
| 102nd | New Zealand | -3.50% | 19.5% |
| 103rd | Paraguay | -3.39% | 40.7% |
| 104th | Israel | -3.37% | 68.5% |
| 105th | Belize | -3.29% | 61.6% |
| 106th | Oman | -3.17% | 79.8% |
| 107th | Germany | -3.17% | 27.7% |
| 108th | Honduras | -3.17% | 30.9% |
| 109th | Serbia | -3.16% | 54.3% |
| 110th | Canada | -3.06% | 72.1% |
| 111th | Djibouti | -3.06% | -18.5% |
| 112th | Mongolia | -3.05% | 67.0% |
| 113th | Iran, Islamic Republic of | -3.01% | 38.2% |
| 114th | Cameroon | -3.01% | 5.6% |
| 115th | Türkiye | -2.98% | 35.8% |
| 116th | Dominican Republic | -2.92% | 63.2% |
| 117th | Madagascar | -2.83% | 28.6% |
| 118th | Portugal | -2.83% | 50.9% |
| 119th | Comoros | -2.81% | -445.3% |
| 120th | Bulgaria | -2.80% | 4.0% |
| 121st | Finland | -2.69% | 51.3% |
| 122nd | Lebanon | -2.67% | 63.8% |
| 123rd | Brazil | -2.63% | 77.4% |
| 124th | Moldova | -2.62% | 50.8% |
| 125th | Uruguay | -2.61% | 43.6% |
| 126th | Croatia | -2.58% | 64.4% |
| 127th | Estonia | -2.57% | 52.6% |
| 128th | Liberia | -2.50% | 37.7% |
| 129th | Peru | -2.49% | 69.5% |
| 130th | Myanmar | -2.47% | 62.0% |
| 131st | Haiti | -2.45% | -25.5% |
| 132nd | Botswana | -2.33% | 78.5% |
| 133rd | Netherlands | -2.26% | 39.2% |
| 134th | Zimbabwe | -2.24% | -564.4% |
| 135th | Saudi Arabia | -1.99% | 80.5% |
| 136th | Gabon | -1.93% | 12.0% |
| 137th | Solomon Islands | -1.86% | 23.7% |
| 138th | Poland | -1.75% | 74.5% |
| 139th | Montenegro | -1.72% | 84.4% |
| 140th | Guinea | -1.71% | 44.7% |
| 141st | Congo, Democratic Republic of | -1.68% | 47.1% |
| 142nd | Cyprus | -1.64% | 70.5% |
| 143rd | Ecuador | -1.59% | 78.5% |
| 144th | São Tomé and Principe | -1.52% | -151.6% |
| 145th | Viet Nam | -1.43% | 49.9% |
| 146th | Ireland | -1.37% | 71.9% |
| 147th | Chad | -1.29% | -204.7% |
| 148th | Nicaragua | -1.26% | 51.1% |
| 149th | Andorra | -1.17% | -9.5% |
| 150th | Guatemala | -1.16% | 76.3% |
| 151st | Lithuania | -1.15% | 82.0% |
| 152nd | Yemen, Republic of | -0.89% | 79.3% |
| 153rd | Somalia, Fed. Rep. | -0.88% | -407.3% |
| 154th | Tonga | -0.87% | -116.6% |
| 155th | Kyrgyz Republic | -0.71% | 76.9% |
| 156th | Lao PDR | -0.67% | 87.5% |
| 157th | Tajikistan | -0.64% | 85.2% |
| 158th | Afghanistan | -0.49% | 78.4% |
| 159th | Iraq | -0.38% | 97.1% |
| 160th | Switzerland | -0.29% | 90.4% |
| 161st | Sudan | -0.29% | 95.2% |
| 162nd | Puerto Rico (US) | -0.26% | 53.4% |
| 163rd | Belarus | -0.22% | 92.2% |
| 164th | Bosnia and Herzegovina | -0.18% | 96.1% |
| 165th | Sweden | -0.15% | 95.3% |
| 166th | Korea | -0.02% | 99.1% |
| 167th | Hong Kong SAR, China | 0.01% | 100.1% |
| 168th | Marshall Islands | 0.18% | -92.9% |
| 169th | Qatar | 0.24% | 111.4% |
| 170th | Grenada | 0.33% | 107.2% |
| 171st | Turkmenistan | 0.57% | 458.2% |
| 172nd | Russian Federation | 0.78% | 119.5% |
| 173rd | Jamaica | 0.84% | 129.3% |
| 174th | Luxembourg | 1.00% | 132.4% |
| 175th | Singapore | 1.13% | 116.7% |
| 176th | Congo, Republic of | 1.63% | 247.4% |
| 177th | Samoa | 1.71% | -68.3% |
| 178th | Vanuatu | 2.38% | 222.2% |
| 179th | Liechtenstein | 2.43% | -67.1% |
| 180th | Mauritania | 2.60% | -6.7% |
| 181st | Equatorial Guinea | 2.65% | 249.8% |
| 182nd | Angola | 3.40% | 304.9% |
| 183rd | United Arab Emirates | 3.96% | 264.1% |
| 184th | Denmark | 4.12% | 1,035.3% |
| 185th | Azerbaijan | 4.21% | 165.3% |
| 186th | Micronesia, Federated States of | 4.44% | -30.8% |
| 187th | St. Kitts and Nevis | 5.41% | 276.8% |
| 188th | Kuwait | 9.98% | 6,980.9% |
| 189th | Norway | 10.29% | 502.0% |
| 190th | Libya | 14.83% | 166.6% |
| 191st | Nauru | 44.49% | 3.9% |
FAQ
What was North Macedonia's budget deficit in 2021?▾
North Macedonia's budget deficit in 2021 was -5.32%. This ranked 70th globally.
How did North Macedonia's budget deficit change in 2021?▾
North Macedonia's budget deficit increased by 33.9% in 2021 compared to 2020.
Which country had the highest budget deficit in 2021?▾
Nauru had the highest budget deficit in 2021 at 44.49%.
What is the budget deficit of North Macedonia in 2021?▾
The budget deficit of North Macedonia in 2021 was -5.32%. This ranked 70th globally.
How does 2021 compare to 2020 for North Macedonia's budget deficit?▾
North Macedonia's budget deficit went from -8.05% in 2020 to -5.32% in 2021, a 33.9% increase.
Related
2020
2022
All years
Full ranking 2021
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2000
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Brazil
vs Georgia
vs Turkmenistan
vs Dominica
NATO Budget Deficit
Global Ranking