Macedonia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Macedonia expanded 3.20 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Macedonia is reported by the State Statistical Office of the Republic of Macedonia. GDP Annual Growth Rate in Macedonia averaged 3.27 Percent from 2004 until 2013, reaching an all time high of 8.20 Percent in the second quarter of 2005 and a record low of -2.40 Percent in the second quarter of 2009. In Macedonia, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page provides - Macedonia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.20 3.00 8.20 -2.40 3.86 | 2014/03 2004 - 2013 Percent Quarterly

TO

Macedonia GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-15 03:00 PM Macedonia
GDP Annual Growth Rate YoY
Q4 2012 0.2% 0.3% (R)
2013-06-14 12:00 PM Macedonia
GDP Growth Rate YoY
Q1 2013 2.9% 0.2% 1.12%
2013-09-13 02:30 PM Macedonia
GDP Growth Rate YoY
Q2 2013 3.9% 2.9% 2.5%
2013-12-13 03:30 PM Macedonia
GDP Growth Rate YoY
Q3 2013 3.3% 3.5% (R) 4.54%
[+]

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 Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


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.
MORE RELATED NEWS

LATEST NEWS

US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News