Macedonia GDP

The Gross Domestic Product (GDP) in Macedonia was worth 9.66 billion US dollars in 2012. The GDP value of Macedonia represents 0.02 percent of the world economy. GDP in Macedonia is reported by the The World Bank Group. From 1992 until 2012, Macedonia GDP averaged 5.6 USD Billion reaching an all time high of 10.4 USD Billion in December of 2011 and a record low of 2.3 USD Billion in December of 1992. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Macedonia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
9.66 10.44 10.44 2.30 9.02 | 2014/06 1992 - 2012 USD Billion Yearly

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Macedonia GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 9.66 2012-12-31 10.44 10.44 2.30 9.02 2014-06-30 USD Billion [+]
GDP Constant Prices 127842.00 2013-11-15 123246.00 127842.00 59063.00 123400.30 2014-06-30 MKD Million [+]
GDP Growth Rate 3.20 2013-12-31 3.00 8.20 -2.40 3.86 2014-03-31 Percent [+]
GDP Annual Growth Rate 3.20 2013-12-31 3.00 8.20 -2.40 3.86 2014-03-31 Percent [+]
Gross Fixed Capital Formation 105443.00 2012-06-29 94698.00 105443.00 34716.00 106338.42 2012-12-31 MKD Million [+]
GDP per capita 3478.13 2012-12-31 3490.22 3490.22 2432.22 3498.31 2014-06-30 USD [+]
GDP per capita PPP 9323.11 2012-12-31 9355.53 9355.53 6519.56 9377.19 2014-06-30 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Macedonia Foreign Direct Investment at 65.49 EUR Million  
Foreign Direct Investment in Macedonia decreased to 65.49 EUR Million in the fourth quarter of 2013 from 75.13 EUR Million in the third quarter of 2013. Foreign Direct Investment in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Current Account to GDP at -1.90 Percent  
Macedonia recorded a Current Account deficit of 1.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Government Budget at -4.10 Percent of GDP  
Macedonia recorded a Government Budget deficit equal to 4.10 percent of the country's Gross Domestic Product in 2013. Government Budget in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Balance of Trade at -181811.00 USD Thousands  
Macedonia recorded a trade deficit of 181811 USD Thousands in February of 2014. Balance of Trade in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Current Account at -22.90 USD Million  
Macedonia recorded a Current Account deficit of 22.90 USD Million in January of 2014. Current Account in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Changes in Inventories at 29519.00 MKD Million  
Changes in Inventories in Macedonia increased to 29519 MKD Million in 2012 from 25850 MKD Million in 2011. Changes in Inventories in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Price Index (CPI) at 100.56 Index Points  
Consumer Price Index (CPI) in Macedonia decreased to 100.56 Index Points in March of 2014 from 100.73 Index Points in February of 2014. Consumer Price Index (CPI) in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Spending at 90372.00 MKD Million  
Consumer Spending in Macedonia increased to 90372 MKD Million in the fourth quarter of 2013 from 89925 MKD Million in the third quarter of 2013. Consumer Spending in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Employed Persons at 685479.00  
The number of employed persons in Macedonia increased to 685479 in the fourth quarter of 2013 from 682448 in the third quarter of 2013. Employed Persons in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Exports at 376474.00 USD Thousands  
Exports in Macedonia increased to 376474 USD Thousands in February of 2014 from 320416 USD Thousands in January of 2014. Exports in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
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