Expense in North Macedonia
North Macedonia: Expense was 301.38 billion current LCU in 2023. ▲ Rising
Expense in North Macedonia, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in North Macedonia stood at 301.38 billion current LCU. That is the highest value across all 19 years on record.
That represents a change of up 14.7% on the previous year and up 112.6% over ten years.
Over the whole period, expense in North Macedonia peaked at 301.38 billion current LCU in 2023 and was at its lowest, 89.12 billion current LCU, in 2005.
That places North Macedonia 81st out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 110.81 billion current LCU | 89.12 billion current LCU | 129.94 billion current LCU | 5 |
| 2010s | 158.35 billion current LCU | 131.56 billion current LCU | 205.64 billion current LCU | 10 |
| 2020s | 260.26 billion current LCU | 233.74 billion current LCU | 301.38 billion current LCU | 4 |
Countries ranked near North Macedonia
More public sector data for North Macedonia
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.8% (2024)
- Taxes on income, profits and capital gains 17.3% (2024)
- Taxes on goods and services 38.3% (2024)
- Net investment in nonfinancial assets 1.5% (2024)
- Net lending (+) / net borrowing (-) -4.3% (2024)
- Interest payments 5.9% (2024)
- Grants and other revenue 6.2% (2024)
- Interest payments 4.3% (2023)
- Other taxes 0.2% (2024)
Frequently asked questions
- What is expense in North Macedonia?
- Expense in North Macedonia was 301.38 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in North Macedonia?
- The highest recorded value was 301.38 billion current LCU in 2023.
- What is the lowest expense recorded in North Macedonia?
- The lowest recorded value was 89.12 billion current LCU in 2005.
- How does North Macedonia rank for expense?
- North Macedonia ranks 81st out of 157 countries with data for 2023.
- Is expense rising or falling in North Macedonia?
- Over the last ten years it is up 112.6%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.