External balance on goods and services in North Macedonia

North Macedonia: External balance on goods and services was -116.39 billion constant LCU in 2025. ▼ Falling

Latest (2025)
-116.39 billion constant LCU
Change on year
down 8.4%
World rank
113th
of 161 countries
All-time high
-50.05 billion constant LCU
in 2005
All-time low
-139.87 billion constant LCU
in 2022
Years of data
21
2005–2025

External balance on goods and services in North Macedonia, 2005–2025

-140.0B-120.0B-100.0B-80.0B-60.0B2005201520252005: -50.0B constant LCU2006: -51.8B constant LCU2007: -61.0B constant LCU2008: -77.6B constant LCU2009: -70.2B constant LCU2010: -62.5B constant LCU2011: -56.1B constant LCU2012: -70.9B constant LCU2013: -66.0B constant LCU2014: -71.3B constant LCU2015: -81.3B constant LCU2016: -94.9B constant LCU2017: -92.4B constant LCU2018: -96.9B constant LCU2019: -110.2B constant LCU2020: -98.5B constant LCU2021: -114.5B constant LCU2022: -139.9B constant LCU2023: -99.6B constant LCU2024: -107.4B constant LCU2025: -116.4B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for external balance on goods and services in North Macedonia is -116.39 billion constant LCU, measured in 2025.

That represents a change of down 8.4% on the previous year and down 43.1% over ten years.

Over the whole period, external balance on goods and services in North Macedonia peaked at -50.05 billion constant LCU in 2005 and was at its lowest, -139.87 billion constant LCU, in 2022.

That places North Macedonia 113th out of 161 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s -62.13 billion constant LCU -77.56 billion constant LCU -50.05 billion constant LCU 5
2010s -80.25 billion constant LCU -110.20 billion constant LCU -56.14 billion constant LCU 10
2020s -112.70 billion constant LCU -139.87 billion constant LCU -98.46 billion constant LCU 6

Countries ranked near North Macedonia

  1. 110 Moldova -73.73 billion constant LCU compare
  2. 111 Nicaragua -82.82 billion constant LCU compare
  3. 112 Canada -87.04 billion constant LCU compare
  4. 114 Central African Republic -121.10 billion constant LCU compare
  5. 115 Comoros -128.55 billion constant LCU compare
  6. 116 Guinea-Bissau -138.28 billion constant LCU compare

See the full ranking of 161 places →

More economy & growth data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is external balance on goods and services in North Macedonia?
External balance on goods and services in North Macedonia was -116.39 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in North Macedonia?
The highest recorded value was -50.05 billion constant LCU in 2005.
What is the lowest external balance on goods and services recorded in North Macedonia?
The lowest recorded value was -139.87 billion constant LCU in 2022.
How does North Macedonia rank for external balance on goods and services?
North Macedonia ranks 113th out of 161 countries with data for 2025.
Is external balance on goods and services rising or falling in North Macedonia?
Over the last ten years it is down 43.1%. The long-run trend across the full record is falling.
Where does this North Macedonia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.