Taxes on goods and services in North Macedonia
North Macedonia: Taxes on goods and services was 115.06 billion current LCU in 2024. ▲ Rising
Taxes on goods and services in North Macedonia, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in North Macedonia is 115.06 billion current LCU, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 13.6% on the previous year and up 81.3% over ten years.
Over the whole period, taxes on goods and services in North Macedonia peaked at 115.06 billion current LCU in 2024 and was at its lowest, 40.47 billion current LCU, in 2005.
North Macedonia ranks 75th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.56 billion current LCU | 40.47 billion current LCU | 50.45 billion current LCU | 5 |
| 2010s | 65.45 billion current LCU | 52.62 billion current LCU | 81.40 billion current LCU | 10 |
| 2020s | 93.80 billion current LCU | 71.70 billion current LCU | 115.06 billion current LCU | 5 |
Countries ranked near North Macedonia
- 72 Spain 126.53 billion current LCU compare
- 73 Mozambique 121.71 billion current LCU compare
- 74 Netherlands 116.90 billion current LCU compare
- 76 Australia 110.61 billion current LCU compare
- 77 United States 108.24 billion current LCU compare
- 78 Macao 96.35 billion current LCU compare
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 taxes on goods and services in North Macedonia?
- Taxes on goods and services in North Macedonia was 115.06 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in North Macedonia?
- The highest recorded value was 115.06 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in North Macedonia?
- The lowest recorded value was 40.47 billion current LCU in 2005.
- How does North Macedonia rank for taxes on goods and services?
- North Macedonia ranks 75th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in North Macedonia?
- Over the last ten years it is up 81.3%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.